Modification of a Grid EA

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Modification of EA:

 

This is a fully functional EA which opens and closes trades not based on logic but only based on which direction (SELL, or BUY) that the user sets in the properties. The EA then will manage all subsequent trades by itself.

In this modification, I want this first trade to be taken based on trading logic / indicators. There should be an option for all these 4 Indicators to be turned off and on. When turned off, the EA will ignore that logic/indicator. It should also have a True/False for “Trade Based on Logic”. All the below will be activated only if this is set to TRUE.

1)

Criteria for opening the first trade as a SELL:

https://www.mql5.com/en/charts/7437372/gbpjpy-h1-international-capital-markets

1)      RSI in Overbought on candle close (current timeframe)

2)      Stochastic in Overbought on Candle close (current tf)

3)      Candle (current tf) closes outside upper line of Bollinger Bands

4)      Candle high was in any of the Red (Supply Zone)

Criteria for BUY trades are the exact opposite of sell Trades.

2) If mt4 restarts and EA had open trades before it was closed, EA should recognize the open trades and pickup from where it left off.

3) When profit target is met and EA wants to close all trades, Prioritize to close the Open trades first and then delete the Pending Orders.

4) Once the basket target is met, at the moment EA takes around 1-3 minutes to close all orders. Please make this closing process as fast as possible i.e. all open trades and pending orders closed in seconds.

5) Clean-up the EA code and optimize it for back testing in the Strategy Tester without touching the logic of the EA.

6) Display On Chart. Current Floating for this Pair. Number of Open Trades. Number of Pending Orders. All for this pair. 

Point 5 is the most important point. 

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