FreelanceSections

Trading Robot that uses price action to open positions and has the ability to double down

MQL5 Experts

Job finished

Execution time 5 days
Feedback from customer
Great communication and can interrogate the charts and specifications to ensure that the objective is understood. Would recommend for any job, no matter how complicated.
Feedback from employee
A great chance to work for him, rapid decision, precise requirements and feedbacks. A trustful person !

Specification

Here is my vision:

An EA that uses an moving average breakthrough, confirm with price action before opening a trade. The direction of the breakthrough dictates the direction of the trade, but the EA can also validate against a longer timeframe as detailed on the input sheet. This will also dictate weather the EA can open trades in both directions, or only follow the trend.


There is a feature to check trend momentum, that will allow a trade to double down (Opening 2 trades).


Risk and profit management are based on the ATR, setting TP & SL accordingly.


Stops can be fixed or trailing and position sizing can be manual or based on percentage of account balance.


There is a feature to stop the EA if it is not performing well - criteria will be outlined in the specificaiton.


There is also time of day feature that enables trades during certain times of the day.


The EA can be applied to any chart and any timeframe.


I will provide a brief with examples of how the EA would work. I have also drawn up the EA Input sheet in excel.


Let me know if you are interested.

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Project information

Budget
30 - 100 USD
For the developer
27 - 90 USD
Deadline
to 10 day(s)