EA based on zigzag indicator and fibbonacci extension

MQL4 Experts

Job finished

Execution time 19 days

Specification

Hello developers.

I need an exper advisor based on zigzag indicator ( standard settings) and   fibbonacci extension. It will be used to trade head and shoulders patterns see image 123

 

 

The logic will be the same as EA OPTO 123 v 5.2  see attachment, however the stop loss and take profit will be different. 

Entry rules:

1. Zigzag indicator settings Deptch 12, Dev 5, Backstep 3 

2. Last swing must be lower than previous

3.Entry on breakout current swing ( see images) adjustable buffer in pips. opening two orders. Lot size adjustable manually

4.Stop loss below or above current swing ( adjustable in pips) 

5.First take profit when price reaches 161.8 fibbo extension level closing one order, and stop loss move to entry.

6. Second take profit when  price reaches 261.8 fibbo extension

 

Possibility to add another MM rules on different  levels in the future.

 

 

break ea1 

break ea2 

Files:

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Project information

Budget
50- USD
Deadline
to 30 day(s)