FreelanceSections

Channel Trading EA

MQL4 Experts

Job finished

Execution time 24 days

Specification

I need an EA that trades a simple channel.

  1. I want the EA to draw lines on the graph for the highest high, and lowest low for every 14th bars.
  2. If the current bar goes higher than the highest high and difference between high and low is greater than 20, I want to open up a pending stop sell order for when the bar comes back down.
  3. If the current bar goes higher than the highest high and difference between high and low is less than 20, I want to open up buy  order
  4. If the current bar goes lower than the lowest low and difference between high and low is greater than 20, I want to open up a pending stop buy order for when the bar comes back down.
  5. If the current bar goes lower than the lowest low and difference between high and low is less than 20, I want to open up a sell order.
  6. 10 pips take profit, 20 pips stop loss.
  7. Trailing take profit/stop loss, that moves every 10 pips. 
  8. Keep moving the highest high and lowest low, AFTER every 14th bar. (not the current bar)
  9. If pending stop buy or stop sell, and highest high and lowest low changes, remove pending order, respectively.


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