MQL5 Expert Advisor needed for price level trading

Job finished

Execution time 14 days

Specification

Looking for a simple expert advisor that trades based on price level.


Main Inputs:

- Activation time (24-hr format, hh/mm/ss): whatever time is specified, the EA will look to the chart that it is attached to (M1,M5,M15 etc.) and record the price level. This will also be the trigger to start the trading session (this is when the EA activates for the current day).

- Range (points): this will be the trigger for buy/stop trades.

- Stop loss (points): this will be the trigger to exit any open trades.

- Lot size (lots with two decimal places)

- Close trades on time (24-hour format): close any active trades at this specific time, and deactivate the EA until next trading day. 

- Close trades on profit (account currency): close any active trades once the profit target has been reached, and deactivate the EA until next trading day.

- Close trades on loss (account currency): close any active trades once the loss target has been reached, and deactivate the EA until next trading day.


A detailed example can be discussed with the selected developer. This is only part 1 of the EA. Part 2 development will be a separate order, and will include adding standard indicators (such as MACD, CCI, EMA etc.) as additional filters for the trade. 


There will be only one trade opened at any time. 

If the price gaps through the Range or Stop loss levels, next available best price is to be used.

Range will always be greater than Stop loss.

No trades are to open if price is between the Range.

All the input values will be shown on the chart as information on the top hand left side (panel dashboard, no borders or boxes, white font):

- Price level

- Lot size

- Buy level

- Buy stop loss

- Sell level

- Sell stop loss

- Profit (net for day)

EA will be deactivated for the day if profit or loss has been reached, if not, then it will be deactivated at the closing time specified. EA will reactivate next trading day at the time specified (main input 'Activation time').

All source files, codes, expert files to be delivered to me at delivery stage.

Not to be used in any other work.


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Published: 1 code
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Project information

Budget
50+ USD
Deadline
from 1 to 2 day(s)