EA based on supertrend and price action

MQL5 Experts

Job finished

Execution time 10 hours

Specification

1. identify trend according to market structure may be use EMA 8, 50 or super trend 

2. identify pull back signal

3. identify key level such as  EMA 8, 50 , Bollinger Band, fibo level  (required in put parameter)

4. identify the engulfing or Pin bar and other pattern in candlepattern class in (14)

 

 

Buy conditions {

5. if the bullish pattern from (4) appear after (2) and close to (3) and trend is UP then 

6. place a buy limit at the opening price of the previous bearish candle. also need input option to select buy position 

7. place the take profit at high of the bullish engulfing candle in higher timeframe or take profit at previous swing high (HH ) or RR 1:2, need input option to select this TP position

8. place stop loss below the low of the previous swing low (HL) candle +5point }

 

Sell conditions {

9. if the bearish pattern from (4) appear after (2) and close to (3) and trend is Down then 

10. place a sell limit at the opening price of the previous bearish candle. also need input option to select buy position 

11. place the take profit at low of the Bearing engulfing candle in higher TF or take profit at previous swing low (LL) or RR 1:2 , need input option to select this TP position

12. place stop loss below the low of the previous swing high candle +5point }

 

Other 

13. Trailing stop loss  and money management function with external input option

14. please use candlepattern class  in this link but make it work without using wizard  https://www.mql5.com/en/code/291 

 


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Project information

Budget
300+ USD
For the developer
270 USD