The EA should be attached on one chart but be able to read signal from indicators on two different charts at the same time. I will send the Indicator when the project is won . When the EA is attached to the chart, it should determine the current trend of the larger time frame chart( for the Indicator, Blue is uptrend and red is downtrend).Let us say we have a blue line( Uptrend) on the Large time frame, we check the lower time frame chart to confirm that it is also [url removed, login to view] it is, we enter a buy position using the initial [url removed, login to view] exit when one of the following occurs:
1)Stipulated take profit is [url removed, login to view] close the position if the stipulated take profit is reached then we wait for a new uptrend on the smaller time frame chart before opening a new position again( we do not enter any short position when the lower time frame is on a down trend(red color)as long as the higher time frame is still an uptrend)
2) A change of trend on the smaller time frame occurs: if this occurs and the position is positive, we close it and wait for the blue line on the lower time frame to appear again(again, we do not enter any short position when the lower time frame is on a down trend(red color)as long as the higher time frame is still an uptrend)If the position is negative, we do not close it as long as the candle in the larger time frame is still above the blue line ( if the candle in the larger time frame chart closes below the blue line we close the position even if the candle is still blue).
3)The candle closes below the blue line on the larger time frame:if this occurs, we wait to see if the candles would close above the [url removed, login to view] it does, we open a new position using the Nextlotsize formular (This formular would be given when the project is won.).However, if the candle does not close above the blue line again but rather continues down and the red line appears at the close of a candle, we now have a down [url removed, login to view] now look at the smaller time frame to see if its on a down trend [url removed, login to view] it is, we open short(sell)a position using the next Lotsize formular. And the whole process is repeated like was done in the uptrend sample above.
If a trade fails ( that is the position does not result in a positive pip gai when candle closes below the blue line on a larger time frame chart or when the candle closes above the red line on the larger time frame, we enter the next position using the next lotsize [url removed, login to view] new position is closed if the profit is positive or equal to or more than the stipulated profit target when a new trend occurs on the small time frame .If it is positive but less than the stipulated take profit, we repeat the lotsize [url removed, login to view] if it is negative we do not close it as long as the candle on the larger timeframe chart does not close above the blue line.
This project has a budget of $60 US dollars
Please , I would appreciate only serious bidders.I am not desperate to get someone to do this work...