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Hi, I need an MT4 EA that uses a common indicator (will
give later) to open positions. It needs to be able to open long and short positions
in the following ways;
Open Short Position – after the indicator forms,
the EA monitors the low of that candle (where the indicator formed) and
when the market moves below the candle’s low (in the next candle), it opens the
short position. If the market moves against this position it will not stop out,
but wait for the indicator to form again and repeat the above process.
Open Long Position - after the indicator forms,
the EA monitors the high of that candle (where the indicator formed) and
when the market moves above the candle’s high (in the next candle), it opens
the long position. If the market moves against this position it will not stop
out, but wait for the indicator to form again and repeat the above process.
I need to be able to have the option to choose between
fixed and risk lot sizes, plus lot multiplier for subsequent lots. It also
needs a take profit and trailing stop option. All options should have a true
and false switch to turn them on or off.
The EA must also have a magic number field.
Looking forward to any responses – please let me know if
you need more information.
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