Candle Grid EA

Only for experienced developers, others will be rejected
EA is a kind of Grid EA, so if you have experience with such, will be excellent (references)
EA uses two indicator histograms, the OsMA and MACD, both must be integrated in the EA
for backtesting. Input to choose if long/short signal of OsMA, MACD both or one of them.
EA uses the high and low of a higher timeframe candle to span the grid. e.g. M5 chart and H1
higher timeframe (Input for that)
EA measures from low to high of the higher timeframe candle, this is referenced 0 to 100(%)
EA draws horizontal lines at high, in the middle (50) and low, style, color of lines as inputs.
Also it draws extensions above and below the candle (Input how many extensions should be
drawn). This is the Grid.
EA draws the "virtual" candle of the higher timeframe into the chart continuously.
Input for Start (start detection), end (end detection, no new tradesequences) and stop (close all
trades and pendings): Format hh:mm
EA start a tradesequence at end of configured higher timeframe candle. e.g. M5 chart and
M30 higher timeframe, its starts at xx:30 or xx:00
EA has inputs for Stop Loss and Take Profit, if zero, no SL or TP. SL and TP inputs are in
reference to high/low, see above, not in points, e.g. if trade entry was long at high of candle
and stop loss is 50 then sl is placed in the middle, same principle for TP
EA has inputs for SL count and TP count, meaning: How many times may the SL hit before
stopping the tradesequence. How many TP must be achieved. Example: If SL is 2 and TP is 3
and SL ist hit, then SL is down to 1 and TP is up to 4. If one is zero then tradesequence of that
candle stops
EA places stop and limit orders regarding to the indicators signal. First trade after end of
higher timeframe candle: Indicator long, price in the upper half of candle = stop buy at high
and limit buy at 50, Indicator short, price at lower half, Stop Sell at low and limit sell at 50,
principle should be clear, if not dont attend. There are more situations. Tradesequence starts
for this candle.
EA places the SL and the TP. TP is placed TP count x TP, e.g. TP count is 3 and TP is 50
then TP is placed 150% above or below the entry.
Every time a candle of the actual chart ends, the EA must check the indicator direction. If
trade is long and indicators are short then EA places corresponding Limit Sell and Stop Sell at
the grid levels, the TP or the SL of the actual trade must be moved to such grid levels to.
When the stop / Limit pendings are triggered the actual trade must be closed. If the indicator
changes with out triggering the new limit / sell the SL or TP moves back to the original grid
levels as they were before. Same for short positions. New pendings are placed till one of the
Counters (SL or TP) is zero. Reminder: TP is always placed as multiple of the actual TP
counter, e.g. TP counter is 3 and one TP is achieved then TP counter is 2 and TP is placed 2 x
TP (setting). If actual time is > End Time, the EA continues till tradesequence ends.
If SL counter is down to 1, then the EA cant place a new pending at the level of the SL aof the
actual trade. Why? When this SL is triggered the SL counter is 0 and the tradesequence ends,
so then the EA places only one pending.
EA has an input, how many tradesequences in Paralell should be traded.
EA has an input for Limit TP, as written above the TP is placed TP Count x TP, Limit TP
limits it, e.g. TP count is 3 and TP Limit is 2 then TP is placed 2 x TP input
EA has an Input for Break Even (yes/no), if trade achieves 1xTP SL is moved to BE
INputs for Comment / Magic Number
Input for Fixed Lot or Risk in% of Balance / Equity
EA must place the pendings including the spread of the asset (if you dont know why, dont
attend, i will ask)
EA must be backtestable, stable and fast. If MT4 crashes and restart the EA must be able to
continously trade.