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Analyze and program an EA from an existing successful strategy

MQL4 Experts Trading robot/indicator debugging Strategy optimization Forex

Job finished

Execution time 28 days

Specification

I need a strategy analyzed and programmed into an EA. I will need any basic flaws that are found in the strategy to have a solution suggested and programmed into the EA.

Basics of the strategy:

1. Set up a channel based on the past 200 or so bars in a single timeframe (M15 to H1).

2. Set up limit orders within ten pips of both top and bottom channels.

3. Place two market orders, one buy, one sell at the current price.

4. Set stop losses outside the current channel.

5. Allow hedges to make a profit on both sides as the price moves within the channel.

6. If price breaks outside channel, then place orders in the direction of the breakout and close positions of opposite direction. Set take profit and stop losses at fixed pips.

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