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Create Mt5 EA

MQL5 Experts Other Trading robot/indicator debugging Statistics and mathematics Strategy optimization C++ Strategy modules Panels and dialog boxes Stocks C# Python Custom graphics Futures

Specification

Hi, I am trying to have an MT5 EA created

Bot rules:
1. After 10 am EDT bot looks for the first fair value gap (fvg) on 5 minute chart on NAS100
2. After bot finds Fvg, it sets pending limit order for buy if the fvg was up and sell if it was down.
3. The pending limit order has a stop loss below/above the 1st candle of the fair value gap and aims for 2R

the pending order will be good until 4pm EDT 

The bot should be able to adjust the timeframe (that I put the chart on) and that is what timeframe it will look for a Fvg 

The bot should be able to have parameters for how much risk on each trade (1r)

Further, There should be a parameter in which I put in the time I want it to start looking for fvg’s (I.e. 10 am)

A parameter for the risk percentage I want that will automatically give the lot size based on the stop loss.

https://www.drift.trade/learn/fair-value-gap-fvg#:~:text=The%20Fair%20Value%20Gap%2C%20or,detect%20market%20inefficiencies%20or%20imbalances

This explains what a Fvg is. The Fvg is confirmed on the close of the 3 candles.

Please let me know your thoughts

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Published: 1 article, 8 codes
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Project information

Budget
30 - 50 USD
Deadline
from 1 to 3 day(s)