Needed: Reversal MT4 EA based on auto-drawn & auto-named S/R Trendlines by a separate indicator

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Execution time 7 days
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Specification

***Please, Please, Please, if you know you are swamped with other jobs, and may not meet your promised deadline....don't bother requesting. Thank you very much.***


This should be simple. I think?

1. There is a separate indicator that draws trendlines based on support & resistance it calculates. It also auto-names these trendlines under "Trendline properties > Name". I will private-message you the names of these support/resistance trendlines, if you are chosen for the job.

2. This EA's job:

  • If no trades are open on the applicable chart, open a buy trade when the current market price is within X pips in range of a support trendline (as long the trendline's name matches the name of a support trendline I will provide you with). 
  • Reverse case for sell orders with resistance trendlines. And there must be only one trade open at any time per applicable chart/symbol.

    • Every order must come with a stop loss of X pips;
    • Take profit should be calculated as a multiplier of stop loss. For example, if an order is opened with a 20-pip SL, and TP factor is 3 in EA settings, then TP= 20 pips x 3 = 60 pips;
    • However, if a buy position is active, and the market price approaches X pips in range of next resistance trendline, while open TP target is above this condition, close the trade and possibly, reverse-open a sell position, if sell conditions are true.
    • Option for max amount of open trades at a time across all charts.
    • Auto-lot size calculation based on account balance per deposit currency.
    • Move SL to Breakeven + X pips? Y/N
      • Move only if open order has moved in profit by TP factor of X....if above setting is Y
      • How many pips above break even? X
    • Trade only on Monday-Friday; and if day of the week is Friday, do not trade from xx:xx (Jerusalem GMT....is it GMT +2 or +3?);
    • Exit all trades on Friday? Y/N 
      • If Y, exit all trades @ xx:xx time (Jerusalem GMT number)


That should pretty much cover the core. The rest should be minor fixes as we work on it.

Thanks.



























































































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Project information

Budget
50+ USD
For the developer
45 USD
Deadlines
to 3 day(s)