Make EA based on EMA, RSI for MT5

Auftrag beendet

Ausführungszeit 19 Stunden

Spezifikation

### Explanation for Developing the Multi-Timeframe EA

**Objective:**
Create an Expert Advisor (EA) for MetaTrader 5 (MT5) that replicates the functionality of the Ultimate RSI indicator from TradingView. The EA will open and manage trades based on the crossover signals of the RSI and EMA within the same window, incorporating multi-timeframe analysis.

**Specifications:**
1. **Indicators Used:**
   - Relative Strength Index (RSI)
   - Exponential Moving Average (EMA)

2. **Trading Logic:**
   - Open a buy position when the RSI crosses the EMA from below.
   - Open a sell position when the RSI crosses the EMA from above.
   - Always have one trade open:
     - Close the current trade when an opposite signal is generated and open a new trade in the opposite direction.

3. **Multi-Timeframe Analysis:**
   - Use higher timeframe data for confirming signals.
   - For example, check RSI and EMA crossovers on the H1 timeframe for signals, but execute trades on the M15 timeframe.

4. **No Take Profit (TP) or Stop Loss (SL):**
   - The EA will not use traditional TP or SL levels. Instead, it will close and reverse positions based on the crossover signals.

### Step-by-Step Development Plan

1. **Initialization:**
   - Initialize the RSI and EMA indicators with the desired periods and timeframes.

2. **Indicator Calculation:**
   - In the `OnCalculate` function, calculate the RSI and EMA values for the current and higher timeframes.

3. **Crossover Detection:**
   - Identify when RSI crosses above or below the EMA on the higher timeframe.
   - Use these signals to make trading decisions on the current timeframe.

4. **Trade Execution:**
   - Implement logic to open, close, and reverse trades based on the detected signals.
   - Ensure only one trade is open at any time.

### Detailed Implementation Steps

1. **Indicator Initialization:**
   - Define the periods for RSI and EMA.
   - Define the timeframes for analysis (e.g., H1 for signals, M15 for execution).
   - Initialize buffers to store RSI and EMA values for both timeframes.

2. **Calculate Indicators:**
   - In the `OnCalculate` function, calculate the RSI and EMA for the higher timeframe.
   - Store these values in the respective buffers.

3. **Check for Crossover:**
   - Compare the RSI and EMA values for the current and previous bars on the higher timeframe to detect a crossover.

4. **Trade Logic:**
   - On a bullish crossover (RSI crossing above EMA):
     - Close any open sell position.
     - Open a buy position.
   - On a bearish crossover (RSI crossing below EMA):
     - Close any open buy position.
     - Open a sell position.

5. **Order Management:**
   - Ensure that only one trade is open at any time.
   - Handle errors and edge cases (e.g., if no trade is currently open).

### Pseudocode Outline


#include <Trade\Trade.mqh>


input double LotSize = 0.1;

input int RSIPeriod = 14;

input int EMAPeriod = 14;

input ENUM_TIMEFRAMES TimeFrame = PERIOD_M1;


CTrade trade;


//+------------------------------------------------------------------+

//| Expert initialization function                                   |

//+------------------------------------------------------------------+

int OnInit()

  {

   return(INIT_SUCCEEDED);

  }

//+------------------------------------------------------------------+

//| Expert deinitialization function                                 |

//+------------------------------------------------------------------+

void OnDeinit(const int reason)

  {

  }

//+------------------------------------------------------------------+

//| Expert tick function                                             |

//+------------------------------------------------------------------+

void OnTick()

  {

   static double previous_rsi = 0;

   static double previous_ema = 0;


   // Create handles for RSI and EMA

   int handle_rsi = iRSI(_Symbol, TimeFrame, RSIPeriod, PRICE_CLOSE);

   int handle_ema = iMA(_Symbol, TimeFrame, EMAPeriod, 0, MODE_EMA, PRICE_CLOSE);


   // Declare arrays to store indicator values

   double rsi[2];

   double ema[2];


   // Check if handles are valid

   if (handle_rsi < 0 || handle_ema < 0)

   {

      Print("Error creating indicator handles");

      return;

   }


   // Copy indicator values into arrays

   if (CopyBuffer(handle_rsi, 0, 0, 2, rsi) < 0 || CopyBuffer(handle_ema, 0, 0, 2, ema) < 0)

   {

      Print("Error copying indicator values");

      return;

   }


   // Log current RSI and EMA values for debugging

   double current_rsi = rsi[0];

   double current_ema = ema[0];

   Print("Current RSI: ", current_rsi);

   Print("Current EMA: ", current_ema);


   // Ensure previous values are set to current if they are not yet initialized

   if (previous_rsi == 0 && previous_ema == 0)

   {

      previous_rsi = current_rsi;

      previous_ema = current_ema;

      return;

   }


   // Check if there's an open position

   bool isPositionOpen = PositionSelect(_Symbol);


   // Entry criteria

   if (previous_rsi != 0 && previous_ema != 0)

   {

      // Close existing position and open the opposite trade

      if (previous_rsi > previous_ema && current_rsi < current_ema)

      {

         // Sell signal

         if (isPositionOpen && PositionGetInteger(POSITION_TYPE) == POSITION_TYPE_BUY)

         {

            trade.PositionClose(_Symbol);

         }

         trade.Sell(LotSize, _Symbol, 0, 0, 0, "Sell on RSI cross below EMA");

         Print("Sell on RSI cross below EMA");

      }

      else if (previous_rsi < previous_ema && current_rsi > current_ema)

      {

         // Buy signal

         if (isPositionOpen && PositionGetInteger(POSITION_TYPE) == POSITION_TYPE_SELL)

         {

            trade.PositionClose(_Symbol);

         }

         trade.Buy(LotSize, _Symbol, 0, 0, 0, "Buy on RSI cross above EMA");

         Print("Buy on RSI cross above EMA");

      }

   }


   // Update previous RSI and EMA values

   previous_rsi = current_rsi;

   previous_ema = current_ema;

  }

//+------------------------------------------------------------------+



Bewerbungen

1
Entwickler 1
Bewertung
(60)
Projekte
87
29%
Schlichtung
24
13% / 58%
Frist nicht eingehalten
7
8%
Beschäftigt
2
Entwickler 2
Bewertung
(432)
Projekte
632
53%
Schlichtung
32
53% / 22%
Frist nicht eingehalten
6
1%
Beschäftigt
3
Entwickler 3
Bewertung
(52)
Projekte
66
41%
Schlichtung
1
0% / 100%
Frist nicht eingehalten
7
11%
Frei
4
Entwickler 4
Bewertung
(16)
Projekte
35
23%
Schlichtung
4
0% / 50%
Frist nicht eingehalten
2
6%
Arbeitet
5
Entwickler 5
Bewertung
(2)
Projekte
5
0%
Schlichtung
3
0% / 100%
Frist nicht eingehalten
1
20%
Arbeitet
6
Entwickler 6
Bewertung
(45)
Projekte
91
13%
Schlichtung
34
26% / 59%
Frist nicht eingehalten
37
41%
Frei
Ähnliche Aufträge
I am looking for an experienced developer to create a custom Expert Advisor (EA) for trading. The developer should have strong knowledge of MT4/MT5, strategy logic, indicators, risk management, and backtesting. Experience in building reliable and professional trading robots is preferred. Please contact me if you have done similar projects before. 9817724000
5.20buy-20.5sell 50 - 1000 USD
⸻ 🧠 Professional AI Prompt (Clear English Version) Act as a professional algorithmic trading engineer with deep expertise in developing automated trading systems for TradingView and MetaTrader. You have strong knowledge of market behavior, trend analysis, and risk management. Your task is to design a fully automated trading strategy based on the following requirements: ⸻ 🎯 Entry Conditions: • Open a BUY trade
I need a skilled MQL5 developer to build a fully functional Expert Advisor (EA) for MetaTrader 5 based on a simple but strict trading strategy. The EA will use EMA 50/200 trend detection combined with breakout and retest logic for entries. It must operate only during London and New York sessions and include solid risk management (fixed % risk, SL/TP, trade limits, and basic protection rules). APPLY ONLY IF YOU HAVE
VWAP BB Sniper EA Quantum VWAP Scalper SmartFlow FX Bot Institutional Edge EA 🧠 PRODUCT OVERVIEW VWAP + Bollinger Bands Auto Trading System A high-precision forex scalping bot designed to capture institutional price movements using: VWAP (fair value tracking) Bollinger Bands (volatility & entry timing) 👉 Built for fast, consistent intraday profits
Hello traders, I have Quantum queen v3.52, which is the latest version, available for $500 only. The price on the platform is around $1800, but I am offering it for a much lower price for serious buyers. Details: Product: Quantum queen Version: v3.52 Price: $500 Condition: Serious buyers only
EA for prop firms 30 - 500 USD
Hi, I am looking to purchase a MT5 EA that can show consistent profitability 5% each month with drawdown less than 9%. I am not ready to build a new one from scratch as i do not have the strategy in mind yet so i do not want to take the risk of building one but not sure if it works. Only apply if you have an existing proven and tested EA that can sell to me together with the source code. The Ea is for prop firm even
Early Killer EA 30+ USD
It must have automated stop loss. Something that can end poverty and kill the market early.It must take the trades for me whenever I start it it must work on tradeport ea
I WANT TO CONVERT MY INDICATOR TO ROBOT, BUT I DONT HAVE THE SOURCE CODE , THE PROGRAMMER WILL DEVELOP THE SOURCE CODE FOR THE JOB. THE STRAGY IS SIMPLE , THE ROBOT WILL EXECUTE A TRADE WHEN THE SIGNAL FROM THE INDICATOR APPEARS. BUY SIGNAL IS WHEN THE ARROW APPEAS ON THE LOWER ZONE ( SUPPORT ZONE) SELL SIGNAL WHEN THE ARROW APPEARS ON THE UPPER ZONE ( RESISTANCE ZONE).THE ROBOT WILL HAVE THE FOLLWING FEATURES (1)
CONVERT MQL4 ROBOT TO MQL5 Solana I have robot SOLANA i want to change my robot for MQL4 ROBOT TO MQL5 AND also change the name of the robot..i need it with the source code
requirements 1. A expert which can make a bridge between trading view and MT4 /MT5 My strategy which i work upon in trading view, that autobot system should buy, sell and take profit in MT4/MT5

Projektdetails

Budget
40+ USD
Ausführungsfristen
von 1 bis 4 Tag(e)