Gann Hi Lo MTF Histo EA

Hi there,

EA will be based on the indicator Gann HiLo MTF Histo. It open the trade when the histo match with 2 higher time frames. It is a trend trading strategy. Only major part as per me is that it should only place trade when the higher tf candle closes and trend confirm....

For Example, if ea loaded on 1min tf then the higher tf will be 5min and 15min. when 15 min candle confirms down trend then 5 min should confirm down as well. Once these 2 matches, in 1min graph when new histo shows down trend then and then only trade should be place...

I will attach the picture which will illustrate this better way...

For higher tf, we can have input tab to choose 2 higher tf which is the best way. This helps to change strategy in future if i want. Also i will need option for choosing how many higher tf i want(max 2). As market keep changing and i might need only one higher tf and at some stage i might dont need any higher tf....

I mean if i choose only 1 higher tf then histo will be matched with that higher tf only and if i dont choose any higher tf then it will place the trade in current tf histo changes....

Exit when the current tf histo changes to opposite color. It will only close if the trade is positive. If its negative then it will not close because there will be SL of fix pips on every trade. There will not be TP. It will close all trades on opposite histo.

About Lots, i want flexibility to choose fix lot or percentage of risk on the basis of balance.

I want trailing stop function with true/false option. I will decide as per market conditions....

limit total number of trades for combining all currencies...

I also want time to trade option. Time will be consider as per mt4 chart time so its easy for me to handle...so always chart starts at 0:00 and finishes at 23:59:59.

It should take maximum 2 trades in one direction for each pair. This means that one signal confirms and that trade continue and its negative so it will not be closed but if we get signal confirmation again then it will open one more trade in same direction....