I want
my value chart EA to have the following features added to it:
1) I need 2 available options when EA has a losing position which I will configure
when I attached the EA. First option, it will no longer open position. Second
option, it will take trade in the reverse direction. For example, open buy at
-4 and exit buy at 8, then suffer a loss, EA will then start to open sell at 4
and exit sell at -8. I can configure buy/sell for the first trade. Option to
turn to false for this requirement for future development.
2) When
value chart touches overbought/oversold (OB/OS) region, I want to have the
option to add position every time value chart touches OB/OS region. Exit position
will be last in first out (LIFO) every time value chart touches OB/OS region. Exit
will be same lot size as entry. If after closing a position and is a loss, close
all existing position. Option to set maximum number of opened position at input
parameters.
3) 1 trade per bar. If position is closed at current bar then wait till next bar to open new position.
I have attached value chart indicator. The overbought/oversold regions are configurable in my EA already. I will send you EA once everything finalised.
Thanks.
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