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Customer 2016.10.18 23:56 10 - 50 USD   from 1 to 5 day(s)

 

hi, This strategy works on engulfing pattern with specifc money managemnt

++ Open buy postion

1-   We have bearish candle (1), and then a bullish candle (2) appears and has a bigger body (bullish engulfing pattern)

2-   This happens above sma 50 15min ( filter1)

3-    This happens above sma 50 30min (filter2)

 ++ close buy postion

Close on Take profit or SL

 ++The sell position is the opposite of buy

Default parameters ( extern )

 Max open position per pair

Max open position of all pairs

Trading hours : begin and end ( True/false)

filters 1,2 ( True/false)

body of candle (1) ex : 5 pips

 

Money management

 

This system work in a sequence, the sequence ends after we have 2 consecutive gains

In normal situations ( only gains) we enter with 1 unit

But  after we have a loss, we will wait untill the first gain, and then we will add 1 unit on next trade so that if we close on TP, we will end with a profit of 1 unit ( loss of 1 unit and gain of 2 units )

So EA make entry according to lot*unit

( ex : lot=0.1 and unit = 2 so entry should be 0.1*2= 0.2lot )

Look to attached image for better undestanding

 

Once approved, i will provide you with any clarification needed.

Good luck !



Experts, MQL4
Job completed in 3 days. Budget: 40.00 USD
2016.10.23
: excellent coder, fast and good communicator !
2016.10.23
: Excellent customer! Clear specification.

Developer 2016.10.19 02:23
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