An Expert Advisor Based on Simple MA or EMA

Job finished

Execution time 1 day
Feedback from customer
He is a very talented developer. He understood every single thing I wanted to do. Always willing to explain some key things to me, some times using video. I will certainly use him again
Feedback from employee
Great customer, very kind, communicate well, very generous and ready to pay for his requests, he explains well, it's been a pleasure working with him, i will work for him certainly if he need my help.

Specification

1.     This robot will use EMA or MA or RSI to determine entry and exit points of trades and it will be built for MT5 trading platform.

2.     It will also make use of the martingale technique (increasing lot sizes after each losing trade).

3.     The EA will Buy and Sell (not one robot each for buying and another for selling)

4.     It will work using the normal candlesticks chart and one indicator

a.     So if it is placed on a candlestick chart of any timeframe, it will use the EMA or MA or RSI on that chart for trade entries and exits.

5.     This robot will be able to work on stocks, forex, cryptocurrency, futures, commodities, etc

6.     I will then select what I want the EA to do based on the value of the indicator selected.

a.     The robot will work by comparing values of the indicator at the current candle (candle that has just closed) on whichever timeframe chart is being displayed, with the value of the indicator at the previous candle. Based on the difference, the robot will know which action (buy or sell) it will take at the open of the next candle.

b.     There will be the following options:

                                                              i.      Buy when indicator value at just closed candle is higher than the value at the previous candle. If this option is selected, it automatically means the reverse will be the case for Selling (sell when the indicator value at just closed candle is lower than the value at the previous candle)

                                                            ii.      Buy when indicator value at just closed candle is lower than the value at the previous candle. If this option is selected, it automatically means the reverse will be the case for Selling (sell when the indicator value at just closed candle is higher than the value at the previous candle)

                                                         iii.      The decision to buy or sell will be implemented at the open of the next candle


This will be a 3-candle play

More details will be provided to the short-listed candidates



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Project information

Budget
100 - 500 USD
Deadline
to 7 day(s)