i need to build an EA BASED ON CANDLESTICKS
3 patterns are specified for entry rules
1- engulfing Candlestick
- properties of this Candlestick Pattern
- small wick candle
- wicks shouldn't exceed 50%
ENTRY rules based on engulfing Candlestick:
CASE 1
- the Engulfing candlestick is 2.5 times or less than the previous Candlestick
straightforward entry
CASE 2
- if the engulfing Candlestick is 2.5 times or more than the previous Candlestick(which we shall call HULK) the code look back 15 candle searching for a similar Engulfing candle in size
if found
the EA enters a trade in the direction of HULK candle
CASE 3
- if the Engulfing candle has a wick pointing in the other direction of the candle and the wick is 50% of the candle
than the code reads the volume on the engulfing Candlestick and the candle before it if the volume Engulfing is bigger than the previous candle then the EA should execute a trade in the direction of the engulfing candle
=================================================================================================================================
2ND CANDLE
HARAMI CANDLE :
The Pregnant Woman candle is a reversal pattern consisting of two candles, a candle in the direction of the trend, which is medium in size and is called the Pregnant Woman, followed by a candle called the Fetus Candle.
PATTERN CONDITIONS
- small fetus candle
- wicks of pregnant candle is not over 2.5 times the size of fetus candle
- pregnant candle should be a high liquidity candle
- wicks of pregnant candle shouldn't exceed 70% of the whole candle
ENTRY RULES BASED ON THE PATTERN :
one case of entry is to read and match the volume of the fetus candle vs the pregnant candle if the volume of the fetus is larger the EA execute a trade with the new direction
==================================================================================================================================================
MORNING AND EVENING STAR CANDLE :
The morning and evening candle pattern is a pattern consisting of three candles. In the case of the morning, the first candle is bullish, then it is followed by a relatively small candle that is most likely a Doji or close to it, then the third candle is bearish.
As for the evening candle, it is exactly the opposite, as it is a bearish candle, followed by a relatively small candle, a Doji or close to a Doji, then a bullish engulfing candle.
ENTRY RULES :
the EA execute a trade as soon as the pattern is confirmed
====================================================================================================================================================
don't trade if :
If one of the three models previously explained in all its conditions appears in a sideways trend (range)
If the pattern appears in a wave reversing the trend and this wave consists of 3 candles or less, the candles are calculated from the top or bottom.
STOP LOSS IS ABOVE OR BELOW THE OPENING OF THE CANDLESTICKS
TAKE PROFIT IS BASED ON RISK TO REWARD RATIO
Similar orders
hello great developer i want to fix this script This arrow shouldn’t of printed because the renko brick ended red{ check the image} One other guy said this ‘okay I am seeing, arrow sticks because your code plots it conditionally but never deletes it later. This is expected behavior unless you add cleanup logic like -- Chart.RemoveObject(...) for outdated arrows... not sure if you understand the technical parts
im looking for a developer to build a fully automated trading robot Expert Advisor for Metatrader 5. The EA must do the following open buy sell orders based on a custom strategy details below place take profit and stop loss automatically Lot size should be adjustable Should avoid overtrading e.g. max 3 trades per day Close trades automatically based on criteria Work on multiple pairs if possible News filler optional
I need an Expert advisor (EA) for metatrader 5 (MT5), coded in MQL5. The EA should open and close trades based on the RSI indicator. A buy trade is triggered when RSI crosses below 30 and then moves back above it. A sell trade when RSI crosses above 70 and then drops below. The EA must include customizable input settings such as RSI period, lot size, stop loss, take profit, maximum number of trades, and trading time
I'm looking for a professional MQL developer to convert an Indicator codes (Pine Script) from TradingView to MQL5 and modifying it , It's based on FVG and OB indicator in tradingview
hello great developer i want to fix this script This arrow shouldn’t of printed because the renko brick ended red{ check the image} One other guy said this ‘okay I am seeing, arrow sticks because your code plots it conditionally but never deletes it later. This is expected behavior unless you add cleanup logic like -- Chart.RemoveObject(...) for outdated arrows... not sure if you understand the technical parts
hello coders , i want you to create a trading bot in mt5. i have the pinescript code for the strategy. the trading bot is a type of scalping bot hence the entry and exit would be very fast typically in the same candle and within 20 seconds. so if anyone can help me in creating i would be very muh happy
I’m looking for an experienced MQL5 developer to build a fully custom Expert Advisor (EA) for MT5. The EA should combine two integrated strategies: Session-Based Breakout System, using the opening range of a defined market session to detect and trade breakout-retest setups on lower timeframes. Multi-Timeframe Reversal Strategy, incorporating RSI-based exhaustion signals, candlestick confirmations, and automated
This Expert Advisor (EA) is based on the 'Liquidity Sweep + Momentum Shift' scalping strategy, built for EURUSD, XAUUSD (Gold), and NAS100 (NASDAQ). It is designed to trade on the 5-minute (M5) timeframe, identifying high-probability reversals following liquidity grabs. The EA must scan for trades continuously and may execute up to 10 trades per symbol per day, depending on conditions met. 2. Symbols and Timeframes -
Two EAs previously developed by developers one from HongKong and another from Nigeria. Need to first cross verify whether they did right coding or not? If no, report those errors, fix them. If yes, carry on for creating combined EA to achieve main purpose of making this new EA profitable along with fresh coding of entry logics
Project Title: Supertrend EA with M30 Entry and M15 Exit Developer Requirements: Must have experience with Supertrend indicator customization Proven track record of developing multi-timeframe EAs Ability to provide backtest reports Strategy Specifications Entry Conditions (M30 Timeframe): BUY when price crosses ABOVE Supertrend line SELL when price crosses BELOW Supertrend line Input parameters for ATR period
All orders
Rules
