Wyckoff Spring EA Development i add script that is half complete

MQL5 Experten Skripte

Spezifikation

Wyckoff Spring EA Development Guide

📋 PROJECT OVERVIEW

EA Concept:

A sophisticated EURUSD trading robot based on Wyckoff Method principles, specifically detecting Spring & Upthrust patterns with advanced risk management and hedging capabilities.


🎯 CORE TRADING RULES

1. PATTERN DETECTION SYSTEM

Spring Pattern (Long Entry):

text

CONDITIONS: 1. Identify Support Level (recent swing low) 2. Price breaks BELOW support by 8 pips 3. Quick recovery ABOVE support in same H4 bar 4. Volume spike on break + recovery 5. Close above previous close

Upthrust Pattern (Short Entry):

text
CONDITIONS:
1. Identify Resistance Level (recent swing high)  
2. Price breaks ABOVE resistance by 8 pips
3. Quick rejection BELOW resistance in same H4 bar
4. Volume spike on break + rejection
5. Close below previous close

2. MARKET CONTEXT FILTERS

Accumulation Phase Detection:

mql5

bool isAccumulationPhase() { // Check last 34 H4 bars - Price range < 1.2 * ATR(14) // Sideways action - Current volume > 1.5 * average volume // Volume spike - Was previous downtrend (close[10] < close[30]) }

Trend Filter (EURUSD Optimized):

mql5
bool isTrendFilterOK(direction)
{
   // Use H4 timeframe for responsiveness
   - EMA(34) and EMA(8) for trend direction
   - ADX(14) > 22 for trend strength  
   - +DI/-DI for momentum confirmation
   
   // EURUSD specific: Allow counter-trend in weak trends
   if(!strongTrend) return true; // Sideways OK for both
}

⚙️ TECHNICAL IMPLEMENTATION

1. INITIALIZATION SETUP

mql5

int OnInit() { // Trade setup trade.SetExpertMagicNumber(MagicNumber); trade.SetDeviationInPoints(15); trade.SetTypeFilling(ORDER_FILLING_FOK); // EURUSD pip calculation PipSize = (digits == 3 || digits == 5) ? _Point * 10 : _Point; }

2. MAIN EXECUTION FLOW

mql5
void OnTick()
{
   // Only process on new H4 bar
   if(currentBar == lastBar) return;
   
   // Update indicators
   UpdateATR();
   UpdateDailyReset();
   
   // Manage existing positions
   manageOpenPositions();
   
   // Check new entries
   if(shouldEnterTrade(LONG)) enterLongTrade();
   if(shouldEnterTrade(SHORT)) enterShortTrade();
}

3. ENTRY DECISION TREE

mql5

bool shouldEnterTrade(direction) { // Risk Management if(!riskManagementOK()) return false; // Market Conditions if(!eurusdMarketConditionsOK()) return false; // News Filter if(isEURUSDNewsTime()) return false; // Trade Limits if(!checkTradeLimits()) return false; // Trend Filter if(!isTrendFilterOK(direction)) return false; // Hedging Check if(!EnableHedging && hasOppositePosition(direction)) { if(CloseOppositeOnSignal) closeOppositePositions(direction); else return false; } // Pattern Detection if(direction == LONG) return detectSpringPattern(true) && bullishConfirmation(); else return detectSpringPattern(false) && bearishConfirmation(); }


📊 INDICATOR CONFIGURATION

Required Indicators:

mql5
// Trend & Momentum
- iMA(PERIOD_H4, 34, 0, MODE_EMA, PRICE_CLOSE)      // Main trend
- iMA(PERIOD_H4, 8, 0, MODE_EMA, PRICE_CLOSE)       // Fast trend
- iADX(PERIOD_H4, 14, PRICE_CLOSE, MODE_MAIN)       // Trend strength
- iADX(PERIOD_H4, 14, PRICE_CLOSE, MODE_PLUSDI)     // Bull momentum  
- iADX(PERIOD_H4, 14, PRICE_CLOSE, MODE_MINUSDI)    // Bear momentum

// Oscillators
- iRSI(PERIOD_H4, 11, PRICE_CLOSE)                  // Faster RSI for EURUSD
- iStochastic(PERIOD_H4, 11, 3, 3, MODE_SMA, STO_LOWHIGH)
- iWPR(PERIOD_H4, 14)                               // Williams %R

// Volatility & Volume
- iATR(PERIOD_D1, 14)                               // Daily volatility
- CopyTickVolume()                                  // Volume analysis

🎯 PATTERN DETECTION ALGORITHMS

Support/Resistance Detection:

mql5

double findSupportLevel() { // Scan last 21 H4 bars for swing lows for(int i = 3; i <= 15; i++) { if(low[i] < low[i-1] && low[i] < low[i-2] && low[i] < low[i+1] && low[i] < low[i+2] && close[i] > low[i] + 5*PipSize) // Confirmation return low[i]; } return 0; }

Spring Pattern Logic:

mql5
bool detectSpringPattern(bool forLongTrade)
{
   level = forLongTrade ? findSupport() : findResistance();
   
   // Break level condition
   if(forLongTrade)
      breakLevel = low[1] < level - 8*PipSize;
   else
      breakLevel = high[1] > level + 8*PipSize;
   
   // Quick recovery condition  
   if(forLongTrade)
      quickRecovery = close[0] > level && close[0] > close[1];
   else
      quickRecovery = close[0] < level && close[0] < close[1];
   
   // Volume confirmation
   volumeOK = volume[1] > volume[2] * 1.2 && volume[0] > volume[2] * 0.8;
   
   return (breakLevel && quickRecovery && volumeOK);
}

💰 RISK MANAGEMENT SYSTEM

Position Sizing:

mql5

double calculateLotSize() { riskMoney = AccountBalance() * RiskPercent / 100; // EURUSD specific pip value (~$8.5 per lot) pipValue = 8.5; lot = riskMoney / (StopLossPips * pipValue); // Normalize to broker requirements lot = MathFloor(lot / lotStep) * lotStep; return MathMax(lot, minLot); }

Trade Management:

mql5
void manageOpenPositions()
{
   for(each position)
   {
      // Breakeven Logic
      if(profitPips >= BreakEvenTriggerPips && SL not set)
         move SL to open + BreakEvenPlusPips;
      
      // Trailing Stop
      if(profitPips >= TrailStartPips)
         move SL to currentPrice - TrailStopPips (for longs);
      
      // Time-based Exit
      if(positionAge > MaxHoldDays)
         close position;
   }
}

🛡️ SAFETY MECHANISMS

News Filter Implementation:

mql5

bool isEURUSDNewsTime() { // Major EURUSD Events - ECB Thursdays (11:00-13:00 GMT) - Fed Wed/Thu (18:00-20:00 GMT) - NFP Fridays (12:00-14:00 GMT) - CPI Days (12:00-14:00 GMT) return isAnyOfTheseEventsActive(); }

Market Condition Checks:

mql5
bool eurusdMarketConditionsOK()
{
   // Spread check
   if(spread > 0.0002) return false;
   
   // Volatility check  
   if(dailyATR < 0.0004) return false;
   
   // Volume check
   if(currentVolume < 100) return false;
   
   return true;
}

📈 PERFORMANCE OPTIMIZATION TIPS

EURUSD-Specific Tweaks:

  1. Use H4 timeframe - Perfect balance between noise and signal quality

  2. 34 EMA - EURUSD respects this level exceptionally well

  3. 8-pip spring depth - Optimized for EURUSD typical noise

  4. Faster RSI (11) - More responsive to EURUSD momentum shifts

Execution Optimizations:

  1. Process only on new H4 bars - Reduces CPU usage

  2. Pre-calculate indicators - Store in arrays for faster access

  3. Batch position management - Process all positions in single loop


🐛 DEBUGGING & MONITORING

Essential Debug Outputs:

mql5

void enterLongTrade() { Print("EURUSD LONG: ", ask, " | SL:", sl, " | TP:", tp, " | Lots:", lots); // Log pattern details for analysis Print("Spring detected at support: ", supportLevel); Print("Volume spike: ", volume[0], " vs ", volume[1]); }

Key Metrics to Monitor:

  • Pattern detection accuracy

  • News filter effectiveness

  • Trend filter performance

  • Risk management triggers

  • Trade duration statistics


🚀 DEPLOYMENT CHECKLIST

Pre-Live Testing:

  • 2-3 month demo testing

  • Forward test on multiple brokers

  • Verify news filter during major events

  • Test hedging functionality

  • Confirm risk limits work correctly


Dateien:

MQ5
j13215nj.mq5
19.8 Kb

Bewerbungen

1
Entwickler 1
Bewertung
(7)
Projekte
9
0%
Schlichtung
2
0% / 100%
Frist nicht eingehalten
0
Frei
Veröffentlicht: 1 Artikel
2
Entwickler 2
Bewertung
Projekte
0
0%
Schlichtung
0
Frist nicht eingehalten
0
Frei
3
Entwickler 3
Bewertung
Projekte
0
0%
Schlichtung
0
Frist nicht eingehalten
0
Frei
Ähnliche Aufträge
Gold1 30+ USD
//+------------------------------------------------------------------+ //| EA: Execution & Risk Manager v1 (MT4 / MQL4) | //| - Time window (Greece time via offset) | //| - Max trades/day, max loss trades/day | //| - Optional: one trade at a time | //| - Auto SL/TP (RR), break-even, trailing
I am looking to hire an experienced MQL5 developer to build a new MT5 Expert Advisor from scratch. I am currently working on strategy research and backtesting and now need a professional developer to convert my trading logic into a stable and well-structured EA. The EA must be suitable for long-term backtesting and live trading, with proper risk management and adjustable input parameters. Full strategy details and
i have an exper advisor in ex4 ...want to convert it to mq4 or mq5 file this is ea was created thru a programmer and received only ex4 file....that time i was new so did not know about mq4 file. of if anyone can help me to replicate this ea to mq4 or mq5
//+------------------------------------------------------------------+ //| Vinh_TradeCode.mq5 | //| BTC Double Bottom / Double Top EA (MT5 - MQL5) | //+------------------------------------------------------------------+ #property strict #property version "1.01" #include <Trade/Trade.mqh> CTrade trade; //==================== INPUT ==================== input long MagicNumber =
I need to create an MT5 expert advisor that enters and exits based on my custom Fibonacci levels connecting with the proper highs and lows. all details provided in the text document fyi
hello great developer I need help developing an ICT 2022 model indicator and testing it thoroughly to ensure optimal performance and accuracy. Scope of work - Create an ICT 2022 model indicator with specified features. - Conduct repeated tests and strategy tests to refine the indicator. - Implement midnight to 9:30 box high and low range settings. - Include signal settings for major liquidity and structure break with
Floating bot 30+ USD
I need someone to build an easy bot for me. Whenever the candle closes outside a particular horizonal line I will put on my mt5 chart then immediately after the candle close there will be an instant execution trade after the close of the candle and the sl will be at the current last low or high below or above for buy or sell. I will have a place where I will input the amount to be risked by one pair. For instance in
Buscamos un desarrollador experto en MQL5 (MetaTrader 5) para crear un Expert Advisor (EA) profesional , completamente autónomo, seguro y escalable, con entradas y salidas automáticas , backtesting integrado y panel de control paramétrico . El EA será de propiedad intelectual exclusiva del cliente y deberá diseñarse desde el inicio para ampliaciones futuras (nuevas estrategias, multi-par, integración con Python /
Core Requirements: Two selectable timeframes - dropdown inputs to choose from M1, M5, M15, H1, H4, D1, W1, MN1 Timeframe 1 = Chart's own timeframe (if chart is M5, TF1 should be M5) Timeframe 2 = Higher timeframe for confluence All Ichimoku components displayed for both timeframes: Tenkan-sen Kijun-sen Senkou Span A Senkou Span B Chikou Span Cloud (bullish and bearish) Technical Settings: All buffers accessible for
I need experience developer on mt5, simple strategy and basic inputs on take profit, stoploss closing candle, and average profit, average loss and lot increment and some inputs come to private I will be explain all

Projektdetails

Budget
31+ USD
Ausführungsfristen
von 1 bis 25 Tag(e)