Looking for experienced programmer to create an EA using Heiken Ashi and Parabolic SAR for MT5

MQL5 Experts

Job finished

Execution time 10 hours
Feedback from customer
Great developer.
Feedback from employee
Good employer! Thank you :)

Specification

🔻 Sell Order - Conditions to Place the Order:

Both conditions must be met to execute a sell order:

Condition 1:

  • After a doji bar, if the next two bars (or a configurable number of bars) are bearish and have no upper wicks:
    • Open a sell trade when the second bearish bar (or the final bar in the sequence) closes.

Condition 2:

  • The Parabolic SAR indicator must be above the bars when entering the trade.
Condition 3: entry should be within first 5 Parabolic dots or let me define it



🔺 Buy Order - Conditions to Place the Order:

velowconditions must be met to execute a buy order:

Condition 1:

  • After a doji bar, if the next two bars (or a configurable number of bars) are bullish and have no lower wicks:
    • Open a buy trade when the second bullish bar (or the last bar in the sequence) closes.

Condition 2:

  • The Parabolic SAR indicator must be below the bars when entering the trade.
Condition 3: entry should be within first 5 Parabolic dots or let me define it

⚙️ Trade Management:

  • Risk-Reward Ratio (RR):

    • Default RR is set to 1:2, but it must be configurable.
    • add a feild to set offset for the stoploss
  • Risk Calculation:

    • Risk percentage should be calculated based on the account balance.
  • Stop Loss Placement:

    • Place the stop loss two bars behind the entry bar, with this number being configurable.
  • Trailing Stop Options:

    • Add an option for a trailing stop, with configurable settings:
      • Example 1: When the RR hits 1:2, move the stop loss to 1R.
      • Example 2: When the RR hits 1:2, move the stop loss to break even.
    • When the trailing stop option is enabled, Default fixed RR should be disabled
  • Trading Hours:

    • Trading hours should be configurable.
  • Trade Limits:

    • Only a defined number of trades can be active simultaneously (e.g., a maximum of 5 trades). No new trades should trigger until the previous trades close.



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Project information

Budget
30 - 50 USD