FreelanceSections

Expert Advisor based on Stochastic Momentum Index (SMI) and EMA is required

MQL5 Experts

Job finished

Execution time 17 hours

Specification

Hi everyone I need someone to create a mql5 automated expert advisor using the stochastic SMI, an EMA and the ATR with adjustable parameters for all three.

A buy order will be generated when the stochastic SMI moves from below the oversold level to above the oversold level at candle close. Price must also be above the EMA for a buy order to be generated.

A sell order will be generated when the stochastic SMI moves from above the overbought level to below the overbought level at candle close. Price must also be below the EMA for a sell order to be generated.

The stop loss should be calculated as a multiple of the current ATR. The take profit setting will be adjustable and based on R:R.

The volume of the trade will be calculated based on the percentage risk i.e. autolots.

The expert advisor will have a setting for the days of the week and time periods in which trade orders are generated. The expert advisor will also have a news filter with settings.


This strategy may require adjustments and I have some other ideas that I'm finalizing, so it would be good to start a positive relationship with a skilled developer.

Many thanks for your interest.

Crug

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Project information

Budget
60 - 90 USD
Deadline
to 10 day(s)