Create EA with simple RSI indicator

MQL4 Experts Forex

Termos de Referência

MODIFICATION1
FILTER
the filter is taking from RSI signal on higher  time frame
SELL example if RSI 4 hours chart closed below 70 line it means we are to look for
Only sell signals on the time frame the EA  is attached to.
BUY Example if RSI 4 hours chart closed above  30 line , EA will  look for only
Buy signals on the timeframe the EA is attached to.
the EA should take all the signals generated from the lower time frame in conmfirmation from the higher TF. 
if it take a sell trade and it hasnt closed in tp and another sell  signals appears it should take it as well.
when a trade is closed in loss
EA  looks for another signal and take a trade to recover the loss withhout profit.
( based on the new martingale)

filter  time frame= 4HR, DAILY, WEEKLY , MONTHLY

MODIFICATION2
This uses another indicator as filter
the filter indicator(arrow indicator ) and RSI works together
if the filter indicator doesnt confirm the signal , the EA wont take trade
SELL SIGNAL
Wait for RSI closes below 70 line
wait for sell arrow to appear
take sell with tp and sl
BUY SIGNAL
Wait for RSI to close above 30 line
wait for buy arrow to appear
take buy with tp and sl
when a trade is closed in loss
EA  looks for another signal and take a trade to recover the loss withhout profit.
( based on the new martingale)
New Martingale
when a trade closed in loss (stoploss ) the EA  should calculate the next trade lots that will only recover the loss without profit.
after recovery the ea will start a new circle to make profit.
in the input  you will have 
if the martingale is turned off EA uses the default lots
in the input there will be Use filter = True/False
if filter is turned off the EA only trade without the filter only uses RSI.
for the filter , before the EA takes the trade it must make sure the RSI  is in line with the signal , if RSI  have change course no need to take the signal when the arrow appears.
ADDITIONAL  INPUTS
tp in money  ;  this means take profit in money , if i set it as 1 EA  closes trade when it made 1usd
tp in pips  ; take profit in pips , if i set  10 , then when 10 pips is achieved ea will close the trade.
Risk MM ; Risk money management , the ea calculated the lots based on the risk applied
% Risk ; % Risk if i use 1 % ea will calculate 1% risk and choose lots to use 
No-martingale= 5 ; number of martingale to open , after 5 times  ea will revert back to using default lots
martingale -= true /false  ; this settings will activate the settings
max spread  ; this will not take trade when spread is more than amount choose 
trades per signal ­ ; if i put 2 , ea will take 2 trade immediately a signal is giving 
news filter ; the EA wont trade during  news period

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