MT5 Robot Needed.

Job finished

Execution time 1 hour

Specification

An MT5 Trading Robot that scans the first 26 Forex Symbols in Market Watch to find one that complies with 7 criteria.

Long Trade:

Main Trend               1: SMMA of current bar higher than the oldest bar in history. (Periods,timeframes,shifts,etc,entered by client, not a user input.)

Secondary Trend       2: SMMA of Symbol rising.

Short Term Trend      3: SMA of current bar higher than previous bar.

Entry Point               4: iClose < SMA.

Strength                   5: iRSI rising.

Swap                        6: Symbol swaprate >0.

Spread                     7:  From a list of the 26 Symbols containing their appropriate spread.

Short Trade opposite, except swaprate >0 and spread OK.

When symbol is identified and no trades open, chart symbol is changed to match and chart and time frame is changed to daily.

Lots to trade:                                        User input 1 = fixed lot size, 0 to use %.

Lots to trade as % of Account Balance:    User input 2 = Dropdown List, Lots per 100K of Account Balance, 0.1, 0.25, 0.50, 1.00, 2.00.

Closed for the Weekend if no trades open 8 hours before market close friday.   User Input 3 = Yes or No.

Magic Number:   User Input 4:

Stop Loss 5000 pips, Take Profit 5000 pips.

To Close first order: We need a variable called High Water Mark that increases to reflect the accumulated profits of the current magic number when the order closes, it only increases to form a higher number when profits exceed the previous HWM it never decreases.

If OrdersTotal()==1) If(OrderProfit()>(High Water Mark of magic number + 20*OrderLots() and spread is OK) Close the order. Example OrderLots 1.00 X 20 = $20.00.

If the order is losing > 250 pips and the Open Symbol complies with all the entry criteria open another position on the same Symbol with lot size of last lots + Lots to trade.

Close the second order if the second order profit > 10*Second Order OrderLots().

Repeat this process without opening more than 5 Trades.

Source code is required.

                       

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Project information

Budget
100 - 200 USD
Deadline
to 30 day(s)