Trend Following Ea scalper

MQL4 Experts C++ Forex

Job finished

Execution time 1 day
Feedback from employee
Very Good Customer, Nice to talk with him, Highly Recommended Cause he know what developer want... thanks again, A+++ Grade! Hope! Looking For New Job.. Thanks

Specification

 PTT EA

─Trend following EA

  1. 800 EMA

  2. 13 EMA

  3. Level 3 indicator

Sell Rule

M5 time frame for SELL SIGNAL

EA will always look to apply rule from 1 period separator to the next, EA cannot identify level 3 from yesterday as 1 and take new level 3 from today 

It has to be in the same 24 hour window



  1. Price is under 800 EMA

  2. We get 1 sell alert from L3 we get second sell alert from L3 

  3. We wait for 1 candle body to close under 13 EMA 

  4. Open sell trade  risk (x%) based on account equity 

  5. Place stop loss 1 pip above second Level 3

  6. Place TP + X% 

  7. Trail stop at + X% after X% in profit 

  8. Same sell rule for third L3 alert Sl will be 1 pip above 3rd L3 alert

  9. EA daily loss limit X%  no more trades to be open

  10.  Up to X% open trade at once

  11. EA always wait for the second or third L3 alert to follow next rule

Examp



Buy Rule

M5 time frame for BUY SIGNAL
EA will always look to apply rule from 1 period separator to the next, EA cannot identify level 3 from yesterday as 1 and take new level 3 from today 

It has to be in the same 24 hour window


  1. Price is above 800 EMA

  2. We get 1 buy alert from L3 we get second buy alert from L3

  3. We wait for 1 candle body to close under 13 EMA

  4. Open buy trade risk (x%) based on account equity

  5. Place stop loss 1 pip under second level 3

  6. Place TP + 2%

  7. Trail stop at + 0.50% after 1.3% in profit

  8. Same buy rule for third L3 alert Sl will be 1 pip under 3rd L3 alert

  9. EA daily loss limit 3% no more trades to be open 

  10. Up to 2% open at once

  11. EA always wait for the second or third L3 alert to follow next rule

Examples:


B1 B2 B3 S1 S2 S3 S4



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Project information

Budget
30 - 45 USD
Deadline
from 1 to 5 day(s)