"Please code an Expert Advisor (EA) for MT5/MT4 based on this exact logic."

Specification

🔍 Strategy Logic

📌 Indicators Used

  • 21 EMA

  • RSI (Upper Level: 61, Lower Level: 39 – Customizable)

📈 Buy Side Setup (Long Entry)

Step 1 – Trend Confirmation

  • A Green candle must close above 21 EMA.

Step 2 – Pattern Formation

  • After the green candle, observe next 4 candles.

  • At least one Red candle must form (opposite candle).

  • That Red candle must also close above EMA.

Step 3 – Key Level Marking

  • Mark the High of the Red candle.

Step 4 – Entry Condition

  • If Red candle High breaks within next 3 candles

  • AND RSI ≥ 61

  • ✔ Then: ➔ BUY Trade Execute

Setup Cancellation Rules

  • If no Red candle forms ➔ Setup Invalid

  • If Red candle closes below EMA ➔ Setup Cancel

  • If breakout does not happen within 3 candles ➔ Setup Cancel

  • If RSI < 61 ➔ Trade Denied

📉 Sell Side Setup (Short Entry)

Step 1 – Trend Confirmation

  • A Red candle must close below 21 EMA.

Step 2 – Pattern Formation

  • Observe next 4 candles.

  • At least one Green candle must form.

Step 3 – Key Level Marking

  • Mark the Low of the Green candle.

Step 4 – Entry Condition

  • If Green candle Low breaks within next 3 candles

  • AND RSI ≤ 39

  • ✔ Then: ➔ SELL Trade Execute

Setup Cancellation Rules

  • If no Green candle forms ➔ Setup Invalid

  • If candle closes above EMA ➔ Setup Cancel

  • If breakout not within 3 candles ➔ Setup Cancel

  • If RSI > 39 ➔ Trade Denied



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Project information

Budget
30 - 50 USD
Deadline
from 1 to 10 day(s)

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