EA to manage manual trades

MQL4 Experts

Job finished

Execution time 6 days
Feedback from customer
Very helpful programmer. I will do business again next time.
Feedback from employee
Thank you so much.

Specification

I need an expert advisor to manage trades. The EA should NEVER open a position.

The EA will use ichimoku to exit trades.

For long trades, EA will close position if price close below cloud

For short trades, EA will close position if price close above cloud  

The EA will lock profits after Breakeven profit is reached 

The EA will activate after X number of pips in profit.

 

Mandatory input parameters:

General Settings 

Breakeven pips

Lock-in pips

Profit pips to activate Ichimoku exit

Ichimoku Settings

Tenkan-sen

Kijun-sen

Senkou Span B 

 

 

Example settings

Breakeven pips: 20

Lock-in pips: 2

Profit pips to activate Ichimoku exit: 30

 

First example

Long EU at 1. 3

Price went up to 1.3020

EA will lock in  2 pips (1.3002)

Price went down to 1.3005 and close below cloud (At this point EA will not  close trade because Profit pips to activate Ichimoku exit did not reached 30 pips)

Price went down further to 1.3002, EA closes the position at +2 pips

 

Second example 

Long EU at 1. 3

Price went up to 1.3050

EA will lock in  2 pips (1.3002)

Price went down to 1.3030 and close below cloud (At this point EA will close trade because Profit pips to activate Ichimoku exit is greater than or equal to 30 pips profit)


Third example

Short EU at 1. 3

Price went down to 1.2980

EA will lock in  2 pips (1.2998)

Price went up to 1.2995 and close above cloud (At this point EA will not  close trade because Profit pips to activate Ichimoku exit did not reached 30 pips)

Price went up further to 1.2998, EA closes the position at +2 pips

 

Fourth example 

Short EU at 1. 3

Price went down to 1.2950

EA will lock in  2 pips (1.2998)

Price went up to 1. 2990 and close above cloud (At this point EA will close trade because Profit pips to activate Ichimoku exit is greater than or equal to 30 pips profit)

 

 

Testing will be done on a demo account. If the EA works as outlined above, work will be accepted. 

The EA should work on any chart (Standard, Renko, Range bars) 

The EA should work on ECN and Non-ECN brokers. 


 

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Project information

Budget
10 - 15 USD
Deadline
from 1 to 2 day(s)