FreelanceSections

MT5 EA simple rules (MA, ATR, Engulfing pattern, RSI)

MQL5 Experts

Job finished

Execution time 20 hours
Feedback from customer
Very professional! Quality code!
Feedback from employee
Great client. Thank you.

Specification

Hello, developers.

I'm looking for some helps.

EA works on MT5:

1._ I'd like to pick the currency, the timeframe and the schedule (for example, do not open trades 4h before markets close).

2._ It can open more trades even if previous trades are open.

3._ Setup:
3.1_ Buying engulfing pattern for selling above MM (I select the value for MM).
3.2_ Whole range of engulfing pattern above a multiplier "x" of ATR (ATR according to current TF).
3.3_ RSI above certain parameter given by me.

4._ When signal, TP = open of engulfing candle, SL = "Y" times that TP distance.

5._ The body of the engulfing candle has to be higer than Z percentage of the candle range (I want to set this value also).

6._ Risk management based on a percentage of balance.

7._ If profit equals certain amount of TP (40%, 50%, I want to pick this value, then SL = BE + commision).

Opposite logic for buying signals.

Files:

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Project information

Budget
30+ USD
Deadline
from 1 to 10 day(s)