Writing an EA with a trending strategy

Job finished

Execution time 21 days
Feedback from customer
This developer is very sincere and faithful. You can trust him he will do his best to do his job. I hope I will work with him for the future.

Specification

The following is an overview on a trading strategy for trending market which is already opened publicly. I had some change done(like multi-currency pairs trading). The prepared detailed description with an illustration on defining trading rules, input and other parameters will be provided for the selected applicant. I look forward to the application from the responsible talents.


-----------------------

This strategy is based on the well-known technique of buying a dip in an uptrend and selling a rally in a downtrend.  We'll use a price-channel breakout and an exponential moving average to determine the trend and a return to the mid-point of a recent bar to define the countertrend dips and rallies.  An unusual feature of this strategy is that it takes profits at a fixed target instead of trailing a stop in an attempt to catch a major trend.



The rules for the long and short sides of the strategy are analogous (the short side is the mirror image of the long side) so we'll just explain the long side here.  The first condition for a buy setup is a breakout to a new 10-bar high with the breakout bar's close above the high two bars ago.  The second condition is a rising moving average - an average greater than it was on the previous bar.  When both conditions are true, our buy setup is complete, and we begin monitoring for the buy trigger.  Call the bar that made the new 10-bar high Bar #1 and call the bar two bars before it Bar #2.  The trigger is a decline to the midpoint of Bar #2.  The buy setup remains in effect for a specified number of bars. 



Once we're in a long position, we'll place a limit order to sell (take profits) at the high of Bar #1 plus a multiple of the difference between Bar #1's high and our entry price.  For example, say we're long XYZ at $80 per share, and the high of Bar #1 is $90.  The difference between our entry price and the Bar #1 high is $10.  If the multiplier we're using is 4, our profit target would be $120 ($10 x 4 =$40 + $80 = $120).

Responded

1
Developer 1
Rating
(5)
Projects
9
11%
Arbitration
5
40% / 60%
Overdue
1
11%
Free
2
Developer 2
Rating
(14)
Projects
19
11%
Arbitration
1
0% / 100%
Overdue
5
26%
Free
3
Developer 3
Rating
(88)
Projects
143
39%
Arbitration
21
19% / 48%
Overdue
30
21%
Free
4
Developer 4
Rating
(162)
Projects
288
35%
Arbitration
18
22% / 61%
Overdue
42
15%
Working
5
Developer 5
Rating
(3)
Projects
5
0%
Arbitration
2
0% / 100%
Overdue
2
40%
Working
Similar orders
I need a professional MT5 Expert Advisor (EA) built with clean, modular code. This is an advanced strategy combining liquidity concepts, controlled DCA, hedge protection, and strict risk management. Core Requirements: Entry Logic (ALL must align): Liquidity sweep (Previous Day High/Low breakout and return) EMA50 and EMA200 trend alignment Higher timeframe bias (H1 or H4) RSI confirmation Bollinger Band entry Filters
I need a professional MQL5 developer. BEFORE I SHARE ANY DETAILS: 1. You must sign a PERPETUAL NDA with no expiration date 2. NDA includes €100,000 penalty for any breach 3. I require full .mq5 source code ownership 4. Developer must have 500+ completed jobs, 4.9+ rating Budget: €1500 EUR Duration: 14 days Start your application with "RULER" to prove you read this
Pip Scalper Bot 60+ USD
i want a trading bot that is aleast 98% sure,and cam also do scalping 99% correct using smart money concept, ICT, ALL technical analysis on it and also put risk management on it
Greetings I need MT5 developer that has expertise in developing a custom indicator for mt5 boom and crash based on my exact details and requirements which would be discuss later. Kindly bid for this project if it is something you can handle for me
AI Trading MQL5: Maximizing Profit from a $10 Investment Achieving significant profits from a small initial capital like $10 in AI trading with MQL5 requires a highly strategic and disciplined approach. While the potential for exponential growth exists, it's crucial to manage expectations and understand the inherent risks. **Key Strategies for Small Capital AI Trading:** 1. **Low-Risk, High-Probability
I’m looking for an experienced NinjaTrader developer to complete an existing custom indicator. The project is already partially built and is well organized, completely functional, and well documented. The former developer experienced some personal difficulties and unfortunately cannot continue. Key Requirement (Read Carefully): You MUST have direct, hands-on experience with NinjaTrader and NinjaScript (C#) . This is
I need a professional developer to help me create an EA using RSI and Moving averages.The strategies are well organised and everything is in order. I will send all the details in the inbox
Powerful 30 - 100 USD
I really want a powerful developed EA that can generate a minimum of 10% every month without martingale, greed or any dangerous strategy for sale. Developer must provide the mql5 file or the raw file for modification etc
I already have a fully developed MT5 Expert Advisor with all required prop firm features, including: Risk management Daily loss & max drawdown limits Spread & slippage filters News filter Trade management system The EA structure is complete. 👉 What I need is a professional developer to replace ONLY the entry logic with a high-quality, rule-based trading strategy. 🚨 STRICT REQUIREMENT (READ CAREFULLY): I am NOT
Hello, I’m looking for an experienced developer who can help convert an existing cTrader indicator into a fully functional Quantower indicator . I already have the complete source code for the cTrader indicator (written in C#) , and I would like the same logic, behavior, and visual output to be accurately replicated in Quantower

Project information

Budget
90 - 100 USD
Deadline
from 5 to 7 day(s)