MQL4 Expert Advisor Required – Arrow-Based Trading System

MQL4 Experts

Specification

I am looking for an experienced MQL4 developer to create an Expert Advisor (EA) based on signals from a custom indicator.

Requirements:

1.     The EA must use a single custom indicator that draws buy and sell arrows directly on the chart.

2.     When a buy arrow appears, the EA should wait until the current candle closes. If the arrow is still present after the candle closes, it should open a BUY trade.

3.     When a sell arrow appears, the EA should wait until the current candle closes. If the arrow is still present after the candle closes, it should open a SELL trade.

4.     Trades should be closed when the opposite signal appears (i.e., a sell arrow closes a buy trade, and vice versa).

5.     Stop Loss should be set at the most recent swing low for BUY trades and the most recent swing high for SELL trades.

Crucial Condition:

·        The EA MUST ONLY open trades if the corresponding arrow (buy or sell) is visible on the chart.

·        If no arrow is visible on the chart, the EA must not attempt to open any trades.

Background:

A previous attempt to develop this EA resulted in issues where trades were opened even when no arrow was visible on the chart. Therefore, ensuring that the EA strictly adheres to the above condition is essential.

If you are confident in your ability to resolve this issue and deliver a fully functional EA that operates correctly according to these specifications, please contact me.

 


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