Hello my name is Shael,
I am looking to create an Expert Adviser using 2 indicators for MT5. 1st is the Extreme TMA Line (2 lines per ETL "used for signals"), 2nd is the Hull Moving Average (Trend finding "Used as filter"). Both found in market for free ((("HMA Color with Alerts MT5 & ExtremeTMALine MT5"))).
((I do want the code)) ((Name EA STOMPPER))
Trade setup as follows:
(SELL) Have multiple ETL's "Extreme TMA Line" on chart... Wait for price to pass upwards on (UPPER) ETL once past create sell stop to move with the ETL price "with it". When price moves back down and HMA "Hull Moving Average" signal is down create trade at ETL sell stop. TP and SL either on an ETL of choice or points and market order option for trades as well...
Buy is opposite...
(BUY) Have multiple ETL's "Extreme TMA Line" on chart... Wait for price to pass downwards on (LOWER) ETL once past create sell stop to move with the ETL price "with it". When price moves back up and HMA "Hull Moving Average" signal is up create trade at ETL sell stop. TP and SL either on an ETL of choice or points and market order option for trades as well...
So...
EA must have wish list:
Magic #
Money management: Lots/Risk%
Choice between pending orders/market orders
Choice for buys/sells or both
Close on opposite signal... just first signal will work when signal changes
Close all for weekend (time) close all trades and stop trading on Friday
Finish trades then stop trading
Slippage
Max Spread
Max trades per bar
Stoploss either on an ETL or as points eg. 7th ETL or 100 points "SL must move with ETL"
Takeprofit either on an ETL or as points eg. 1st ETL or 200 points "TP must move with ETL"
Breakeven with price to hit and price of breakeven eg. hit 50 points profit then move BE to 20"
Trailingstop with price to hit and distance of TS eg. hit 100 trail by 30
Setup for up to 10 ETL's "Extreme TMA Line" with custom Period TMA, Multiplier ATR, Period ATR with with a true false to turn them on/off
Setup for up to 7 HMA's "Hull Moving Average" with custom HMA Period, HMA Averaging Method, Applied Price, Time Frame with true false to turn them on/off
Trade times Start (time), Stop (time), Monday, Tuesday, Wednesday, Thursday, Friday, Saturday, Sunday
Show indicators on chart on/off
I hope this is easy enough to do for you!!!!
I don't know if I am allowed to add the indicators but they are found for free in the MT5 market place...
If you need them please ask... ((("HMA Color with Alerts MT5 & ExtremeTMALine MT5")))
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