Expert advisor using candle distances from SMA

MQL4 Experts

Job finished

Execution time 3 days
Feedback from customer
Very professional. Fast, efficient, and everything works exactly as it should.
Feedback from employee
It was a pleasure working with Ben

Specification

1. The idea of the trading system is as follows: Market entries are performed when a candle closes within a certain distance of the SMA. The aim is to capture small bounces off of the SMA with the TP.

2. Trading signals; Please find attached print screen 

Buy signal: 1) bar opens at least ( variable ) pips above SMA  2) Bar closes within (variable) pips,above SMA 3) Buy Position is opened at the market price, when a new bar emerges.. With (variable) hidden Stop Loss and (variable) hidden Take Profit.

Sell signal: 1) bar opens at least ( variable ) pips below SMA  2) Bar closes within (variable) pips, below SMA 3) Sell Position is opened at the market price, when a new bar emerges.With (variable) hidden Stop Loss and (variable) hidden Take Profit.


buy and sell signals

Additional Features 

1) MAX SPREAD : if the spread is higher than this value no trades will be opened. 

2) OPERATION TIMES: trades will only be opened within these times.

3) AUTO MM: 0.01 position opened for every ( variable ) balance.

4) Hidden STOPLOSS VALUE: ( variable )

5) Hidden Take Profit VALUE: ( variable )

6) Drawing arrows on chart for open and closing trades 

7) Drawing Hidden TP Line on chart ( Green variable )

8) Drawing Hidden SL Line on chart (red( variable )


Only 1 trade allowed open per chart at the same time.

CHART DRAWING... please see attached jpegs.

Arrows to indicate opened and closed positions with dashed lines linking the arrows , ( variable red for sell blue for buy) chart drawing SELL

buy drawing chart









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Project information

Budget
50 - 100 USD
Deadline
to 10 day(s)