A simple trading robot based on counting and sorting candlesticks

MQL5 Experts

Job finished

Execution time 2 days
Feedback from customer
Timely, fixed issues as they arose, was communicative and efficient. 5 stars.

Specification

I require an English speaking programmer to create the following robot:

Brief overview:

  • The program primarily operates just after the open of a new candle on the chart it is attached to.

  • On new candle opening, previous candles over a user defined period are checked.

  • If the number of candles closing with a price rise equal or exceed a given number, the market is considered “Overbought” and the program opens a buy or sell.

  • Likewise if a given number of candles in the recent period have closed with a price fall, the market is considered “Oversold” and the program opens a buy or sell.

  • New trades are only opened if current spread, time, and day specifications are met.

  • Trades are closed any time they reach a Take profit, a Stop loss or a new candle opens and the market is no longer considered only overbought, or only oversold.



On completion of the project, I would like the source code to be provided.

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Developer 1
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Developer 5
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Published: 1 code
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Developer 8
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Developer 15
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Project information

Budget
30 - 50 USD
Deadline
from 5 to 10 day(s)