Writing of an Expert Advisor based on SMA, RSI & Stochastic

MQL5 Experts Forex

Job finished

Execution time 1 day
Feedback from employee
Good employer! Thank you
Feedback from customer
Completed EA over and above expectations. Excellent to deal with at all stages of the development, demonstration and handover

Specification

Open 3 SELL positions, Lots size 2% (Variable setting) of account balance with Stop Loss 20 PIPS (Variable setting) away when the following occur.  

Price Candle 1 closed below 10 SMA (CLOSE) 

& RSI (14) <60 (Variable setting) @  close of Candle 1 

& RSI (14) > 70 (Variable setting) @ close Candle 4 

& Stoch (5,3,3)  K% <20 (Variable setting) @ close of Candle 1 

& Stoch (5,3,3) K% >80 (Variable setting) @ close of Candle 4 

 

EA to be attached to open 30M chart 

 

Position 1 (SWITCH ON/OFF) EXIT when TP = +25 PIPS  (Variable setting) 

 

Position 2 (SWITCH ON/OFF) move SL to Break Even when @ +20 PIPS (Variable setting) and set dynamic trailing stop 20 PIPS away (Variable setting) 

 

Position 3 (SWITCH ON/OFF) EXIT (not before 60 mins)  when 5 EMA (LOW) (Variable setting) > 10 SMA (LOW) (Variable setting) 

 

Must be able to back test 

Work on MT4 & MT5 (preferable) 


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Project information

Budget
30 - 100 USD
For the developer
27 - 90 USD