FreelanceSections

An Expert Advisor based on Exponencial Moving Average

MQL4 Experts Trading robot/indicator debugging Forex

Job finished

Execution time 23 hours

Specification

I need an expert advisor based on exponential cross-matching of moving averages. 


Requirements:


1º Verify the crossing of averages 
2º If the crossing of averages happens, it enters a second "if", which is the event of a pattern(1) in the candlesticks. 
3º If the cross of averages is active AND the pattern(1) in the candlesticks occurs, it sends the buy or sell order. 
4 The calculation of Stop Loss and Take Profit are variable and are measured according to the pattern that occurs in candlesticks. 
5) Lot calculation is variable. Following the martingale pattern. 
6) The user will be able to choose in the dialog box the multiplicative value and the dollar value he accepts to lose. As well as the maximum value of consecutive losses


EX:  Trade 1:

I can lose $2 (initial value chosen in the dialog) - The program calculates the value of the nearest lot to lose a maximum of $2, with the value of StopLoss calculated.


If you lose (Stop loss reached):

The new maximum amount you can lose is $4 (if the multiplier is 2).

If you lose (Stop Loss reached):

The new maximum value that can be lost is 8 dollars (If the multiplicative factor is 2).

; And so on.... Respecting the maximum number of consecutive losses chosen in the dialog box.

If you win (take profit hit):

The count of consecutive losses restarts from zero. 


(1) - Pattern - The pattern will be detailed to the programmer. 

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Published: 1 code
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Project information

Budget
30 - 40 USD
Deadline
to 10 day(s)