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Development of a triple EMA scalping EA for the 1 minute timeframe

MQL5 Experts Forex

Job finished

Execution time 1 hour
Feedback from employee
Thank you!
Feedback from customer
Job was completed faster than estimated. Many thanks.

Specification

Hello, I need an forex scalping EA that  works in the 1M timeframe and uses 3 EMAs (e.g. 50, 150 and 200. The periods should be included as variables).

The EA should open a buy (or a sell) position, if the following conditions are met:

  - The trend direction is clearly* upwards for buy or downwards for sell.

  - The chart is creating a pattern as shown in img1(buy condition) or img2 (sell condition).


This EA should not use martingale, grid or other risky strategies - scalping itself is risky enough.

Please make me suggestions for placing stop-loss and take-profit levels and how it's usefull to modify them with help of the EA during the trade (using dynamic SL and/or break even points).

If you think, it could be usefull, please implement an "hide stop-loss and take-profit levels from the broker" option.

The EA should have an option to trade only in a certain time window (e.g monday - friday from 1:00 am to 6:00 am).


*"clearly upward trend" defined as 50 EMA > 150 EMA > 200 EMA and the slope of each EMA > +30 degree and "clearly downward trend" defined as 200 EMA > 150 EMA > 50 EMA and the slope of each EMA > -30 degree. 



Thank you in advance


Files:

JPG
chart_img1.jpg
198.5 Kb
JPG
chart_img2.jpg
227.6 Kb

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Project information

Budget
100 - 500 USD
VAT (19%): 19 - 95 USD
Total: 119 - 595 USD
For the developer
90 - 450 USD
Deadline
from 1 to 60 day(s)