Simple EA based on Zig Zag and candle Close

MQL4 Experten

Auftrag beendet

Ausführungszeit 10 Tage
Bewertung des Entwicklers
excellent customers and supportive
Bewertung des Kunden
Best Developer...I am preparing my next job for him..

Spezifikation

Support and Resistance Line.

Zig zag parameter is used (default 2,1,1), last low (V shape) is considered as support and last high (Inverted V shape) is considered as Resistance.

Support example :

https://www.mql5.com/en/charts/8879543/eurusd-h4-quantix-financial-services-support-line

https://www.mql5.com/en/charts/8879546/gbpusd-d1-quantix-financial-services

 

Resistance Example:

https://www.mql5.com/en/charts/8879551/eurusd-h4-quantix-financial-services

https://www.mql5.com/en/charts/8879553/gbpusd-d1-quantix-financial-services

 

Price action Candle.

When a candle is closed above <previous price action candle numbers > previous candles high then it is called buy Price action candle.

When a candle is closed blow previous <previous price action candle numbers>candles low then it is called SELL price action candle.

<previous price action candle numbers> is user input

Example

previous price action candle numbers =3

When a candle is closed above 3 previous candles high then it is called buy Price action candle.

https://www.mql5.com/en/charts/8879574/gbpusd-d1-quantix-financial-services

When a candle is closed blow 3 previous candles low then it is called SELL price action candle.

https://www.mql5.com/en/charts/8879564/audhuf-h1-quantix-financial-services

 

Custom ATR: Code will be given

Risk : Number of Pips between trade open to first stop loss will be risk of trade.

 

 

Buy Rule:

When a candle above closed Customer ATR Line.

When a candle closed above Resistance Line.

When a candle is Price action candle.

SELL Rule:

When a candle above closed Customer ATR Line.

When a candle closed above Resistance Line.

When a candle is Price action candle.

 

 

Stop Loss Line:

Buy: If candle is price action candle, Lowest of last two closed candles low.

https://www.mql5.com/en/charts/8879584/gbpusd-d1-quantix-financial-services

 

Sell: If candle is price action candle, highest of last two closed candles low.

https://www.mql5.com/en/charts/8879585/audchf-h1-quantix-financial-services

 

·         As every price action candle formation, it has to redraw. Mark the line with Red Dotted line

 

Trade Closure.

Buy: When a candle is closed below ATR Line

Sell: When a candle is closed above ATR Line.

Take profit/Target:

Input: Target

Buy: (Risk * Target) + Trade open price

Sell: Trade open Price – (Risk * Target)

When trade hits this price , Close trade.

 

Legend:

ATR: Buy /Sell

Resistance : Below/Above current price

Support : Below/Above current price

Price action candle: Buy/Sell

Risk :


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Projektdetails

Budget
70 - 100 USD
Ausführungsfristen
von 1 bis 10 Tag(e)