Tanaka master, please create EA with these indicators
View attachment 86456
Have about the same Idea,...
Its best for all of Us collaborate to make most promising formula , constructing rules that makes best EA
there is so many Indicator that's actually are the same principles, its time consuming if we try all one by one.
I have basic trading trading rules that combining several indicator and take advantage the best of its indicator.
THE RULES:
Basicly we need some indicator with different type.
1. Reversal type indicator like zig Zag etc (take the best of its kind, member forum can give suggestion whats is the best)
2. Entry type indicator , should give inough entry point but not too much (take the best of its kind, member forum can give suggestion whats is the best),
3. Exit type Indicator (take the best of its kind, member forum can give suggestion whats is the best)
4. Indicator to place stop loss , support and resistant kind of indicator. (take the best of its kind, member forum can give suggestion whats is the best),
THE IDEA
1. Reversal Type Indicator to filter order , if after top reversal so EA will only place Sell oder , so the opposite, after Bottom reversal EA will only place BUY order.
2. entry type indicator will place order (sell only or buy only) following rules number 1, place order with Take profit but no Stop loss, stop loss will place later if next reversal signal appear. stop loss will ruin the result.
3. exit type indicator to place automatic take profit (but still have option to place manual Take Profit).
4. support resistant type indicator to place automatic SL if Reversal Indicator give reversal signal , should give some extra pips for more save SL point . this better option than close all order if signal reversal appear that almost always give negative profit . stop loss for saver trading if the trend clearly reverse.
All Indicator should have option to change Time Frame (can change indifidually) so we can choose the best TF for each indicator.
We can collaborate to make best formula , my Idea just a start, other forum member, can give suggestion to make my idea better , or giving different idea.
After best rules formulated, then its can coded by Tanaka San or other contributor coder in this forum.
Regards.