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1. Overview:
1.1. Description: This EA will take technical analysis data from local csv folder, even the bar data are for EA Analysis will be also taken from local .csv file. The EA will take trade info from local .csv file and also monitor the csv data file in real-time if EA is loaded on Specific Chart and execute the new trades as it comes.
2. EA SETTINGS:
2.1. INPUT FILE: Allow user to browse local folder and select the technical analysis file in .csv format. Once user selects that file, that file will be monitored in real-time for any new append data and also will use existing data for future analysis and for back testing.
2.2. Real-time UPDATE: Allow user to enable this by check mark or by allowing to select yes or no. If enabled then it will monitor selected input file in real-time for any changes to the file, if new trade is added in csv file then it will execute the trade.
2.3. Trade Type: Allow user to select Buy or Sell or Buy & Sell option from dropdown list.
2.3.1.1. Buy: Buy signal is column named B in input file, any value >0 in B column in input file is considered as Buy Signal.
2.3.1.2. Sell: Buy signal is column named S in input file, any value >0 in S column in input file is considered as Sell Signal.
2.3.1.3. Both: Both means it will use both Buy and Sell Signals from selected input file.
2.3.1.4. EXIT NOTE: For both Buy and Sell Signals exit will be opposite signal or hitting stop loss or profit taking target is hit.
2.3.2. Quantity: Allow user to set default Quantity Size for each trade. So if say user sets 10,000 then it will trade .10 lot, if set to 30,000 then it will trade .30 etc.
2.3.3. Stop Loss Pips: Allow user to set the Stop Loss value in 5 digit pip value which will be used to execute stop loss incase open trade goes against it.
2.3.4. Take Profit 1: Allow user to set the Take Profit value in terms of pip profit, once the trade profit is reached to set target pip then trade will exit.
2.3.4.1.1. Profit Target Pip: Say it is set to 10 pips then it will use 10 pip gain target.
2.3.4.1.2. Profit Target Quantity: allow user to enter the quantity which it will close.
2.3.5. Take Profit 2: Allow user to set the Take Profit value in terms of pip profit, once the trade profit is reached to set target pip then trade will exit.
2.3.5.1.1. Profit Target Pip: Say it is set to 10 pips then it will use 10 pip gain target.
2.3.5.1.2. Profit Target Quantity: allow user to enter the quantity which it will close.
2.3.6. Take Profit 3: Allow user to set the Take Profit value in terms of pip profit, once the trade profit is reached to set target pip then trade will exit.
2.3.6.1.1. Profit Target Pip: Say it is set to 10 pips then it will use 10 pip gain target.
2.3.6.1.2. Profit Target Quantity: allow user to enter the quantity which it will close.