The Metatrader4 EA should detect hidden divergences with an RSI(X1),
when found a hidden divergence (bullish or bearish) a second RSI(X2) (input variable to be calculated in selected timframe for RSI(X2)) time should trigger an open order when second RSI(X2) is higher/lower then RSI(X2) signal trigger line Y .
E.g. When EA has detected an RSI(14) hidden bullish divergence on a 4hour chart, a second RSI(7) from another timeframe (most of time lower - can be 1H, 30minute, 15minute ect.) with a signal trigger level of e.g. 30 is lower this trigger line and crossing this signal trigger line up a buy signal has occured and a buy position will be placed. ... vice versa when a sell signal would be placed.
When a buy/sell signal by the RSI(X2) has been generated also stoploss order should be automatically generated if wanted to use.
Inputs when starting EA should be:
- fixed pips
- x-pips lower of lower RSI(X)/price value for hidden bullish divergence
or xpips higher of higher RSI(x)/price value of hidden bearisch divergence
- Stopploss calculated on basis of Andrews pitch fork median lines
- Stoploss calculated on basis of Fibonacci levels
- Stoploss calculated on basis of Moving averages when they are triggered
When a buy/sell signal by the RSI(X2) has been generated also takeprofit order should be automatically generated if wanted to use.
Inputs when starting EA for profit taking should be:
- fixed pips
- Fibonacci retracement levels
- Andrew pitchfork Median lines (should be selectable which median line should work as take profit
zone)
- ABC projection
I hope this information is enough to have an idea how EA should work, else just contact me and we can have a chat in detail.
thanks
Hello.
My name is Peter.
I'm professional IT engineer. I've been working on Forex for the last 7 years. I'm very well familiar with MT platform and MQL, can provide you with codes which were written by me.
I read the project's description and I am fully understand your requirements about program you want to get.
In case you are interested in working with me, please let me know.
Thank you.
Waiting to hear from you,
Best regards,
Peter
Hi,
Interesting EA idea you got there. I definitely have the knowledge and skill to perform this job. What requires the most work I have to admit it the different take profit and stop loss calculations. Everything else is very straight forward. I also have a good experience with optimizing parameters, I can provide you help with the selection of the proper settings.
You can open up a chat with me if you think I can help you orienting your requirements or if you want to know more about the way I would handle this project.
Best,
Andy