Ea candle breakout

MQL4 Experts

Job finished

Execution time 1 day

Specification

hi to all loook sor some who make me this EA

 

EA with the following parameters:

System: EA for MetaTrader4 / MQL4, delivering of the Source-Code

The EA have to work for all Forex and Indices

ea candel breakout

 

RISK MANAGEMENT:

use fibopivot ea setttings (ea is attached)


ENTRY SETTINGS:

if you have x candels (choosable in the settings) inside of a candel (main candel)

than this main candel is the breakout range


option 1: count the body of the candels which have to be inside the body of the main candel

option 2: count the whole candel + whicks which have to be inside the main candel + whick

option 3: count the body of the candels which have to be inside of the whole main candel + whick

option 4: count the candels + whicks which are smaller than the previous candel and inside the main candel + whick


SHORT ENTRY:

if the range is completed after x candels open position when the market value breaks thru

the lower range line


LONG ENTRY:

if the range is completed after x candels open position when the market value breaks thru

the upper range line


EXIT SETTINGS:

TAKE PROFIT:

option 1: fix value

option 2: ATR x multiplier

option 3: the range of the main candel x multiplier

option 4: use the distance of stop loss in stop loss option 4 


Partial close for all options of x% after the half distance of take profit(choosable in the settings)(true/false)

when partial close is reached than stop loss to breakeven


STOP LOSS:

option 1: fix value

option 2: ATR x multiplier

option 3: the opposite range line (short = upper range line / long = lower range line)

option 4: the last high (for short positions) or low (for long positions) (depend on the timeframe which have to be choosable in the settings) (use zigzag indi)


FILTER:

if the main candel is bearish than only make short positions (true/false)

if the main candel is bullish than only make long positions (true/false)


MA filter = if the market value is above ma line than only long positions / if the market value is below the ma line than only short positions


ADDITIONAL SETTINGS:

tradetime (choosable in the settings)

max. open position (choosable in the settings)

actual range counts older ranges will be ignored

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Project information

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Total: 59.5 - 119 USD
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Deadline
from 1 to 5 day(s)