Create EA from two indicators for MT4

MQL4 Experts

Job finished

Execution time 19 hours
Feedback from customer
Is been the best with who to work with...he delivered the job very fast and no mistake. Very happy to work again with you
Feedback from employee
Very good customer, I really enjoyed working with you.

Specification

I would like to develop an Expert Advisor with the following rules and features:

1️⃣ Trade Signals

  1. Indicator A: when it generates a signal, the possibility to open a trade is activated.

  2. Indicator B: must confirm the signal within a maximum of 10 candles from Indicator A.

    • Important: The signal from Indicator B is valid only after the candle that generates it has closed. Open candles do not generate a valid confirmation.

2️⃣ Confirmation Candle Filter

  • Measure the size of the confirmation candle of Indicator B (high - low in pips).

  • If the candle exceeds a user-configurable maximum value, do not open the trade.

  • This avoids entries on overly large candles, which often anticipate retracements.

3️⃣ Stop Loss / Take Profit

  • SL:

    • Default below the lowest of the last 10 candles (long) or above the highest of the last 10 candles (short).

    • Ability to add a user-configurable buffer.

    • Ability to set the stop in pips instead of using the min/max of the last 10 candles.

  • TP:

    • Default twice the stop loss, but both SL and TP can be manually modified by the user before opening the trade.

    • Ability to set take profit directly in pips as a user-configurable input.

  • Trailing Stop: optional, configurable by the user.

  • Break-even: move SL to breakeven after a certain number of pips of profit (configurable input).

4️⃣ Money Management

  • Lot size:

    • Fixed lot

    • Percentage of account balance/risk (% risk per trade)

  • Max daily profit: block new trades if reached.

  • Max daily loss: block new trades if reached.

5️⃣ News Filter

  • Do not open trades during major economic events.

  • Ability to select the impact level (high, medium, low).

  • Optional post-news timeout configurable by the user.

6️⃣ Additional Parameters

  • Magic Number: specific (e.g., 123456).

  • Ability to enable/disable all advanced features by the user.

  • Logging of trades, signals, and parameters used (optional for debugging and optimization).


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Project information

Budget
30+ USD