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How to Order a Trading Robot in MQL5 and MQL4
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i need someone that can make me an EA really easy with the martingala system?, I am looking for something that doesn't exceed 5 trades for the martingale, I think I did it, but it only works for propfirms, So i need to develop it on ninja trader
I have identified a very very simple strategy but it only works on propfirms, with only two propfirm accounts, i absolutely need account A and account, And they have to open the trades on 1 account and then immediately on the other one, For example if we have TP on account A, we stop and do not trade that day, Let's move on to account B, if we have a TP we also don't trade anymore, if we have an SL then we continue to trade
We put the Pivot point and when we have the 1 hour Candle Who faillure tò pass the Pivot, the price touch the middle of that Candle we enter on the faillure of the position. Simply, But with the martingale concept, not really increasing by two but continuing to open the trade in the opposite direction if it touches the SL,
It sounds complicated, but it's actually very simple. Really, really simple.
But very effective by exploiting the two accounts (A and B) of the propfirm, The first withdrawal occurs within about a month and a half
Here is the text of the strategy:
1- We set the daily pivot points, which must be the same even on the smaller timeframes.
2- We identify the one-hour candlestick touching our resistance pivots (R line). The candlestick's shadow must touch a line and close with its body below the line, with its entire body. It's important that the candlestick has touched and rejected only one line; if its body has touched two or more lines, we ignore it, i mean pivots line.
3- Once a candlestick has rejected, touching the R line and closing below it, we draw a rectangle identifying it on both the one-hour and smaller timeframes. We always wait for the candlestick to close. The box must have the midpoint line drawn because it will be our SL.
4 – As soon as we identify the 1-hour candle, we move to the 5-minute timeframe and wait for a candle that closes with a body below the low of the 1-hour candle (our rejection candle). Once we have a candle that closes with a body within the 5-minute timeframe, we wait for the price to return to our low of the 1-hour candle and immediately open the trade. Both the close of the 5-minute candle with a body below the low and the price's return to the low must occur within the next hour and no later. If the candle doesn't close with a body and the price doesn't return to touch the low of the 1-hour rejection candle, we don't open a trade.
5 – We said that our Entry Point is the low of the 1-hour rejection candle, while our SL is at the midpoint of the 1-hour candle. TP 1:1
6 – Important for Propfirms, i.e., trade management: We always have two accounts, account A and account B. As soon as a trade occurs, it immediately moves to account A. If it immediately reaches the TP, we move to account B and open the next trade in account B. If, however, an SL occurs immediately in account A, we immediately open the same trade in the opposite direction with the same trade size (not martingala double size). If we received a TP with this second trade in account B, we stop for the day. If, however, we also received an SL for account B, we reopen the trade in account A, with the same trade size, managing the SL and TP in the same way.
7 – Another important point is that once we have established that we do not open trades if the candlestick has rejected the Pivot Line, only on the S and R lines. 8. Give me the option to choose the trading sessions, whether I want to trade only in the Tokyo, London, New York, or all three sessions. I will send videos if needed
I have identified a very very simple strategy but it only works on propfirms, with only two propfirm accounts, i absolutely need account A and account, And they have to open the trades on 1 account and then immediately on the other one, For example if we have TP on account A, we stop and do not trade that day, Let's move on to account B, if we have a TP we also don't trade anymore, if we have an SL then we continue to trade
We put the Pivot point and when we have the 1 hour Candle Who faillure tò pass the Pivot, the price touch the middle of that Candle we enter on the faillure of the position. Simply, But with the martingale concept, not really increasing by two but continuing to open the trade in the opposite direction if it touches the SL,
It sounds complicated, but it's actually very simple. Really, really simple.
But very effective by exploiting the two accounts (A and B) of the propfirm, The first withdrawal occurs within about a month and a half
Here is the text of the strategy:
1- We set the daily pivot points, which must be the same even on the smaller timeframes.
2- We identify the one-hour candlestick touching our resistance pivots (R line). The candlestick's shadow must touch a line and close with its body below the line, with its entire body. It's important that the candlestick has touched and rejected only one line; if its body has touched two or more lines, we ignore it, i mean pivots line.
3- Once a candlestick has rejected, touching the R line and closing below it, we draw a rectangle identifying it on both the one-hour and smaller timeframes. We always wait for the candlestick to close. The box must have the midpoint line drawn because it will be our SL.
4 – As soon as we identify the 1-hour candle, we move to the 5-minute timeframe and wait for a candle that closes with a body below the low of the 1-hour candle (our rejection candle). Once we have a candle that closes with a body within the 5-minute timeframe, we wait for the price to return to our low of the 1-hour candle and immediately open the trade. Both the close of the 5-minute candle with a body below the low and the price's return to the low must occur within the next hour and no later. If the candle doesn't close with a body and the price doesn't return to touch the low of the 1-hour rejection candle, we don't open a trade.
5 – We said that our Entry Point is the low of the 1-hour rejection candle, while our SL is at the midpoint of the 1-hour candle. TP 1:1
6 – Important for Propfirms, i.e., trade management: We always have two accounts, account A and account B. As soon as a trade occurs, it immediately moves to account A. If it immediately reaches the TP, we move to account B and open the next trade in account B. If, however, an SL occurs immediately in account A, we immediately open the same trade in the opposite direction with the same trade size (not martingala double size). If we received a TP with this second trade in account B, we stop for the day. If, however, we also received an SL for account B, we reopen the trade in account A, with the same trade size, managing the SL and TP in the same way.
7 – Another important point is that once we have established that we do not open trades if the candlestick has rejected the Pivot Line, only on the S and R lines. 8. Give me the option to choose the trading sessions, whether I want to trade only in the Tokyo, London, New York, or all three sessions. I will send videos if needed
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Budget
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Deadline
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Arbitrage count0