Simple Breakout EA

MQL4 Experts

Job finished

Execution time 14 minutes
Feedback from employee
Excellent, co operative and trusted customer. I will like to do more jobs for him in future.
Feedback from customer
Did an excellent job and delivered very quickly. Was responsive and helpful with all of my questions.

Specification

A. This EA would allow me to set a time frame (H1) to monitor a candle or candles i.e. 14:00, or 0:00 to 2:00, looking at the Ask price.

B. After the time frame completes, the EA would automatically place two orders: 

  1. A limit buy order A (variable) pips above the high of the time frame, with a stop loss at the low of the time frame, and a profit target of Y (variable) pips. 
  2. A limit sell order B (variable) pips below the low of the time frame, with a stop loss 5 pips above the high of the time frame, and a profit target of Z (variable) pips.
  3. The EA would treat these orders as One-Cancels-The-Other, or when one order fills, the other unfilled order is automatically cancelled.
  4. These trades would be opened using the Ask price.

C. The EA would allow me to specify forex lot/unit sizes in whole numbers (not decimals) i.e. 2500, 10000, 50000 etc.

D. The EA would be for MT4, trading with Oanda.

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Project information

Budget
50 - 150 USD
Deadline
from 5 to 15 day(s)