Greetings all!
I'm developing a new egy and may use some help from a coder I can use. If there is a cost involved with future growth, I'm open to discussions. But because this is only a concept at this point, I'm hopeful someone can throw down some code to see if this is viable and we can move forward with collaboration.
At this phase, the EA will be to simply open orders under the conditions summarized below. I've others EA's that will handle and close the transaction once opened and will incorporate their logic to this new EA if testing goes well.
Factors:
Lotsize: default .01
Stoploss: default 20 pips
When loaded on a chart, it will wait until next candle available. If there is no open order on specified chart, it will check for the following condition at the open of each new candle.
In the opening of NEW candle it will check for 3 conditions.
Condition 1
CCI (over 100 for extended or below -100 for brief )
Condition Two
Previous Heiken I Candle condition (short or long )
Condition 3
Current Awesome Oscillator condition at candle open (short or long ). With this EA, AO long and short conditions are just the candle color. In this example below, any white line would be LONG and some other red would be SHORT.
If these 3 conditions match LONG, LONG, LONG, one LONG order will be put at market with lot size and stop loss as revealed in factors.
If these 3 conditions match SHORT, SHORT, SHORT, one SHORT order will be put at market with lot size and stop loss as revealed in factors.
If any of the 3 conditions don't match at candle available, then no order will be put and EA will wait for next candle available for next check of conditions.
After an order is started, it won't open new orders chart until current order is closed. Then it will start searching for the condition again at next candle available.
Ideas? If you would like to have a conversation, a REAL conversation? A Project Management conversation? I can be reached through SKYPE. Just allow me to know and we will set up a moment.
FS
EDIT 3/17/2018 - Arby1108 was kind enough to create an EA to further the dialogue. Please note that v1.3 really isn't the final edition. But posted for individuals to see back evaluation results of the correlation of the 3 indiors.
EDIT 5/12/2018
I wish to thank everyone for their input and participation. The purpose of this thread was to examine a concept and for the purposes of trade entry, I think we did well.
Trade that the 4H chart on pairs which have a daily range of 100 pips or more.
When CCI, AO, and HA agree, place order in that direction
Close order if CCI reverses back into mid range from entry territory.
https://www.cliqforex.com/attachment...576943249689.3
https://www.cliqforex.com/attachment...8181369266.ex4