I need an EA based on MACD histograms across multiple timeframes

Specification

Strategy Overview:

  • The EA uses a multi-timeframe approach based on the Moving Average Convergence Divergence (MACD) indicator.
  • The EA will analyze MACD on the following timeframes: M1, M5, M15, M30, and H1.
  • A buy signal is generated if the MACD on all these timeframes is above zero.
  • A sell signal is generated if the MACD on all these timeframes is below zero.
  • Only one trade should be opened per signal.

Trade Entry and Exit:

  • Single Trade Per Signal: The EA should open only one trade per signal. After a trade is closed (either by stop-loss or take-profit), the EA should wait for a fresh signal (MACD crossing zero on all timeframes again) to enter a new trade.

  • Stop-Loss and Take-Profit: The EA will use a fixed 1:10 risk-to-reward ratio:

    • Stop-Loss (SL): Default SL is set at 20 pips.
    • Take-Profit (TP): Default TP is set at 200 pips.
  • Lot Size:

    • Manual or Automatic:
      • Manual: The user can set the lot size manually.
      • Automatic: The EA will automatically calculate the lot size based on the SL distance and account balance to risk the entire balance in one trade.
        • Example: If SL is 20 pips and the balance is $100, the EA will calculate the lot size to ensure a $100 loss if SL is reached.

Account and Risk Management:

  • The EA is designed for a "one-shot" strategy:
    • The process begins with an initial deposit of $100, which will be used to place an all-in trade.
    • If the trade is successful (hits TP), the balance should grow to approximately $1,000.
    • If the trade hits SL, the EA should stop trading, and I will manually redeposit $100 and re-enable the EA to repeat the process.
    • Once the balance reaches $1,000, the target will shift to $10,000. With only two successful trades, $100 can potentially grow to $10,000.

On-Screen Display of Conditions (Table Format):

  • The EA should display a table on the screen, showing the current MACD condition for each timeframe (M1, M5, M15, M30, H1).

  • The table example:

    Timeframe Condition
    M1 ⬆️ (Green Arrow if MACD above 0)
    M5 ⬆️
    M15 ⬇️ (Red Arrow if MACD below 0)
    M30 ⬇️
    H1 ⬇️
  • This table will provide a clear, at-a-glance view of the alignment across all timeframes, making it easy to monitor the conditions before a trade is triggered



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Project information

Budget
30 - 200 USD
Deadline
from 1 to 3 day(s)