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How to Order a Trading Robot in MQL5 and MQL4
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300 - 500 USD
30+ USD
1000 - 2000 USD
70 - 100 USD
60+ USD
Job finished
Execution time 5 days
Feedback from customer
Jamil is professional and prompt in his questions and reply. I will definitely assign more projects exclusively with Jamil.
Feedback from employee
Good customer.... Hope i will get more job from him.. thank you..
Specification
This strategy is fairly simple and is based on a trading with momentum on a pullback. This strategy requires the calculation of other indicators:
1. Modified MACD 3/10 Oscillator by Linda Raschke.
2. Elders Impulse System
3. ATR Band
1. The idea of the trading system is as follows: market entries are performed when there's a new momentum high MACD
reading and wait for a pullback before entry.
2. Momentum is determined by: the 3/10 oscillator hitting it's 20 days average highest or lowest.
3. Trading Signals:
- Buy signal: When Elder impulse system turn green candle on close. Enter immediately on next bar open.
- Sell signal: When Elder impulse system turn red candle on close. Enter immediately on next bar open.
4. Positions are closed using risk to reward profit targets or ATR stop band.
5. Positions are opened at the market price, when a new bar emerges. The Expert Advisor is to be tested using Open prices, so there is no need to add functions for disabling operations inside the bar.
6. Position management
Position size is based on % of account balance and stoploss is based on ATR using the ATR band.
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