Nanofx

HI,

IT is martingale EA based on the indicator that I have attached

Let me explain the idea,

1. you can see BUY   and Sell signals on the image

2. there are 3 levels- 1(dot)  2(Dot) 3(dot/star)

3. But some times this buy and sell signals mislead us, it means, e.g buy/sell signal such as 1(dot), 2(Dot). 3(dot/star) appear after that also market moves same direction

4. Therefore, the moment a 1(dot),  2(Dot) 3(dot/star) appears,  at the  bottom buy or at the top sell order should be placed,  if the market moves same direction martingale orders should continues until  market retraces, it should have SL/TP

5. now 3 martingales to be included in this EA,  Martingale 1for level 1(dot),

            Martingale 2 for level 2(dot) and martingale 3 for level 3(Dot/Star)

6. Each level martingale should have: may be externals

 a)  Multiplication (e.g.: 2 or 3 or 1.5 or 1.68    etc.)

 b)  Distance/ gap( between orders in pips)

 c)  Maximum level (how many orders)

 d) SL (true/false) and TP(true/false)

 E) MM rules (true/false)

 F) Equity protection (true/false)

7. Each martingale is independent to each other and work independently
8. each one should have True/False option, it means

         Martingale 1 -1(dot), (True/false)

         Martingale 2- 2(Dot). (True/false)

         Martingale 3 -3(dot/star) (True/false)         

9. if you have any idea to add/suggest will be appreciated

Regards

Nanofx