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Rules
Watch how to order a trading robot
Read the Rules before you post an order or execute it
How to Order a Trading Robot in MQL5 and MQL4
See a sample Requirements Specification to order a robot
New orders in the category:
1000 - 5000 USD
100 - 2000 USD
30 - 35 USD
30 - 50 USD
Specification
EA will open trades based on the following rules:
BUY (see image 001 for example)
RSI crosses through 50 and closes above 50 for previous bar
+
MACD Histogram is greater than 0
Sell (See image 002 for example)
RSI crosses through 50 and closes below 50 for previous bar
+
MACD Histogram is less than 0
The following features must be supported in the followig gorupings:
| Heading | Feature | Options / Selections | Notes for developer |
|---|---|---|---|
| INITIAL TRADE SETTINGS | Trade Direction | Buy Sell Both | Will determine whether trades are opened in 1 or both directions |
| Initial lots | Fixed lotsize Lots per $1,000 balance | How the position size for the initial trade in the series will be calculated. Is either a fixed value set by the user, or a value determined by the size of the account | |
| Fixed Lot | Free text | Is the size of each initial trade for each new series, eg: 0.01 | |
| Lots per $1,000 balance | Free text | Is the rule which will calculate the initial trade size for each new series. Eg: if balance = $2,000 and value in field is 0.01, then initial trade size will be 0.02 | |
| Max lots (0 disabled) | Free text | Is the maximum lotsize that can be opened for the initial trade. Eg: if set to 1, then the EA will never open an initial trade greater than 1 lot. | |
| Comission per lot | Free text | The amount of comission paid per lot traded, for example 1 lot = $7, a micro lot =$.08 | |
| Close on Opposite Signal | True False | Will close open trades if a reversal signal is generated | |
| Open trade for every signal | True False | Will open a new trade each time a valid signal is generated, even if there is already a trade open. Does not take into account grid. See image EA 003/EA 004 | |
| INITIAL TRADE STRATEGY | Activate MACD | True False | Will set whther the MACD settings are used to determine an appropriate open for a trade. If set to true then the MACD will be used to help filter new initial trades If set to false then the MACD will not be used to filter trades |
| Fast EMA | Free text | ||
| Slow EMA | Free text | ||
| MACD SMA | Free text | ||
| Apply to | Close Open | ||
| Activate RSI | True False | Will set wither the RSI settings are used to determine an appropriate open for a trade If set to true then the RSI will be used to help filter new initial trades If set to false then the RSI will not be used to filter trades | |
| RSI Signal level | Free text (numbers) | This is the signal generator for the RSI. For example, if set to 50, then when the RSI crosses and closes above or below 50, a different signal will be generated that will be validated by the MACD, if enabled. | |
| Traditional RSI Buy (0 disable) | Free text | If set then a Buy trade will be opened when this level is hit. Can be used in conjunction with RSI signal level | |
| Tradition RSI Sell (0 disable) | Free Text | If set then a Sell trade will be opened when this level is hit. Can be used in conjunction with RSI signal level | |
| GRID SETTINGS | Max Grid trades (0 disabled) | Free text | The maximum number of grid trades that can be opened in a series. 0 means no grid |
| Grid Type | Fixed distance Custom | Fixed distance applies the same number of points to each subsequent grid trade. for example, if set to 200 points, the first grid would be opened 200 points from the initial trade, the second @ 400 points, the 3rd at 600 points etc etc The user can specify their grid distances | |
| Fixed distance (points) | Free text | The distance each new grid will be opened for the fixed grid option | |
| Custom Grid Disance | Free text | User is able to enter their grid settings, for example 100;200;300;400;500;600. This would cause the first grid trade to be opened 100 points from the inital trade, the second grid trade to be opened 200 points from the initial trade etc etc | |
| Open new Grid trade on new candle only | True False | If true new grid trades will only be opened on a new candle where the grid distance is valid If false grid trades will be opened when the grid distance is met | |
| Lot multiplier for Grid | Multiple Add Lots Fixed Lots | Multiple will use a multiplier to set next trade value Will add a set number of lots to each subsequent order Will used a fixed value for all grid traes | |
| Multiplier value | Free text | Is the value that will be used to multiply by most recent trade to determine value of next trade. for example: if initial trade is 1.0, and multiplier is 1.5, then first grid trade will be 1.5 lots, second grid will be 2.25 lots etc. When max lots is reached then all new trades will be opened at the maximum size until maximum number of grids has been opened. | |
| Add lots | Free text | Will add the value provided to the previous trade volume. For example: if initial trade is 0.01 and value for 'add lots' is 0.01, then the first grid trade will be opened at 0.02 lots | |
| Fixed lots | Free text | Sets the value for all grid trades. For example, if set to 0.75, all grid trades opened will be 0.75, regardless of the value of the initial trade | |
| PROFT & LOSS | Take Profit | Individal Averaging | Will close each trade individually as they hit TP Will close all open trades in a given direction (or both) once average TP hit |
| Averaging behaviour | Single direction All trades | Single Side: Will average profit for all trades in a single direction. For example, if there are 4 BUY trades opened, 2 at a loss and 2 in profit, if profit value is reached then close all 4 trades All Trades: Will average profit for all trades currently opened. For example: if there are 3 BUY and 1 SELL trades opened with 1 in profit and 3 at loss, if profit value is reached, close all trades. | |
| Individual TP | Free text | The TP in points for each opened trade | |
| Averaging TP | Free text | The TP in points when averaging | |
| Stop Loss | Individal Averaging | Individual will assign a SL to each trade individually and if hit the single trade will be closed Averaging will close all open trades when the 'average' stop loss is hit | |
| Averaging behaviour | Single direction All trades | As above for TP | |
| Trailing Stop | Enable Disable | Will enable or disable trailing stop | |
| Trail Start | Free text | The value in points that the trade must be in profit before trail will begin. for example, if set to 50, when trade is 50 points in profit the trail will begin waiting for the first step | |
| Trail Step | Free text | The size of the step for the trailing stop. For example, if set to 50, then once a trade reaches 100 points profit the trailing stop will move to 50 points (because trail start was set to 50) | |
| Trade Settings | Trade Sunday | True False | |
| Trade Monday | True False | ||
| Trade Tuesday | True False | ||
| Trade Wednesday | True False | ||
| Trade Thursday | True False | ||
| Trade Friday | True False | ||
| Trade Saturday | True False | ||
| EA Config | Max Spread | free text | the maximum allowable spread. If spread is higher than this value, EA will not open trade |
| Magic Number | free text | ||
| Initial Trade Comment | free text | ||
| Grid trade comment | free text | ||
| EA Info Display | Display info panel | True False | Will display the info panel on the chart. See attached image EA Display for design |
| Display positioning | TLHS BLHS TRHS BRHS | Top Left Hand Side Bottom Left Hand Side Top Right Hand Side Bottom Right Hand Side | |
| Font size (0 auto) | free text | ||
| font colour | Colour picker | ||
| Show trade lines | True False | Will draw line between open and close price when trade is closed | |
Responded
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137
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2
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23
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3
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200
12%
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5
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Published: 2 codes
4
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370
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Published: 38 codes
5
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6
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3552
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