Additional feature to existing EA

MQL5 Experts

Job finished

Execution time 30 days

Specification

 I have attached the EA.  (it is tick counting EA).

 

1. True/False option:  IF there is a fast big pips move before my trade condition is met - trade only direction of the big move.

 

If input is set to TRUE: If the market makes a fast, big move down, I do NOT want to enter a buy if trade condition for buy is met.  Only enter a sell if condition for sell is met.

 

E.g. Market goes lower by minimum 8 pips (min_pips_fast_move) and this 8 pips move happens within 120 seconds before my trade condition is met (seconds_limit_before_trade). If condition for Buy is met, do NOT enter the trade.  Only enter Sell if Sell condition is met (because big move was lower).

 

Note 1: If we do not have a fast and large pips movement just before entry of order, either Buy or Sell can be used, if trade condition is met.

 

Note 2: If the market goes lower by at least 8 pips within 120 seconds before we enter the trade AND within SAME 120 seconds the market then goes up at least 8 pips, then we enter a Buy NOT a Sell (assuming condition for Buy entry is met).  The LAST move of at least 8 pips within the time limit 120 seconds before the trade gives us the direction for the trade.

  

Note 3:  the EA is counting TICKS.  However this feature you are adding is PIPS feature. (10 ticks = 1 pip)

 

Add a clock for trade hours.  Start_Trade_GMT e.g. = 09:30 and  Stop_Trade_GMT e.g. = 14:00

 

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Project information

Budget
15 - 25 USD
Deadline
from 1 to 3 day(s)