Request to Develop MT4 Expert Advisor (EA) – Trading Based on MACD Histogram V/Inverted-V + Volume Strategy

MQL4 Experts Forex

Job finished

Execution time 14 hours

Specification


Request to Develop MT4 Expert Advisor (EA) – Trading Based on MACD Histogram V/Inverted-V + Volume Strategy




1. Strategy Description:



The EA will trade based on signals generated from:


  • MACD Histogram shape (forming a V or inverted V)
  • Volume condition comparing the current candle to the previous one




2. Entry Conditions:



Buy Entry:


  • MACD Histogram forms a V shape:
    • MACD[2] > MACD[1] && MACD[0] > MACD[1]
  • Current candle volume (Volume[0]) is greater than 1.2x the previous candle volume (Volume[1])
  • If a Sell trade is currently open, close it before opening a new Buy trade



Sell Entry:


  • MACD Histogram forms an inverted V shape:
    • MACD[2] < MACD[1] && MACD[0] < MACD[1]
  • Current candle volume (Volume[0]) is greater than 1.2x the previous candle volume (Volume[1])
  • If a Buy trade is currently open, close it before opening a new Sell trade




3. Trade Management:



  • Only one trade open at a time
  • If an opposite signal appears, close current trade and open a new one in the opposite direction
  • Add a minimum signal interval of 10 candles between trades (customizable via SignalGap parameter)
  • Trailing Stop: The Stop Loss should trail by 50 pips every time the price moves in favor by 50 pips
  • Fixed Stop Loss and Take Profit: 100 pips each
  • Trade lot size: 0.05 (customizable)


5. Platform:



  • MetaTrader 4 (MT4)
  • The EA should work on any symbol and timeframe


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Budget
30 - 100 USD