FreelanceSections

Writing of an Expert Advisor

MQL5 Experts

Job finished

Execution time 1 day
Feedback from employee
Wonderful client it was good time to work with him..I expect to work for him again later on Thank you 🙏

Specification

I want to create a robot for trading gold.
Timeframe: M1.

Conditions for opening an order:

  • If the price is above EMA8, we look for buy opportunities.

  • If the next candle closes higher than the previous one, this is a signal to open a buy order with a 0.01 lot size.

  • If the price moves against us, we use a martingale strategy with a 1.25 multiplier.

  • The distance for opening a new order is 40 points. Or 4$

  • We close the order (basket) when a profit of $0.5 is reached.

After closing the basket, we again check EMA8, wait for the next candle to close higher than the previous one, and open a new order. The process repeats.

If the price is below EMA8, we look for sell opportunities. Everything works the same way, but in a mirrored manner for sell orders.

Do not trade:

  • 30 minutes before and after high-impact news

  • The first 15 minutes after the London market open

  • The first 15 minutes after the New York market open


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Project information

Budget
30+ USD