Specification
Looking for an experienced developer to automate my trading strategy via an expert advisor for MT4/MT5 I am open to new ideas and suggestions that may improve the EA. The EA would be used on demo and on live personal accounts. Once the developer and I agree on everything,
New Fully Automated Trading Robot that is based on
Buy at Horizontal Support and Sell at Horizontal Resistance,
Buy at Diagonal Support= Trendline and Sell at resistance = Trendline.
Market structure/Price action.
EA should be able to draw trendline on the Daily, H4, H1 and support and resistance on those time frames as well.
8 Exponential Moving Average and 18 Simple Moving Average cross.
MACD histogram closes above or below signal line and or 0 line.
I would like for the robot to detect break and retest of support and resistance and break and retest of trendline and send alerts.
EA should be able to recognize certain candlesticks patterns, Bullish and Bearish, Morning Star and Evening Star, Tweezer Tops and Tweezer Bottom. Hanging Man, Shooting Star, Hammer, Bearish Engulfing, Bullish Engulfing, Dark cloud cover and Piercing line.
It should be able to enter and manage trades on the one minutes to Daily time frame. It should buy at support and sell at resistance.
Ea should have option to enter single trade or multiple trades, or make several entries in one direction.
When price is in up trending channel, Once price gets to the upper line and there is a bearish signal, 8 EMA crosses 18 SMA and MACD volume bar closes below signal line and or 0 line.then the robot should sell to the lower trend line and exit there, once price is at the lower line and there is a bullish signal formed, and EMA crosses 18 SMA and MACD volume bar closes above signal line and or 0 line, then the robot should enter buy trades and exit trades at the upper line. In a down trending channel, when price gets to the upper down line and is a bearish signal and the EMA crosses 18 SMA and MACD volume bar closes below signal line and or 0 line, the robot should sell and exit trades when price gets to the lower down trend line. When price is at the same lower down line, if there is a bullish signal (candlestick formation) and the EMA crosses 18 SMA and MACD volume bar closes above signal line and or 0 line, then the robot should buy and exit when price gets back to the upper line.
When price is at Resistance and the moving averages 8 crosses below the 18 and bearish candle closes below and the histogram closes below the signal line or below the 0 line then, also a bearish candlestick pattern is formed then the robot should generate a sell signal and enter the trade. And do the opposite for Support areas. I must be able to adjust EA whether to trade one single trade at a time or to enter a trade at the close of every bearish or bullish candle. EA should send a signal and enter trade when there is a break and retest of support and resistance or break and retest of trendline in additional to MA cross and Trade must be exited at the next zone
I want the option to set stop loss via pips. points or dollars & percentage. and the same to take profit.
Parameter will include
Trade and Risk Management,
Lot Size,
Stop Loss,
Take Profit,
Buy/Sell,
Spread Filter,
Maximum number Of Trades,
when spread is more than 5 pips do not enter trade,
Time and Date Filter,
News Filter, High, Medium, Low, Signal for upcoming news for time zone.
Percentage Loss/Gain % or Money,
Fib level retracements, Pip Count, Loss/Gain on Chart, Candle Count down, Risk to Reward e.g., 1:3). To get alerts,
entry when conditions are met.
Sell positions are closed at buy signals
and buy positions are closed at sell signal.
Need EA for MT4/MT5
Additional pictures are available.
Here are some examples
Time Management
Time Management: True
Start Time: 00:00
End Time: 10:00
Lot Management
Lot Size: 1-100
Grid Management
PIP Step: 10
PIP Step Exponent:
Maximum Grid Management: 10
Risk Management
Take Profit: in pips or points
Trailing Start: in pips or points
Trailing Step: 5
—Money Management—
Maximum % Daily Risk: 5
Maximum % Risk Per Trade: 1 - 2.5
Maximum Slippage: 5
Information Panel: True