Simple double supertrend EA

MQL5 Experts Forex

Job finished

Execution time 1 hour
Feedback from customer
very fast, profesional job , without any issues or remarks needed!
Feedback from employee
Thanks so much!!!!!

Specification

EA for MT5  , using these conditions:

EA will use  indicators, which would be adjustable.


Supertrend 1- period (1-20), multiplier (1-5)    - settings adjustable. + On/off 
Supertrend 2 - period (1-20), multiplier (1-5)    - settings adjustable. + On/off 



-All indicators will be automatically drawn on the chart during EA usage

-EA will drawn a Statistics box in the upper left corner of the chart ( Basic info: trades per day/week ; succes rate, profit)

Trading conditions:


BUY - when all used ( based on which i will turn on,) signalize buy signal 
SELL- when all used ( based on which i will turn on,) signalize sell signal 


Trade setting and closing:

Take Profit -  1 - fixed in pips
   or          2 - when faster supertrend changes signal ( for example: long position closed when faster supertred became short signal after bar is closed)


Stop loss –  1 -  fixed in pips
or
             2– line of closest (fastest)  supertrend ( each position SL have different SL, which will be defined by first supertrend line)

Important: when using SL as line of supertrend - position size needs to be adjusted . For example
- fixed SL 20 pips = Defined % risk per trade is 0,5%  for example 2000us for this SL. 
- supertrend SL - is calculated for example 40 pips = defined  % per trade is still 0,5%, but risking only 1000 USD 



Trailing SL settable.  – trigger point settable


Position sizing:

- risk % of account balance - i can set up how much i want risk per trade = % from balance. for example: balance is 10 000 , 1% risk is 100


- options for chosing trading days/hours - to avoid weekend slippage or news releases. 

For example: 
- allow trading on Monday: 06:00 – 14:15  ;  14:45 – 15:55; 16:05-22:00


Closing option
- Close all trades on certain time – for example – close on Tuesday 21:59

- Daily limitation: when EA will lose for example 3% in this trading day - no more trades are allowed - EA will continue trading next day


EA- can only have opened 1 active trade – no parallel trades




 

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Project information

Budget
50+ USD
Deadline
from 1 to 3 day(s)