explain well this strategy that I want to program it, Sl and TP?
This is what I am doing:
Using Margin Trader ( can't trade more than one currency at the time ), buy or sell, never against the major trend, 4 hr or 1 hr chart (1 hr being better option ). Exit orders on 15 min chart, wait for another buy or sell signal, depends on major (4 hr or 1 hr chart )trend signal. Direction Turn(indy) works well on 4 hr chart.
Orders have to start manually, than ea works on it's own as there is more capital.
Problem with this system is one has to check chart so often, to start or stop ea.
Today I started with change of the trend, EURUSD buy, was good decision, but then I missed turning point, wasn't looking at the chart, missed more profit. I am using amazon aws, didn't check my phone on time.
Now to the point:
zigzagme and bb-alert-arrows seem to work the best (15 min chart ), both have to have to happen at same time, to open and close order's. If you could create ea with those 2 indicator's, to work like margin trader, add more positions every so often, every bar , pips, or so , than close all position's on opposite signal, another good option would be stop loss, and profit take. First option is preferable. Would be good to have magic number, so one can use it on multiple currencies.
For time being let's stick with EURUSD as each currency has it's own temperament.
At least it would be good to have zigzagme ea as starting point.
Direction Turn and BB sometimes happen , but zigzag is consistent with right direction, and when combined works like a charm for manual trading.
I can put demo mt4 on amazon and test it, and than go from there.
We can see that trend is changing on EURUSD, 4 hour and 1 hour chart. Usually price hit's the point 2-3 time's before change of trend.
1 hour chart Ultimate Arrows happen at the trend change. So from here on, ea has to go into the buy mode.
thx!