Need a simple EA for MT4

2019.08.16 Experts

Specification

Hey guys!

- the user should be able to put in the EA:
* horizontal upper and lower price levels (manipulation points)
* max stop loss, take profit and lot size (money management % of account)
* trading times

- Once the manipulation point is broken by 3 pips the EA should perform the  confirmation entry which explains these video and text below:
Inserted Video



Confirmation Entry

http://i.imgur.com/lUkgLhm.png

Rule #1 – Stop Run Candle

- break the Manipulation Point by at least 3 Pips
Rule #2 – Confirmation Candle – this Candle needs to meet 2 Specific Criteria

1.) Sell – Needs to Close Below the Previous Candles Body
2.) Sell – Needs to Close in its Lower 1/3 third

1.) Buy – Needs to Close Above the Previous Candles Body
2.) Buy – Needs to Close in its Upper 1/3 third

Rule #3 – Pull Back Candle – look for Candle to Pull Back to Entry Point

if price is closer then max SL position is open after confirmation candle
if price distance is more then max SL position is open after price pull back to max SL.

Notes:

- We have a Total of 5 Candles to get a Pull Back & Entry
- Single Stop Run Confirmation Candle will happen when Candle meets Rules #1 & #2
- Reset of S.R. Candle on Short Setup – Higher Candle Body Low becomes New S.R. Candle
- Reset of S.R. Candle on Long Setup – Lower Candle Body High becomes New S.R. Candle
- Once you have a Confirmation Candle the count can’t reset

Thanks!
 
 

Responded

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Project information

Budget
50 - 200 USD
Deadlines
to 15 day(s)