[REQ] Coding EA using Fractals indicator with no repaint

[newbee1713006039]

I would like to show a trading strategy, maybe someone can code an EA from it.

I use a fractal indicator, that does not repaint.

 

http://depositfiles.com/files/mkh3rclzr

 

 

I wait for three different arrows, red-blue-red or blue-red-blue.

 

http://img809.imageshack.us/img809/721/3006.png

 

The signal:

The last arrow of these three ones should be inside the range of the first two, or at least

even with one of the first two ones. So, as soon as the third arrow appears on the chart

and meets the above mentioned requirements whe open a sell order on the red arrow

or a buy order on the blue arrow.

When you look at the screenshot, you will find even more trading signals, as I have marked.

 

There should be a hidden SL of only 3 pips, but it would be nice, if this could be changed inside the manual settings of the EA.

 

When the order is open, the EA should use some kind of variable TP (equal to TS 40% of the profit)

So when we have 5 pips in profit the TS should be 2, at 10 pips the TS should be 4, a.s.o.

 

The trades are closed under the following conditions:

Order hits SL, Order hits TS or the next fractal arrow appears in a different color.

 

The EA should allow to change the following settings manually:

- last fractal arrow, "inside", "inside and even", "inside, even and outside"

- changeable SL

- changeable % of virtual TP

- risk percentage

- friday trading until what time

 

EA should be useable for 4 and 5 digit brokers.

 

Should support suffix like EURUSDm, EURUSDus, EURUSDjfx a.s.o

Using "string My_Symbol = Symbol() + StringSubstr(Symbol(),6,StringLen(Symbol())-6);" ???

 

And maybe someone is already able to code this for MT4 and MT5 ;-)

 

thx in advance

 

newbee

Edited July 1, 2010 by newbee