Create a script when certain conditions are met

MQL5 Experts

Specification

Create a script. The purpose of the script is to catch changes in the trend and execute a trade. We will include a single indicator that is used as a signal. The stop loss is defined. Here is the blueprint:


The indicator is Donchain Channels. The parameters are Lenght 20, Offset: 0.

The timeframe is 1H. 

Instrument is EUR/USD.

Condition: use candle close as parameter to execute a BUY or SELL order. if the Donchain Channel brakes the Donchain line send BUY/SELL signal. See attached file for more clarification or message me.

Stop loss: Donchain Channel closes in the reverse direction.

Take profit: variable

Lot size: variable

Final step: Develop an App to send notification to Android phone when the condition is met.



The script needs to be accurately deployed and backtest to a demo account. The full source code for the App and the Script must be handed over to the customer after successful complition and all copyright is reserved by the customer.

Files:

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