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I need a MT5 expert advisor created based on the Carmella pivot point’s indicator. The EA will open a buy when it hits one of the R lines or a sell trade when price hits one of the S lines.
The inputs needed for the expert advisor
1. Buy level: Either R1, R2, R3 or R4 level for entry
2. Sell level : Either S1, S2, S3 or S4 level for entry
3. TP level: Either R1, R2, R3 or R4 level or Either S1, S2, S3 or S4 level
4. SL level: Either R1, R2, R3 or R4 level or Either S1, S2, S3 or S4 level
5. Trading allowed per day: I must be able to select the days
6. Lot calculation : Enter a starting percentage for the lot size for example 0.5% of the account size to start off with
If the trades wins it will stay the same 0.5% (unless I size it )
If the trade loses the % will double to 1% until the trade wins and if it wins it will go back to the staring % which is 0.5%
Calculation of the lot size it needs to calculate that the winnings covers the loss of the previous trade
7. Spread filter: Trade will only be allowed if the current spread is under the spread value entered
8. Pip filter: Add in a pip filter for entry if I enter 2 pips the entry will only be taking by the entry line + 2 pips
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