An Expert Advisor needed based on RSI trading on Crash 500 & 1000

Job finished

Execution time 1 hour
Feedback from customer
Was an amazing experience, super fast service, no issues. Understood my request completely right from the start and executed perfectly! Highly recommended!

Specification

Crash EA

I require EA that does automate sell orders based on the below. It should trade on Crash500 and Crash1000 Index on MT5.

Input variables:

1.       LS - Lot size

2.       RSI Period (i.e. 15), Apply to: Close

3.       Trade Enter on RSI (i.e. 90, 92)

4.       TS1 (Trailing Stop) If more than 1 trade open and combined trades in profit - SL after amount of candles upwards (i.e. 0, 1, 2.... on 1M)

5.       TS2 (Trailing Stop 2) for 1 highest open trade after initial TP activated if combined trades were in profit - SL after amount of candles upwards (i.e. 0, 1, 2.... on 1M)

Method:

1.       When Trade Enter RSI reached, open 1 trade with LS

2.       When Trade Enter RSI increase with 3% (i.e. if 90, next 93 etc.), open 2 additional trades with LS each.

3.       When previous trade entry RSI increase with another 3% (i.e. if 93, next 96 etc.), open 4 additional trades with LS each.

4.       When previous trade entry RSI increase with another 3% (i.e. if 96, next 99 etc.), open 8 additional trades with LS each.

Activate TP:

1.       On first change in price downwards

Conditions:

1.       If TP activated on 1 open trade (refer Method Nr. 1):

-          If in profit, then close trade immediately

-          If in loss, then close trade immediately

 

2.       If TP activated on 3 open trades (refer Method Nr. 2):

-          If combined trades in profit, then TS1, TS1 to follow on every drop onwards.

-          If combined trades in loss, then close all trades immediately.

 

3.       If TP activated on 7 open trades (refer Method Nr. 3):

-          If combined trades in profit, then TS1, TS1 to follow on every drop onwards.

-          If combined trades in loss, then close all trades immediately.

 

4.       If TP activated on 15 open trades (refer Method Nr. 4):

-          If combined trades in profit, then close all trades with TS1, except 1x highest entry trade to remain open to activate TS2, TS2 to follow on every drop onwards.

-          If combined trades in loss, then close all trades immediately, except 1x highest entry trade to remain open to activate TS2, TS2 to follow on every drop onwards.


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Project information

Budget
100 - 150 USD
Deadline
from 1 to 3 day(s)