Support resistance EA development V1.00

Job finished

Execution time 3 days
Feedback from employee
very good customer, I like to work with him again.
Feedback from customer
Good developer

Specification

EA name support the resistance V1.00
EA should display property copyright and ownership 

Need Fast development 


The EA must identify prevouse High/Low on the current timeframe and draw major horizontal support/resistance lines. (must be labeled/drawn on the chart) 




1. if current bar closes below resistance line> enter sell trade> set stop loss to resistance line.
2. when price closes lower on the next candle or beyond for that trade> move stop loss to break even.
3. next trade will be opened by intervals on current time frame.
4. when existing below support is touched> close all trades and repeat to steps 1. (must be a major support line prior to last resistance)



1. if current bar closes above support line> enter buy trade> set stop loss to resistance line.
2. when price closes higher on the next candle or beyond for that trade> move stop loss to break even.
3. next trade will be opened by intervals on current time frame.
4. when existing above resistance is touched> close all trades and repeat to steps 1. (must be a major  resistance line prior to last support)

settings/variables

magic number
lot size input
EA expiry by date in the code, when expiry date is reached disable EA.
EA password = (must enter password here for EA to function)
intensity of support/resistance lines 
intervals of trades
Max trades each side (example if set to 2.... max 2 buy trades and max 2 sell trades)
Max trades ALL ( doesn't matter which side Max is 2)
disable close of all trades when support or resistance is touched. (true or false)
disable move stop loss to break even (true or false)

 

MQL4 source code handover at job completion
Clean high quality code.
The EA must auto detect 4/5 digit account and work properly.
The EA must auto detect prefix and suffix on pairs.
The EA must work on any time frame.
EA must work with no errors and be back testable.

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Project information

Budget
30 - 100 USD