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Hello Coders, I'm back again. the last time I posted on here I had to take it off because it looked like most of you will have an issue putting this all on one dash board so I want to make it easier this time not to put in on a dashboard. This EA will be based on 4 time frames indicators and A currency Strength meter which will be a multiple time frames based. I have some that I will be willing to share that was coded for me so I will show u the pic and give you via your personal email similar indicators in mq4 format so u can look at the source code if it will be possible. The Indicators are 4tf Rsi level, 4tf thv bulls bears, 4tf heikin ashi and 4tf gann hi lo activator. The combined indicators will give an alert when any "3" of the indicators are aligned on all the 4 times frames and any "2 or 3 time frames" of the currency strength meter are in a buy position or sell position. The alert can look something like "aggressive sell EUR/USD 5mins chart opened at 1.2000. When all the indicators are aligned on all the selected time frames and any "1 out of the 4 time frames of the strength meter is aligned it should give an alert like "conservative sell EUR/USD. Now remember this is a 4TF indicators so If I'm applying the indicator to a 5mins chart, the four time frames will be 5,15,30 and 60mins. applying it to a 15mins chart it will be 15,30,60 and 240 etc.. although, the currency strength meter has all the TF but the alert will come from any of the 4 time frames corresponding to the 4 time frames of the indicators, meaning if using the 5,15,30 and 60mins 4 time frames indicator, the combined alert will also come from any of the 5, 15,30 and 60mins TF of the Strength meter not a 4hr or a daily TF because those are not on the TF for the selected indicators. Now let's talk about exits. for the exits, it is pretty simple , when any 3 time frames of any of the indicator turns bearish( if bullish) it gives an alert like "exit EUR/USD 5mins at 1.2344. Hope it's clear, I will provide charts examples. For the EA... Here is where it gets interesting. As Above when the EA is put in a chart, when the conditions are met, it gives an alert such as "aggresiveBUY position opened for EUR/USD 5mins chart" or sell USDJPY 15mins chart meaning the EA was applied to a 15mins USD/JPY chart and if push notification is selected, I will receive the info on my phone. For just as the above exit conditions for the indicators but here it will give an alert like Position exited or closed for EUR/USD 5mins + 30pips or -30pips.. This means that the trade had a gain of 30pips or a loss of 30pips which I should get the info on screen and on my mobile. I should be able to see a picture of this on your own platform and your mobile phone to know if the work is complete or not.
EA properties... You can add some of your own if you think it can help but for now, this is what I have :
1...The EA should have a SL option that user can input what the Stop loss should be also a TP. Note.. Using the SL and TP is not mandatory, its just an option to use. If used, a position can only be closed if, a) the SL is hit, b) the TP is hit or c) any 3 TF of any of the indicators are aligned in the opposite direction.
2...Opening positions are based on the current candles but an option to use closed candles.
3...The EA should work on any MT4 platform.
4. The EA should have the option of lots sizes. 1.0, .01 or .001
5. I would love the EA the have only x number of positions opened whether it's standard mini or micro lots, but I do not know how u guys can implement that and that was the reason why I wanted everything on a dashboard. For instance when only 4 mini lots are selected, a 5th position cannot be opened regardless of whether I get a buy or sell signal until one of the 4 opened positions are closed. what else am I missing, tell me what u think U would like to add.
The two pics of similar currency strength meters are enclosed and as you can see from the 2 currency meters NZD was weak and JPY was strong on 3 time frames actually 4 so this would have been a conservative or aggresive buy because all the time frames and indicators was aligned in the 5mins NZD/jpy chart , and some instances only 3 was aligned but as long as two time frames out of the four is aligned, it will give alerts. EUR/jpy would also have given an alert , so as NZD/USD. Hope you guys are able to add any of the strength meter to the indicators. It will be a lot of work but u can look at the code and let me know if you have any questions. NOTICE!! The currency meters are not for for sharing after I send them to you via email here. Attached is one dashboard that I had earlier requested and no one was able to assure me all the indicators can be put on one dashboard. That was what I initially wanted. As u can see, I will not have to open many charts, just one dashboard
