FreelanceSections

MQL5 EA for Candle Wick & Body Ratios

MQL5 Experts Forex Trading robot/indicator debugging Statistics and mathematics Panels and dialog boxes

Job finished

Execution time 3 days
Feedback from customer
Ifeanyi was a pleasure to work with. Fast, reliable, clear and helpful in all manners. Definitely recommended.

Specification

I'm looking for an MQL5 expert to develop a trading EA that uses the ratio of candle wicks to body sizes to automatically enter and exit trades.

Key features should include:

- Trading period: Trades only London and NY session (trades occur ONLY between 4 am - 4 pm, London time, trades entered during this window may run out of this window, until SL is hit)

- Autopilot function: The EA should handle trade entries without manual intervention. Trade exits are only by hitting trailing SL.

- Trade criteria: Trades should only be placed based on specific, pre-defined ratios of candle wicks to body sizes. It should buy and sell if wick criteria is met on both sides of the candles.

- Trailing stop: The EA should implement a trailing stop for each trade, below or above candle wicks and move to new wicks as new candles occur.

- Trade panel: A user-friendly trade panel to set lot sizes/determine risk per trade based on account size.

- Default behavior: If trade criteria are not met, the EA should simply wait for the next candle.

An understanding of ratio-based trading strategies, MQL5 programming, and experience with developing EAs for MetaTrader 5 would be ideal.

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Project information

Budget
50+ USD
Deadline
to 100 day(s)