SMC EA MT4

MQL4 Experts

Specification

I want make my EA which will follow SMC trading strategy, below i will try mention all functions which i need:  

1. Zones : 

a) it should Draw very good Supply & Demand zones, i know how to make it correctly and if it is needed i can show some examples. It can also use any ready to use indicator but as i mentioned it should find good zones because it is the most important. 

b) It should draw zones with TF which we set. 

C) there should be option to choose second TF for Supply & demand zones . It should find for example 30M Supply zone in 4h Supply zone 


  1. Entry confirmations:

Main confirmation: Price came back into unmitigated zone. Additional configurable confirmations: 


A) it should have option to entry when price is leaveing zone (true / false) 


B) it should have option to entry when there is BOS on TF which we set (we choose which TF we want to make BOS)  - true/false


C) entry on candle close from TF of BOS which we set or immiedietly when BOS is happened on this TF 


D) entry based on Engulfing pattern, so after zone is mittigated EA need to find Engulfing pattern to make take order if it is set to true 


E) Put pending order with choosen SL and TP option on bottom/top of zone from smaller TF. It means if there is 30M zone in 4h zone it should place pending order on this smaller zone and put SL for example x pips above main (in this case 4h) zone ( or hard SL with x pips - it depends of SL method which we choose) . In this type of entry it not looks on A,B, C and D confirmations .                                      


There should be option to choose which confirmation we want, for example only A, or A and C or A,B and C .


  1. Money managment options:

A) SL x pips above / under zone

B) Hard SL in pips

C) TP x pips before opoosite unmitigated zone 

D) Hard tp in pips

E) TP based on RR which we can set (for example if we choose option A for SL and SL is 20 pips and we choose RR 1:2 so TP should be 40 pips)

F) lot size based on percent risk which we set (according to SL option) and fixed lot size (i can choose)

G) Trailing stop

H)  BE option

  1. Recovery option

It should have recovery option. 


A) recovery multiplier: x - if we Lost first Trade EA will open next Trade with x multiplied lot size. If we Lost second Trade it will open third Trade with x multiplied lot size from second Trade. For example if we choose fixed lot size method and first Trade will be 1 lot and recovery multiplier 2 , second Trade will be 2 lots and third 4 lots. If we choose % risk method based on SL and first Trade will be 0,5% , second will be 1% and third will be 2% risk.


B) Recovery factor: we can choose how many trades in a row it should multiple trades. If we set 2 it will only multiple first, second and third Trade. After it should come back to beginning. 


5. News filter, day filter and trading hours filter


EA can be applicable for each pair on separate chart. 


I am open for any suggestions.


I can make short video how i want it to work if you need it. 

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Project information

Budget
500 - 700 USD
VAT (23%): 115 - 161 USD
Total: 615 - 861 USD
For the developer
450 - 630 USD
Deadline
to 30 day(s)