AN EXPERT ADVISOR FOR MA BOUNCE

MQL4 Experts

Job finished

Execution time 5 days
Feedback from employee
Good communication. Thank you for the job!
Feedback from customer
Extremely patient Fast and courteous Very clean coding skills Professional

Specification

TRADING CRITERIA FOR SELL

1. PRICE MUST BE BELOW THE USER DEFINED MOVING AVERAGE ENVELOPE
2. PRICE MUST RETRACE BACK INTO THE ENVELOPE but must not close outside the envelope to the other side
3. PRICE MUST THE CLOSE BELOW THE ENVELOPE with A BEARISH CANDLE.
4. SELL AT OPEN OF THE NEXT CANDLE
5. ALL THESE RULES SHOULD WORK WITH ONLY THE FIRST BOUNCE PER TREND

MONEY MANAGEMENT

1. RISK SHOULD BE USER DEFINE
2. RISK SHOULD BE CALCULATED BASED ON EQUITY NOT BALANCE

STOPLOSS
UPPER ENVELOPE PLUS xPIPS
STOPLOSS SHOULD BE MOVED TO BREAKEVEN AT A PROFIT OF 1:1

TAKE PROFIT
1. 1:2 OF THE STOPLOSS
2. 1:3 OF THE STOPLOSS
THIS MEANS THAT THE EA WILL OPEN 2 TRADES AT THE SAME TIME AND SET THE STOPLOSS WITH 1:2 AND 1:3 RESPECTIVELY IMAGE

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Project information

Budget
30 - 100 USD
For the developer
27 - 90 USD
Deadline
from 1 to 10 day(s)