UPDATE 1: Follow-Up Trade Entry Update
-----------------------------------------------------
The idea here is to trigger further buy trade/notifications after the initial indicator buy/sell signal is triggered in the
direction of the trend. For the below, Infinit_y Trade Entry on the EA will be in an enabled position.
[BUY]
i. Current trend = BUY/Blue line
ii.
Candle close price >= signal entry.
iii.
Candle close price is <= 25% of the range between the signal line and the take
profit line
[SELL]
i. Current trend = SELL/Red line
ii. Candle close price <= signal entry.
iii. Candle close price is >= 25% of the range between the signal line and the take profit line
EA Setting: TradeRe-entry: Trade/Trade & Alert/Alert Only/Disable
Example:
The bearish candle with the vertical dashed red line below fits the criteria. It is within the Signal entry line
and the 25% line. Notice the 25% line is 25% of the difference within the signal entry line and the
take profit line. The new trade will use the EA's existing TP & SL settings.
UPDATE 2 - Multi Timeframe Trade Filter
----------------------------------------------------
All BUY trades
on the EA should only be opened if the Candle on the Filter Time frame last closed above the trendline on the filter timeframe. i.e. if the
filter timeframe is H4, before opening any buy trades the EA confirms the last H4 candle closed above the H4 trendline. The reverse for
sell.
EA Setting: Multi Timeframe Trade Close (1 min - 1 month)
UPDATE 3 - Filter TF CLOSE
------------------------------------
Identical to Update 2 above, this applies to
close. When enabled, close any open buy trades when the Filter time frame candle closes below the filter TF trendline. The opposite for sell.
EA Setting
MTFCloseStatus = Alert, Alert & Trade, Trade Only, Disable
UPDATE 4
-------------
Ensure the other close features in the EA work. For reference see job 'https://www.mql5.com/en/job/115050'
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