The detail specification of the MT5 EA (HT Breakout) is zipped as attached.
Brief requirements:
1) The EA will include the following indicators that will include the ability to determine the placement of stop loss (SL), trade order opening & closing and time filter.
The indicators are referenced from open-source script in tradingview. They are:
a. ATR Bands indicator by TheTrdFloor
b. RSI in-built indicator by tradingview
c. TSI with histogram & MA - SamX indicator by SamAccountX
d. Twin Range Filter indicator by colinmck
e. SuperTrend indicator by KivancOzbilgic
2) Each trade order opening will be using the following logic
a. SET file will provide an input field to indicate if EA trade order entry will either be using Twin Range Filter or SuperTrend indicator
b. A trade order BUY entry will be made by the EA if the following conditions are met:
i. Either Twin Range Filter or SuperTrend indicator shows a [Buy]
ii. RSI is above the RSI-MA
iii. TSI is above the signal line
c. A trade order SELL entry will be made by the EA if the following conditions are met:
i. Either Twin Range Filter or SuperTrend indicator shows a [Sell]
ii. RSI is below the RSI-MA
iii. TSI is below the signal line
d. SET file will allow the trade order opening to be set as STOP, LIMIT or MARKET
i. For STOP/LIMIT order, allow to set as either HIGH, CLOSE, OPEN or LOW of the most recently completed bar.
ii. For STOP/LIMIT order, allow to set the expiration at next bar, or X bars.
e. Lotsize of trade will either be FIXED or PERCENT.
i. FIXED entry will be from micro-lot (0.01) to standard lot
ii. PERCENT will be percentage of equity or margin. It will be necessary to use the entry price and SL price to determine the lotsize for this choice.
f. For lotsize calculation using PERCENT, please use trading account currency as well as the base currency of the traded instrument as consideration to calculate correctly. E.g. trading account currency = GBP and traded instrument is XAUUSD.
3) The SL price will be determined using ATR Bands indicator.
a. If the BUY entry conditions are met, the SL will be using the ATR Bands lower band.
b. If the SELL entry conditions are met, the SL will be using the ATR Bands upper band.
4) Opened trade order will be closed using trailing stop loss. The following 3 fields are applicable:
a. Trailing stop loss trigger points (TSL Trigger Points)
i. The Trailing Stop is activated as soon as a trade is more than the TSL Trigger Points in profit
b. Trailing stop loss points (TSL Points)
i. The Trailing Stop will be trailed in this set distance behind the current market price
c. Trailing stop loss step points (TSL Step Points)
i. The SL will only be modified if it is at least this distance above the previous SL
5) Time filter in SET file by default is OFF. If turned ON, the EA will only open pending orders during the configured time period.
a. Time filter: ON or OFF
b. Start Hour: Hour of the start of the allowed trading time
c. Start Minute: Minute of the start of the allowed trading time
d. End Hour: Hour of the end of the allowed trading time
e. End Minute: Minute of the end of the allowed trading time
Similar orders
algo trading application want to developed Prerequisites for ordering a trading robot Trading robots are programs, which operate according to underlying algorithms. An algorithm is a set of actions that need to be performed in response to certain events. For example, the most common task in algo trading is the identification of the "New bar" event . When the event occurs, the robot checks the emergence of trading
I have list of free indicators in tradingview and i would like to convert them into an mt4 ea, But the EA will have and work based on the indicators features The list of the are listed as follows :> 1. Market Structure Break And Order block. By EmreKb 2. Rainbow Adaptive RSI by LuxAlgo 3. Multiple MA (21,50,100) 4. SuperTrend Please don't apply if can't do this, So we won't ourselves time
Only for developers with experience in debugging, and array-out-of-range issues. A custom indicator seems to work on a static chart, but 1 buffer still has mistakes in it, resulting in a value of 1 for every bar: the code needs to be reviewed and modified, resulting in a working indicator for every symbol, for every timeframe: sometimes when the timeframe is switched, the chart closes automatically, but all the time
Hi I do not know why but my other order have been deleted and it's not me... I do not know what i did wrong, let me explain again. I dont want you to crack a code or decompile. I want to create a scalper EA with the option I do ask. I had somebody built a EA called Drawdown manager for me that I do use to manage risk of any EA that I test and I have the built code. My problem is that I cannot back test this EA Fast
Hello! I am looking for an experienced Pine Script coder to create a custom indicator for mapping market structure based on fractals. The developer must be skilled in Pine Script and have a solid understanding of how to code market structure indicators. Looking forward to working with a talented developer
CHAPTER 1: BASICS 1.THE BASICS 1.1. EXPANSION AND RETRACEMENT Expansion =>occurs when there is an impulse movement towards a direction. Retracement => is the correction movement after an impulse movement. 1.2. FIBBONACCI RETRACEMENT USED TO DETERMINE THE END OF THE RETRACTION MOVEMENT, USUALLY THE PRICE RETRACTS TO 50% OR UNTIL OTE (0.62, 0.705, 0.79) BEFORE ANOTHER IMPULSE MOVEMENT OCCURS. 1.3. BMS - BREAK IN MARKET
I want a program that automatically disables manual trade execution once a specified number of trades have already been placed. ie. After a total of 3 trades have been placed on that day, manual trade execution should be disabled. I want the program to also limit the amount of lots that can be traded in any given day. ie. Maximum of 15 standard lots in any given day. The program should disable manual trade execution
Greetings to all developers that see this post, I have a task, I would like to work with an expert. I have an indicator that is written in the Pine script (TradingView) language; I would like it converted to MQL5, which will then lead to the creation of a trading bot based on the circumstances. I'll give you access to the indicator file
I am looking for a highly sample and ready and tested profitable EA to purchase.if it meets my requirements i will order same one.EA must be low drawdown high profit on any timeframe
i have a ready made SMC EA and looking for optimizing and debugging and also adding back the missing things in the requirement file. Basically work with the current code and refine it to fit the requirement file. Most indicator is already in the EA and the requirement file below are mostly finish. here are the things need to add back and debug based on the requirement file 1. TP from the filter and need to check
All orders
Rules
