This document outlines the requirements for an Expert Advisor (EA) designed for the MetaTrader 5 platform. The EA's primary function is to close open trades based on their position relative to the Kijun Sen line of the Ichimoku Kinko Hyo indicator. The EA should have configurable parameters for the Ichimoku settings, a specific magic number for trade identification, a time interval for checking open trades, and logic for closing trades based on the Tenkan Sen and Kijun Sen positions. --- # Revised Expert Advisor Development Reference ## Overview This document specifies the requirements for an Expert Advisor (EA) for MetaTrader 5. The EA is designed to close open trades based on their real-time position relative to the Kijun Sen line of the Ichimoku Kinko Hyo indicator, without waiting for the current candle to close. ### 1. Ichimoku Kinko Hyo Settings The EA should allow users to configure the following Ichimoku Kinko Hyo indicator values: Tenkan Sen (Conversion Line): Default value should be 9 periods. Kijun Sen (Base Line): Default value should be 26 periods. Senkou Span B (Leading Span B): Default value should be 52 periods. Configure the Ichimoku Kinko Hyo indicator values as follows: ```mql5 input int TenkanSenPeriod = 9; // Tenkan Sen period input int KijunSenPeriod = 26; // Kijun Sen period input int SenkouSpanBPeriod = 52; // Senkou Span B period ``` ### 2. Magic Number Configuration The EA should include an option for users to specify a magic number. The EA will only manage trades with this magic number. Specify a magic number for the EA to identify and manage trades: ```mql5 input int MagicNumber = 0; // User-defined magic number ``` ### 3. Time Interval for Trade Checks The EA should allow users to set a time interval (in seconds) at which it will check for open trades to manage. Set a time interval (in seconds) for the EA to check open trades: ```mql5 input int CheckIntervalSeconds = 60; // Check interval in seconds ``` ### 4. Trade Management Logic The EA should close buy trades when the Tenkan Sen is below the Kijun Sen and close sell trades when the Tenkan Sen is above the Kijun Sen. This logic should apply to the current candle, regardless of whether a Tenkan Sen and Kijun Sen crossover has occurred. The EA should close trades based on the real-time positions of Tenkan Sen and Kijun Sen, without waiting for the candle to close: ```mql5 // Pseudocode for real-time trade management logic void CheckAndCloseTrades() { double tenkanSen = iIchimoku(Symbol(), 0, TenkanSenPeriod, KijunSenPeriod, SenkouSpanBPeriod, MODE_TENKANSEN, 0); double kijunSen = iIchimoku(Symbol(), 0, TenkanSenPeriod, KijunSenPeriod, SenkouSpanBPeriod, MODE_KIJUNSEN, 0); for (int i = OrdersTotal() - 1; i >= 0; i--) { if (OrderSelect(i, SELECT_BY_POS) && OrderMagicNumber() == MagicNumber) { if (OrderType() == OP_BUY && tenkanSen < kijunSen) { // Close buy order immediately } else if (OrderType() == OP_SELL && tenkanSen > kijunSen) { // Close sell order immediately } } } } ``` **Key Point**: The EA will perform checks at the specified interval and close trades immediately if the Tenkan Sen is below (for buy orders) or above (for sell orders) the Kijun Sen, without waiting for the current candle to close. This real-time response is crucial for the strategy's effectiveness. ---