FreelanceSections

A MT4 Scalper EA Needed

MQL4 Experts Trading robot/indicator debugging Strategy optimization C++

Job finished

Execution time 8 days
Feedback from customer
Ahmed is a friendly and skilled developer, swiftly understood my needs. He exceeded expectations with a professional and collaborative approach. Highly recommended!
Feedback from employee
Grateful for the opportunity to work with you! Your vision fueled this project's success. Thanks for your trust and collaboration

Specification

These are the required parameters:

1. Lot Size - fixed size (0.01)
2. TP - in Points

3. Period of time to start Net-Zero: ie 24 hours from 1st trade (in hours)


1. The idea of the trading system is as follows: market entries are performed every new candle of the timeframe of the chart in the trend direction with TP set according to to TP set by user.

2. Trend is determined by testing the exact same scalp strategy on the currency pair D -1, recording the draw-down of all trades of both directions.

3. Trading Signals:
Buy signal: Every new candle, and draw-down D-1 of long is less than draw-down D -1 of short.

Sell signal: Every new candle, and draw-down D-1 of short is less than draw-down D -1 of long.

4. Positions are closed when it hit the TP set. When the market moves against the trend, keep the position open until TP or do net-zero when it exceeds the period set in the parameters.

5. Positions are opened at the market price, when a new bar emerges. The Expert Advisor is to be tested using Open prices.

6. Close by Take Profit — during position opening, a Take Profit level is set at a fixed distance with parameters from the open price, specified in points.

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Project information

Budget
30 - 200 USD