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How to Order a Trading Robot in MQL5 and MQL4
See a sample Requirements Specification to order a robot
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30+ USD
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600 - 1000 USD
30 - 3000 USD
Job finished
Execution time 82 days
Feedback from customer
This guy is great. Knows his stuff and very easy to work with. Great communication.
Feedback from employee
Top Client, Clear spec with a keen understanding. Thank You
Specification
Phase 1
EA uses 6 indicators:
-MA of RSX (Low Time Frame* -
Direction and Trigger ).
-RSIoMA (Mid Time Frame*
- Direction and Trigger ).
-Shochastic (High Time Frame* -
Chooses indicator to TP).
-ATR (Stop-Loss).
-ZigZagFA (Stop-Loss).
-Kama/MA (Stop-Loss) - I use the Kama MA, but in
Phase 2, a Regular MA may work better. So programming both in now will make it easier to test.
- EA uses 3 time frames at a time. LowerTF (MA of RSX). MidTF (RSIoMA) and HighTF (Stochastic) (i.e. - H1, H4, D1 ).
- All Actions/Triggers happen at the open of candle 1 of each indicators time frame.
- EA will run on multiple charts/pairs at a time so having an option to only have a certain amount of open trades at a time(6.2).
- Only one trade opened at a time per chart.
1. Direction of Trade:
a) Both MA of RSX and RSIoMA in the same direction:
b) MA of RSX (Close of current candle on Lower Time Frame)
1. - Value3/Buffer2 (Yellow Line) - Candle 2 < Candle 1.
or
2. - Value3/Buffer2 (Yellow Line) > Value4/Buffer3 (Red Line)
(Green Histo) = Long.
-----------------------------------------------------------------------------------------
3. - Value3/Buffer2 (Yellow Line) - Candle 2 > Candle 1 .
or
4. - Value4/Buffer3 (Red Line) > Value3/Buffer2 (Yellow Line)
(Red Histo) = Short.
c) RSIoMA (Close of Current Candle on Mid Time Frame)
1. - Value4/Buffer3 (White Line) Candle 2 < Candle 1 = Long.
2. - Value4/Buffer3 (White Line) Candle 2 > Candle 1 = Short
2. Trigger for Trade:
Long: (a or b)
a) Prerequisite: RSIoMA - Value4/Buffer3 (White Line) Candle 1 > Candle 2 - RISING
MA of RSX-
1. Value3/Buffer2 (Yellow Line) turning from Down to Up, With Indicator Value3/Buffer2
below [50] (adjustable separately for long and shorts, see input 7.6)
2. OR Value3/Buffer2 (Yellow Line) cross above Value4/Buffer3 (red Line) (Histo turn from
Red To Green).
b) Prerequisite: MA of RSX - Value3/Buffer2 (Yellow Line) is already above Value4/Buffer3 (Red Line) (Histo is already
Green)
RSIoMA - Value4/Buffer3 (White Line) Candle 3 > Candle 2 < Candle 1 White Line turns from
going Down to Up.
Short: (c or d)
c) Prerequisite: RSIoMA Value4/Buffer3 (White Line) Candle 1 < Candle 2 -LOWERING
MA of RSX-
1. Value3/Buffer2 (Yellow Line) turning from Up to Down, With Indicator
Value3/Buffer2 above [50] (adjustable separately for long and shorts, (see input 7.7)
2. OR Value3/Buffer2 (Yellow Line) cross below Value4/Buffer3 (Red Line)(Histo turn from
Green To Red)
d) Prerequisite: MA of RSX - Value3/Buffer2 (Yellow Line) is already below Value4/Buffer3 (Red Line) (Histo is Red)
RSIoMA - Value4/Buffer3 (White Line) Candle 3 < Candle 2 > Candle 1 White Line turns from
going Up to Down.
e) * All triggers happen at the end of current candle of the stated indicator.
3. Trade Management
a) Note: All Long trades use Bid price to trigger StopLoss
All Short trades use Ask price to trigger StopLoss
Initial StopLoss
b) ATR (See Input 10,23)
c) Trendline (See Input 10.26)
Move to Breakeven
d) Breakeven (See Input 11,30)
Activate MA for StopLoss
e) Use price closes above/below MA to close trade (See Input 11,31)
StopLoss
f) [#] in pips. (Hard/Visible)
4. Take Profit
Take Profit [#] in pips. (Hard/Visible)
Stochastic
a) Long 1. - Value1/Buffer0 (Blue Line) above Value2/Buffer1 (Red
Dot Line) - Use RSIoMA - White Line turns from going Up to Down.
2. - Value1/Buffer0 (Blue Line) below Value2/Buffer1 (Red Dot Line) - Use MA of RSX Histo
change from Green to Red.
b) Short 1. - Value1/Buffer0 (Blue Line) below Value2/Buffer1 (Red Dot Line) - Use RSIoMA -
White Line turns from going Down to Up
2. - Value1/Buffer0 (Blue Line) above Value2/Buffer1 (Red Dot Line) - Use MA of RSX Histo
change from Red to Green.
C) * Can change back and forth during trade per Stochastic.
5. No New Trade
a) No new long trade if RSIoMA Value4/Buffer3 (White Line) is above [75] (See Input 7,13)
b) No new Short trade if RSIoMA Value4/Buffer3 (White Line) is below [25] (See Input 7,14)
c) No Trade if StopLoss is to big (See Input 8.22)
EA Inputs: ------- (they do not have to be in this order)---------------
6. EA Settings:
1. Magic Number.
2. Open Trades [#] - How many trades can be open at a time.
7. Indicator settings:
MA of RSX
TimeFrame
3. RSX Length
4. RSX Signal MA Period
5. Signal Moving Average Method
6. Long Trade > Value3/Buffer2 Value) [#] - MA of RSX Trigger (2.a)
7. Short Trade < Value3/Buffer2 Value) [#] - MA of RSX Trigger (2.c)
RSIoMA-nrp-mtf+alert nmc
8. TimeFrame
9. RsiOma-Period
10. RsiOma-Mode
11. MaPeriod
12. MAType
13. LevelOb - No long trades above level - (5,a)
14. LevelOs - No short trades below level - (5,b)
Stochastic-mtf
15. TimeFrame
16. KPeriod
17. DPeriod
18. Slowing
19. MAMethod
8. Trade Size
Lot Size
20. - Lot [#]
or
21. - % of account size [#] i.e. 3%. (Based off of the Soft/invisible Stoploss (ATR or ZigZag) (9.24,27)
22. Max Trade Size (#) in pips (if exceded = No Trade)
9. Initial Trade StopLoss
23. Hard StopLoss [#] (in Pips) (Hard/Visible)
24. ATR StopLoss -[On/Off] - To use ATR for SL at the time that the trade is taken (Soft/Invisible, but draw purple line on chart if used at time
of trade, to be deleted after close of trade) - (3,b)
25. ATR X - [#] - If ATR is value is 24, using [1.5] would mean 24x 1.5=36 so subtracting 36 pips from
price for long trades, and adding 36 pips to price for Short traders to use as StopLoss.
ATR
26. -Period
27. ZigZag StopLoss -[On/Off] - Uses indicator ZigZagFA made trendlines (Named: "ZZLine1" for Long trade, and "ZZLine2" for Short trade)
at the time that the trade is taken. (Soft/Invisible, but draw purple line on chart if used at time of trade, to be deleted after close of
trade) - (3,c)
28. ZigZag + -[#] add pips above (short)/below (long) the ZigZagFA trendlines.
ZigZagFA
29. -ExtDepth
30. -ExtDeviation
31. -ExtBackstep
* If both ATR StopLoss and ZigZag StopLoss are both On, EA uses Whichever is bigger - uses the bigger StopLoss, ATR or ZigZag, includes the
added pips from ZigZag + input)
10. Close Trade settings:
32. Move to Breakeven [#] after "x" amount of pips of profit has been reached. - (3,d)
33. MA as StopLoss -[#] Turns on after "x" amount of pips of profit (close trade at candle close below MA for Long trade, Above MA for Short
trade.
[Standard MA with Kama as option]. Once On, it remains on for the rest of that trade. - (3,e)
Kama
34. -PeriodAMA
35. -Price Type
36. -nfast
37. -nslow
MA
38. -Period
39. -MA method
-----------------------------------------------------------------------------------------------------------------
11. Objects of Chart
a) Soft StopLoss - Follows trade from original ATR/ZigZag then Moves to Breakeven, then deleted after trade is closed. (Thin Purple Line)
b) Draws Arrow in the direction of the direction change of MA of RSX - Value3/Buffer2, at the close of candle of the mid timeframe (Yellow
medium size Arrow)
Responded
1
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478
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Loaded
Published: 2 codes
2
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129
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11
27%
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55%
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4
3%
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3
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167
35%
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11
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0%
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4
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199
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20
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55%
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10
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5
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34
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7
14%
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43%
Overdue
7
21%
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6
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0
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0
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7
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114
26%
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29%
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57%
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5
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