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How to Order a Trading Robot in MQL5 and MQL4
See a sample Requirements Specification to order a robot
New orders in the category:
250 - 500 USD
30+ USD
30 - 50 USD
30 - 40 USD
30+ USD
Specification
Hi there I need to develop this strategy on mt4 mt5 and mobile too
1. Psychological round numbers: 250, 500, 750 and 1000. You will round price of charts according to which number above is closer to.
You will need a minimum of 3 touch on the wicks of te candles and place the horizontal line on the lowest wick/s. You will have to find the top 3 wicks and bottom 3 e wicks the range or gap between the two horizontal lines must me 900 pips or below.
Make sure you change the prices of tgese horizontal lines to a closest psychological round number
Ex: if the price is 145.167 you will round it to 145.250
If it's 145.367 you will round it to 145.500 and so on
Then you move to weekly you tie 50% Fibonacci of the monthly range and that's yiur weekly line drawn.
After that you move to daily and 4H time frame and look for any forex patterns that may appear such as Head and shoulders or channel or triangle etc... once you spot that make sure you only stay on 4H and below such as 15 minutes and look for an order block which is the last bullish or bearish candle depending on the trend.
Make sure once you spot it on 4H or 1H try to filter out to see if they also make sense in 15-30min timeframes
Once they male sense now take your Fibonacci from the lowest or hifhted point where the market shifted to the high or lowest point of the current trading pattern the look for your premium area such as 70.5 or 79.0 Fibonacci levels and that where entry will occur
Stop loss will be 30 pips from the wick of the ob candle if it's an indecisive candle or 20 pips from the close of the ob candle of it's and normal full candle.
Then tp1 will be 50% of the range and tp2 will be where the market previously fell from and break structure
Software functionalities:
1. Take maximum of 5 trades only despite the account size
2. Risk only 15% of the available balance
3. Stop loss set at 30 pips for currencies and 110 points for indices
4. Must be link with an economic calendar to warn the clients for an upcoming economic events ( when sees patters must take trades 90 secs before the news )
5. High timeframe filter ( acknowledge daily and 4H time frame before taking trades )
6. Must have key 🔑 so that only one user per EA. I will provide the api as I’m a developer too we will work on this together
7. Lot-sizing Method - select the lot sizing method by choice but automatically set it to a 15%risk of the account depending on stop loss
8. stop loss is set 30 pips from the close of the order block candle if it is an undecisive candle and 20 pips if it is a full candle.
13. will calculate risk automatically for you
14. Fixed Lot - fixed trading lot
15. Dynamic Lot - balance/equity to be used per 0.01
16. currency maximum spread before taking a trade must be less than 40 for gold less than 80
17. find order block on 4h and filter it to 15 min if it makes sense
19. position closing tp1 and tp2 (tp1 is set at 50pips and tp2 at 83pips)
20. Maximum Slippage for a non-ECN acc, in pips -
21. must only allow maximum of 3 account/ 1 demo and 2 lives
22. Maximum Symbols at a time - 5 or less symbol or instrument at a time
23. number of symbols that can be opened at the
24. same time all symbole can open multiple charts
25. Allow to Buy/Sell - trades
26. Maximum Drawdown Percent - if current floating
27. drawdown exceeds the specified % the EA will pause
29. Only open trades if the account is above $50 or R750
30. Must be able to work on MT4 and MT5 and mobile also
must also have trading signature as well as the logo of the company on the right far bottom of the screen interface
print, tps stop loss and buy or sell on entry after or before trades are taken
1. Psychological round numbers: 250, 500, 750 and 1000. You will round price of charts according to which number above is closer to.
You will need a minimum of 3 touch on the wicks of te candles and place the horizontal line on the lowest wick/s. You will have to find the top 3 wicks and bottom 3 e wicks the range or gap between the two horizontal lines must me 900 pips or below.
Make sure you change the prices of tgese horizontal lines to a closest psychological round number
Ex: if the price is 145.167 you will round it to 145.250
If it's 145.367 you will round it to 145.500 and so on
Then you move to weekly you tie 50% Fibonacci of the monthly range and that's yiur weekly line drawn.
After that you move to daily and 4H time frame and look for any forex patterns that may appear such as Head and shoulders or channel or triangle etc... once you spot that make sure you only stay on 4H and below such as 15 minutes and look for an order block which is the last bullish or bearish candle depending on the trend.
Make sure once you spot it on 4H or 1H try to filter out to see if they also make sense in 15-30min timeframes
Once they male sense now take your Fibonacci from the lowest or hifhted point where the market shifted to the high or lowest point of the current trading pattern the look for your premium area such as 70.5 or 79.0 Fibonacci levels and that where entry will occur
Stop loss will be 30 pips from the wick of the ob candle if it's an indecisive candle or 20 pips from the close of the ob candle of it's and normal full candle.
Then tp1 will be 50% of the range and tp2 will be where the market previously fell from and break structure
Software functionalities:
1. Take maximum of 5 trades only despite the account size
2. Risk only 15% of the available balance
3. Stop loss set at 30 pips for currencies and 110 points for indices
4. Must be link with an economic calendar to warn the clients for an upcoming economic events ( when sees patters must take trades 90 secs before the news )
5. High timeframe filter ( acknowledge daily and 4H time frame before taking trades )
6. Must have key 🔑 so that only one user per EA. I will provide the api as I’m a developer too we will work on this together
7. Lot-sizing Method - select the lot sizing method by choice but automatically set it to a 15%risk of the account depending on stop loss
8. stop loss is set 30 pips from the close of the order block candle if it is an undecisive candle and 20 pips if it is a full candle.
13. will calculate risk automatically for you
14. Fixed Lot - fixed trading lot
15. Dynamic Lot - balance/equity to be used per 0.01
16. currency maximum spread before taking a trade must be less than 40 for gold less than 80
17. find order block on 4h and filter it to 15 min if it makes sense
19. position closing tp1 and tp2 (tp1 is set at 50pips and tp2 at 83pips)
20. Maximum Slippage for a non-ECN acc, in pips -
21. must only allow maximum of 3 account/ 1 demo and 2 lives
22. Maximum Symbols at a time - 5 or less symbol or instrument at a time
23. number of symbols that can be opened at the
24. same time all symbole can open multiple charts
25. Allow to Buy/Sell - trades
26. Maximum Drawdown Percent - if current floating
27. drawdown exceeds the specified % the EA will pause
29. Only open trades if the account is above $50 or R750
30. Must be able to work on MT4 and MT5 and mobile also
must also have trading signature as well as the logo of the company on the right far bottom of the screen interface
print, tps stop loss and buy or sell on entry after or before trades are taken
Responded
1
Rating
Projects
21
19%
Arbitration
5
40%
/
40%
Overdue
0
Free
2
Rating
Projects
35
23%
Arbitration
4
0%
/
50%
Overdue
2
6%
Working
3
Rating
Projects
7
57%
Arbitration
1
100%
/
0%
Overdue
0
Free
4
Rating
Projects
68
25%
Arbitration
12
42%
/
42%
Overdue
4
6%
Free
5
Rating
Projects
80
6%
Arbitration
46
11%
/
54%
Overdue
7
9%
Working
6
Rating
Projects
209
61%
Arbitration
10
80%
/
0%
Overdue
0
Free
Published: 1 code
7
Rating
Projects
0
0%
Arbitration
4
0%
/
75%
Overdue
0
Free
8
Rating
Projects
91
52%
Arbitration
2
0%
/
50%
Overdue
1
1%
Free
9
Rating
Projects
0
0%
Arbitration
0
Overdue
0
Free
Published: 9 codes
10
Rating
Projects
17
29%
Arbitration
5
20%
/
40%
Overdue
1
6%
Free
11
Rating
Projects
1
0%
Arbitration
3
0%
/
100%
Overdue
0
Free
12
Rating
Projects
91
13%
Arbitration
34
26%
/
59%
Overdue
37
41%
Free
13
Rating
Projects
2
0%
Arbitration
2
50%
/
50%
Overdue
0
Free
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Project information
Budget
500 - 1000 USD
Deadline
to 15 day(s)