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The project is to create a dashboard which will be able to work in all forms of markets that is accessible from MT5 platform. The markets can range from Stocks, Forex, Indices.
For this reason the Dashbaord must be able to read the list of instruments available from Market watch.
The dashboard must be able to display indicator bias for sell or buy in different timeframes in the form of a table. I will send a picture of what I will prefer to be the format of displaying the information from 12 different indicators.
If the indicator bias is a buy it needs to be indicated with an arrow. Part of the indicator inputs should allow me to choose the type of colour to use for the arrow. An arrow for sell and for buy.
I want to be able to change the individual indicator settings either by loading the indicators one by one.
I want to be able to select which timeframes to view for any specific indicator. There must be a means of selecting which timeframes to view for specific indicator. Up to 5 timeframes per indicator. The timeframes will be arranged according to increasing order from lowest to highest.
By default the timeframes will be given percentages as follows:
First timeframe, lowest: 10%
Second timeframe: 20%
Third timeframe: 30%
Fourth timeframe: 20%
Fifth timeframe: 20%
After the last column there will be a column where the percentages will be aggregated according to buy or sell. With this formula the percentages will be summed up: All percentages indicating buy divided by the certain number.
The percentages will be updated live according to the changes that come up from the indicators as the market conditions change.
A simple EA with basic features will be incorporated into the dashboard. The EA will have a thresh hold input which the EA will reference from the Aggregated numbers. If the threshold is 50% then the EA will take trades of Aggregates more than 50%. If the Buy Aggregates to 71% and Sell to 29% then the EA will open a buy position because the Buy aggregate being at 71% is above 50% thresh hold.
The option to use trailing: Yes or No
The EA will have TP and SL input in pips and a basic trailing function which will have:
1. Trailing start – The amount of profit in pips at which trailing can start
2. Trailing step – The amount of pips to move SL in pips
For example if Trailing start is 50pips and trailing step is 20 pips then as soon as profit reaches 51 pips the EA moves stop loss 20 pips into profit. The EA then waits for the market to move by additional 20 pips (meaning profit moves now to 70 pips) before moving stop loss by another 20 pips…… so the trailing is the amount of pips to move into profit.
LAstly I want to be able to lock the Dashboard with an expiry date and to restrict it to work on a specific account number. This is to avoid theft because i will be running it on vps. The VPS people tend to steal EAs and indciators so i want to be able to lock it so none can use it without my permission.
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