FreelanceSections

Expert Advisor based on RSI and BB strategy for MQL4

MQL4 Experts Statistics and mathematics C++ MySQL HTML Trading robot/indicator debugging Strategy optimization Forex

Job finished

Execution time 2 days

Specification

I would like to create an EA based on the attached working indicator which places orders based on the Bollinger Bands and RSI.

1. The idea of the trading system is as follows: market entries are performed when it crosses inside RSI overbought and BB upper line for short trades and the opposite for long trades.

2. Trading Signals:

  • Buy signal: close price crosses inside BB lower line and RSI crosses oversold level.
  • Sell signal: close price crosses inside BB upper line and RSI crosses overbought level.

3. 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.

4. Positions are only closed by stop loss which could be set as infinity (up to account equity)

5. Position management There can only be a limited number of positions open at a certain time

6. Inputs required:

  • RSI period (default 14)
  • RSI overbought level (default 70)
  • RSI oversold level (default 30)
  • BB period (default 20)
  • BB standard deviation (default 2)
  • Take profit in percentage (default 10%)
  • Stop loss in percentage (default 50%)
  • Number of orders open simultaneously (default 5)
  • Equity per order ($100 or 10% of account equity)
  • Order margin (x200)
  • true/false to activate or deactivate long and short orders separately

Files:

MQ4
RSI_vs_BBv3.mq4
4.3 Kb

Responded

1
Developer 1
Rating
(584)
Projects
912
46%
Arbitration
31
39% / 29%
Overdue
93
10%
Working
2
Developer 2
Rating
(212)
Projects
246
45%
Arbitration
42
10% / 57%
Overdue
5
2%
Free
3
Developer 3
Rating
(1053)
Projects
1390
45%
Arbitration
46
72% / 13%
Overdue
35
3%
Free
4
Developer 4
Rating
(57)
Projects
75
25%
Arbitration
9
33% / 56%
Overdue
8
11%
Free
5
Developer 5
Rating
(125)
Projects
157
36%
Arbitration
4
25% / 50%
Overdue
13
8%
Working
6
Developer 6
Rating
(39)
Projects
55
13%
Arbitration
5
20% / 20%
Overdue
6
11%
Free
7
Developer 7
Rating
(1117)
Projects
1419
62%
Arbitration
21
57% / 10%
Overdue
43
3%
Free
8
Developer 8
Rating
(101)
Projects
150
59%
Arbitration
7
29% / 43%
Overdue
20
13%
Free
9
Developer 9
Rating
(54)
Projects
53
17%
Arbitration
7
0% / 100%
Overdue
5
9%
Free
10
Developer 10
Rating
(195)
Projects
317
35%
Arbitration
64
13% / 56%
Overdue
82
26%
Free
11
Developer 11
Rating
(23)
Projects
45
20%
Arbitration
24
29% / 42%
Overdue
12
27%
Working
12
Developer 12
Rating
Projects
0
0%
Arbitration
0
Overdue
0
Free
13
Developer 13
Rating
(327)
Projects
516
32%
Arbitration
23
65% / 9%
Overdue
15
3%
Working
14
Developer 14
Rating
(96)
Projects
142
75%
Arbitration
0
Overdue
2
1%
Free
15
Developer 15
Rating
(225)
Projects
399
34%
Arbitration
53
36% / 40%
Overdue
144
36%
Loaded
16
Developer 16
Rating
(2042)
Projects
2592
62%
Arbitration
112
45% / 26%
Overdue
417
16%
Working
17
Developer 17
Rating
(19)
Projects
27
19%
Arbitration
6
33% / 33%
Overdue
2
7%
Free
18
Developer 18
Rating
(126)
Projects
151
48%
Arbitration
6
83% / 17%
Overdue
2
1%
Free
19
Developer 19
Rating
(249)
Projects
398
38%
Arbitration
82
41% / 20%
Overdue
69
17%
Loaded
Similar orders
Adjust MY Hedging EA 30 - 40 USD
1. Need averaging TP for my hedging EA. (Close both Buy and Sell position with TP) 2. Add function auto/manual entry. (EA will entry based on manual position(placed by trader) or auto trade based on existing setting)
My Ea needs full changes on strategies and add/modify some functions. 157 - 158 USD
Hello developers, Thanks in advance for checking my order. I have been creating and trying to mastering this strategies for a long time and finally it's time to automate it. I’m not sure if everything I imagined can be done. I tried my best to explain whats needed for the ea and how it should performance but due my lack of knowledge in programming probably you will have some questions soo feel free to ask. Only apply
I need Trading indicator for 1min and 5minute signals for only EURUSD with 97-99% Accuracy 30+ USD
I need a trading indicator that will give 1 minute and 5 minute accurate signals for only EURUSD pair. the indicator is to be used for Binary options so it has to perform exceptionally
ODSMART EA 30 USD
I want an EA developed from this strategy that will buy and sell based on the appearance of these colours. Blue-buy (Enter when the signal indicator is at zero on the blue background) Red -sell( Enter when the signal indicator is at 100) White and brown, exit trade
Want to develop martingale hedging robot 35+ USD
I want to design forex robot which work based on hikenashi candel stick pattern and also i wamt to include martingale statergy and trade entry method is bqsed on rsi and hikenashi
Expert Advisor / trading robot needed based on Renko charts 50+ USD
The expert advisor needs to follow these conditions = 1. The values of these elements can be changed at any time and for any instrument . . Time Interval of renko . Size of renko brick . Type of renko brick (fixed , atr or percentage) . Lot size 2. Buy condition = ENTRY = Renko brick closes GREEN. EXIT = Renko brick closes RED or TRAILING STOPLOSS=3 bricks down. 3. Sell condition = ENTRY =
Converting tradingview to nt8 30+ USD
Hi there Here is a video of the logic: its based on market structure and swings using validated highs and lows based on candle closure. Just in case you would like to take a look at the code/indicator here is the link: https://youtu.be/igj0OaQoM7o?si=7nigL8OU2Nt1Zxkx Let me know if you can help
Create MT5 deriv EA 30 - 35 USD
Hello . Am in need of a developer that can Create deriv EA .I need to create a Deriv Bot with Martingale 1 min candles 30 martingale plus I can change the amount of martigale with the option of 1 min up or down . Kindly bid and let discuss about the project
Connect Tradingview Signal to cTrader. 100+ USD
"Hello, I'm looking for a developer who can connect tradingview signal to cTrader. If you have experience with API integration and are familiar with both cTrader and TradingView, please reach out. This project involves connecting the two platforms to enable detect signals and trigger cTrader . Looking forward to collaborating with someone who can help me with the project Thanks
Expert Advisor based on Moving Averages 30 - 35 USD
I need an automated EA to open positions based on the closing of a candle over/under the 50MA TP must be able to be set at specific points SP must be able to be set at previous candle open

Project information

Budget
30 - 100 USD
For the developer
27 - 90 USD
Deadline
to 5 day(s)