# MAEA Project Summary ## Project Overview **MAEA (Moving Average Expert Advisor)** - An advanced trend-following trading robot for MetaTrader 4 with sophisticated filtering and risk management features. **Repository:** https://git.moreminimore.com/kunthawat/MAEA **Timezone:** Thailand (UTC+7) ## Core Strategy ### Indicator System (5 Visual Lines) 1. **EMA High** (Light Blue) - EMA of High prices, period 30 2. **EMA Medium** (Yellow) - EMA of Close prices, period 30 3. **EMA Low** (Orange) - EMA of Low prices, period 30 4. **High Border** (Purple) - EMA High + (EMA Medium - EMA Low) 5. **Low Border** (Purple) - EMA Low - (EMA Medium - EMA Low) ### Signal Types #### 1. Breakthrough Signal - **Buy:** Close price breaks above EMA High - **Sell:** Close price breaks below EMA Low - **Purpose:** Triggers order opening #### 2. Pullback Signal - **Buy Pullback:** Price moves down to hit any line, then closes above the line - **Sell Pullback:** Price moves up to hit any line, then closes below the line - **Purpose:** Increases lot size when breakthrough occurs in same direction - **Tracking:** Separate for buy and sell directions ### Order Management - **Single Order:** Only one order at a time - **Dynamic Lot Sizing:** - 0.01 lot (no pullback before breakthrough) - 0.02 lot (pullback occurred before breakthrough) - **Stop Loss:** At Border Lines (Low Border for buys, High Border for sells) - **Take Profit:** Target in USD (default $5) - **Breakeven:** Move SL to entry at X points profit (default 100) - **Trailing Stop:** Trail by X points after breakeven (default 100) ## Advanced Filters ### 1. Volume Filter - Calculate 20-bar volume average - Trade only when current volume > average - Ensures sufficient market activity ### 2. Spread Filter - Maximum allowed spread: 30 points - Prevents trading during high spread periods ### 3. Multiple Timeframe (MTF) Filter (Optional) - **Trading Timeframe:** H1 - **Filter Timeframe:** D1 - **Logic:** - D1 close > D1 EMA High: Only buy orders allowed - D1 close < D1 EMA Low: Only sell orders allowed - D1 close between: No orders allowed - Can be enabled/disabled ### 4. News Filter (Optional) - Avoid specific hours (default: 14, 15, 20, 21) - Avoid specific days (default: 1, 5) - All times in Thailand timezone (UTC+7) - Can be enabled/disabled ### 5. Risk Management - **Max Drawdown:** Percentage-based protection (default 10%) - Stops trading if drawdown exceeds limit - Resumes trading when drawdown is below limit ## Implementation Phases ### Phase 1: Project Setup & Git Configuration (3 tasks) - Create MQL4 project structure - Initialize Git repository - Configure remote to Gitea server ### Phase 2: Core EA Structure (4 tasks) - Create MAEA.mq4 with basic framework - Define all input parameters - Set up indicator buffers - Initialize global variables ### Phase 3: Indicator Calculations (4 tasks) - Implement EMA calculations (High, Medium, Low) - Implement Border Line calculations - Add visual indicators with colors - Implement Volume average calculation ### Phase 4: Signal Detection (4 tasks) - Implement breakthrough signal detection - Implement pullback signal detection - Implement separate pullback tracking - Implement pullback flag reset logic ### Phase 5: Multiple Timeframe Filter (3 tasks) - Implement D1 EMA calculations - Implement MTF filter logic - Add enable/disable toggle ### Phase 6: Additional Filters (4 tasks) - Implement volume filter - Implement spread filter - Implement news filter (Thailand timezone) - Add enable/disable toggle for news filter ### Phase 7: Order Management (7 tasks) - Implement order opening with all filters - Implement dynamic lot sizing - Implement Stop Loss placement - Implement Take Profit calculation - Implement Breakeven logic - Implement Trailing Stop logic - Implement single order restriction ### Phase 8: Risk Management (3 tasks) - Implement max drawdown calculation - Implement drawdown protection - Implement trading resume logic ### Phase 9: Order Monitoring & Management (5 tasks) - Implement Take Profit checking - Implement Breakeven checking and SL modification - Implement Trailing Stop checking and SL modification - Implement Stop Loss checking - Implement order closure logic ### Phase 10: Testing & Validation (7 tasks) - Test all EMA and Border Line calculations - Test breakthrough and pullback signals - Test all filters - Test order opening with correct lot sizes - Test TP, SL, breakeven, and trailing stop - Test drawdown protection - Test visual indicators display ### Phase 11: Documentation & Deployment (5 tasks) - Create comprehensive README.md - Add parameter descriptions and usage instructions - Add troubleshooting guide - Commit initial code to Git - Push to Gitea repository and verify ## Total Tasks: 50 ## Key Features Summary ✅ **Advanced Trend Following:** EMA-based with dynamic border lines ✅ **Smart Signal Detection:** Breakthrough and pullback signals with separate tracking ✅ **Dynamic Lot Sizing:** 0.01 or 0.02 based on market behavior ✅ **Comprehensive Filters:** Volume, spread, MTF, news, and drawdown protection ✅ **Risk Management:** TP in USD, SL at borders, breakeven, trailing stop ✅ **Visual Indicators:** 5 colored lines for easy analysis ✅ **Flexible Configuration:** All features can be enabled/disabled ✅ **Single Order Management:** Prevents over-trading ✅ **Timezone Aware:** Thailand timezone (UTC+7) for all time-based features ## Default Parameters | Parameter | Value | Description | |-----------|-------|-------------| | EMA Period | 30 | Period for all EMAs | | Lot Size (Normal) | 0.01 | Lot without pullback | | Lot Size (Pullback) | 0.02 | Lot with pullback | | Take Profit | $5 | Target profit in USD | | Breakeven Points | 100 | Points to trigger breakeven | | Trailing Stop Points | 100 | Trail distance after breakeven | | Max Spread | 30 points | Maximum allowed spread | | Volume Period | 20 | Bars for volume average | | Max Drawdown | 10% | Maximum drawdown percentage | | MTF Filter | true | Enable/disable MTF filter | | News Filter | true | Enable/disable news filter | ## Technical Specifications - **Platform:** MetaTrader 4 - **Language:** MQL4 - **Trading Timeframe:** H1 (recommended) - **Filter Timeframe:** D1 (for MTF) - **Currency Pairs:** All pairs (user-selectable) - **Account Types:** Any MT4 account - **Server Timezone:** Thailand (UTC+7) ## Next Steps The implementation plan is complete and ready for execution. All 50 tasks have been clearly defined and organized into 11 logical phases. The plan includes: 1. ✅ Detailed strategy documentation 2. ✅ Visual flow diagram 3. ✅ Complete implementation steps 4. ✅ Input parameters table 5. ✅ Testing checklist 6. ✅ Technical specifications **Ready to proceed with implementation in Code mode.**