Need EA coded...if it's possible

The indicator attached is a MTF DMI indicator. I have noticed that when I run it on a 5 min chart but set on a 15 min time frame that it will check every 5 min and set it's color according to that 5 min block and not repaint at the end of every 15 min. The caveat is that if I close my mt4 or change the time frame and then switch it back the data is then repainted based on the close of the 15 min. Whereas if I hadn't closed the chart it could have 2 reds and a blue for a 15 minute period. After refresh it would have 3 blue if that was the color of the last 15 minute block on the 5 minute chart.

Now I don't know if it is possible but I was hoping an EA could be made with a couple inputs that could manually be put in. Basically I would like to be able to run the EA on any time frame I choose and be able to set the indicator up for another time frame of my choosing along with the DMI_smoothing period.

For example: I could run the EA on a 5 minute time frame and it would trade based on whatever settings I put in for the indicator. Say like a 15 min DMI with 21 period DMI_smoothing or a 30 minute DMI with 16 period DMI_smoothing.

As for the trade execution I would like it to basically be in the market at all times. On candle close the EA should check if the DMI block is red or blue. If it is blue it should be in a buy. If on candle close the block turns red then the EA should close the buy and sell.

Would be great if there was an input to have a hard stop loss. Also one for how many lots to trade per trade. Lastly I think being able to set the time the EA would operate would be great.

Since the EA won't be back test-able, because of the issue with repainting if the chart is changed at all, it will take a lot of forward testing on a demo account to find the best settings but I'm willing to put in the time and share my findings with the community. Anyway...let me know if someone can do this.

Can you post the mq4 for it and the dmi indicator needed to go with it.

Thanks

Oops. Well I have the DMI mq4 but not the other one. I can probably get it though.

still trying to get the mq4 file for the #mtf_dmi. have e-mailed the guy that coded it in the first place. With the holidays I probably won't get a response for a bit but will update this when I do have it.

Found the mq4.

This is not something I am gonna pay to have done. No offense to anyone. I have no idea if the idea will even pan out so was just having an EA done so I could forward test the idea easier and share my results. I can do it manually just fine obviously. It's not a difficult task. So if anyone wants to code it for free that's cool but I won't be paying anyone to have it done. I don't know if it will even make money. Lots of factors to play with. DMI settings for different time frames and even possibly best trading times of the day. Lots to forward test. Anyways...if someone does it great...if not I will press on without it.

Here is a picture of what I am talking about. This is a 15min chart. The mtf indicator is setup to show a 30 min DMI with setting of 14. So the EA would be great if it had a trailing stop feature or maybe a move to break even after a certain point. The strategy catches big moves but also gets faked out a lot. So a hard stop loss would hopefully negate some of the fake outs and be overcome by the big moves for gains.

Anyway there is a lot of forward testing on different time frames and different dmi settings that needs to be done to find optimal settings. That's where the EA would help a lot.

Been trying to fool around and put an EA together myself. Hasn't gone so well. I know I need an order-swap in it because it will be closing and opening an order based on the indicator changing from blue to red or vice versa. Just not sure how to get it to work. Will keep on plugging away.

Carson : i have been trying to work on something similar.
my concept is dmi h4 sets the trend h1 entry and exits.
please take a look at the chart setting is 3.
when both go red sell when both go blue buy(trend changes)
when h4 red and h1 blue then red sell vise versa for buys(retracement trades)

here are 2 version one histogram the other lines