EA based on one candlestick pattern with Risk management

MQL5 Experten

Auftrag beendet

Ausführungszeit 18 Tage

Spezifikation

A request for a simple Expert Advisor based on one candlestick pattern.

0. Risk Management

It must have a possibility to choose the risk from 1% to 5% of the account's Equity per trade


1. Enter Long


BUY Configuration


if Low[1]<Low[2] AND Open[1]<Close[1] AND Open[2]>Close[2]


then high[1]=entryBUYlevel AND low[1]=exitBUYlevel


Entry
if exitBUYlevel was untouched by Bid pice AND if Bid>entryBUYlevel Enter Long

*there should be actual crossing of entryBUYlevel. Open price of the candle where the signal appears should be lower than entryBUYlevel and when Bid goes higher than this level the BUY signal is valid. If there is a gap and the candle opens above the entryBUYlevel there is no actual crossing and there shouldn't be any BUY.


** The entryBUYlevel should be valid till either Bid<exitBUYlevel or there is a valid SELL configuration


2. Enter Short


SELL configuration

if High[1]>High[2] AND Open[1]>Close[1] AND Open[2]<Close[2]


then Low[1]=entrySELLlevel AND high[1]=exitSELLlevel


Entry

if exitSELLlevel stays untouched by Bid pice AND if Bid<entrySELLlevel Enter Short

*there should be actual crossing of entrySELLlevel. Open price of the candle where the signal appears should be higher than entrySELLlevel and when Bid goes lower than this level the SELL signal should be valid. If there is a gap and the candle opens below the entrySELLlevel there is no actual crossing and there shouldn't be any SELL.


** The entrySELLlevel should be valid till either Bid>exitSELLlevel or there is a valid BUY configuration


3. Exit Long

    • if Bid<exitLONGlevel;

    • if there is an opposite signal

    • exit on the first, second, third, fourth or fifth PROFITABLE OPEN PRICE (Larry Williams Bailout). Here must a be parameter which allows optimization;

    • Trailing stop

*there should be an option to choose either Trailing stop or PROFITABLE OPEN PRICE to be active


4. Exit Short

    • if Bid>exitSELLlevel;

    • if there is an opposite signal

    • exit on the first, second, third, fourth or fifth PROFITABLE OPEN PRICE (Larry Williams Bailout). Here must a be parameter which allows optimization;

    • Trailing stop

*there should be an option to choose either Trailing stop or PROFITABLE OPEN PRICE to be active

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Veröffentlicht: 4 Beispiele
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Veröffentlicht: 1 Beispiel
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Projektdetails

Budget
10 - 50 USD
Ausführungsfristen
von 1 bis 10 Tag(e)