EA based on fractals

Job finished

Execution time 27 days

Specification

Automate Strategy

 

* Apply "fractals" indicator in tradingview by "William Fractals OR Igor_T" (Code is available, you can copy & modify easily)

 

* Open settings >> in Style section >> opposite the shapes and colors,

(Down Fractal >> Down Arrow & Red Color)

(Up Fractal >> Up Arrow & Green/Lime Color)

 

* Buy Condition: When the Up/bull fractal appear, buy on the very next candle opening.

* Sell Condition: When the Down/bearish fractal appear, sell on the very next candle opening.

* Stop Loss of Buy Order: Low of the candle on which fractal appear

* Stop Loss of Sell Order: High of the candle on which fractal appear

 

(When the opposite fractal appear, close previous trade open new trade respective to fractal)



Requirements

 

Options Inputs:

        Risk Management

·         Risk % per trade (open lot sizing according to stop loss pips count & risk per trade allowed) >> Customizable

·         Risk free trade (when to close half position & move stop loss to breakeven), by-default 0.5 Risk to Reward (RR), but changeable >> Customizable

·         Magic number for trades

·         Daily Target = 10% of the capital (if today’s target achieved, stop trading for today) >> Customizable

·         Max Daily Loss Allow 3% >> Customizable

Other

·      

  • Timeframe >> Currant/All
  • Can run on multiple pairs at same time
  • Fractals should be visible on mt4
  • Well written code by function wise
  • Can be back tested
  • No Martingale, Hedging
  • It needs to close trades before weekends, and the EA shouldn’t trade during High impact news, a 5 minutes before & 5 after. 
  • Close trades before 5 minutes of high impact news.
  • Stop Trading 1 hour before ending NY session
  • Can work on both mt4/mt5


Can negotiate, if I get value!

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Project information

Budget
60 - 120 USD
Deadline
from 3 to 7 day(s)