Ichimoku EA

MQL4 Indicators Experts

Job finished

Execution time 20 hours
Feedback from customer
Best coder,very understanding,quick response,i would like to work with him again.
Feedback from employee
My first job with this guy. Very excellent customer!!! I am very pleased by this customer. I like to work with him again. Thank you !!!

Specification

Hi,

I need an EA which will work on the basis of detail given below:
SMA (simple moving average)

Inputs:

Indicator: Kijun sen/ SMA (Selectabe 1 by drop down)

Kijun sen or SMA value : 26
TP :    50
SL  : 0

Trail Stop level : 0/1/2
Lot size: 1
Increase Lot size : 1
Magic No:1234
Equity stop :  1000

EA will start trading on basis of Kijun sen (Ichimoku blue line). or SMA
When a candle will open below kijun sen or SMA and close above kijun sen/SMA then a buy entry will be taken exactly after closing above kijun sen/SMA.
If a candle is open above and is closed below kijun sen/SMA a sell entry will be taken by EA.

Take profit will be according to the inputs but

 

if trail stop is 0 entry is active then this buy entry either will be closed by TP or when a candle will be closed below kijun sen/SMA who's opening is above kijun sen/SMA and same time a new sell entry will be taken by EA.
condition for buy and sell entry will be same but it will only be executed in the same  time frame in which EA was applied supose M5. then it will work only according to the 5 minute chart.
If trail stop  input is 1 and stop loss =10 then as entry will active stop loss will be 10 pips away from entry level and mkt moves 10 pips below the entry level a stop loss will be switched exactly at sell price(entry level)  if trail stop is 2 in that case when mkt moves 20 pips from entry level then stop will be switched 10 pips down from entry level.

Suppose a candle was open above kijunsen and close below kijun sen.
Closing price is = 1.1220
a sell entry will will be active @ 1.1220
if trail stop is 0 then either entry will exit only on TP or when a candle will open below kijun sen and close above kijun sen.
if trail stop level is 1 and stop loss is 10 then when sell entry is taken @ 1.1220 SL will be 1.1230 as mkt comes to 1.1210 from 1.1220 stop will be switched to 1.1220
if trail stop level is 2 then when entry is taken @ 1.1220 stop will be 1.1230 but if mkt comes down to 1.1210 then stop will be switched from 1.1230 to 1.1220 if mkt comes more down to 1.1200 then stop will be switched to 1.1210.

Mean if stop trail=1 then stop will be switched once only

if stop trail is=2 then stop will trail twice.

if stop is 0 then sell entry will be closed as  candle is opened below kijun sen and close above kijunsen.( same for buy entry)

if increase lot size is 0 then it will repeat same lot size but if its .10 or 1 then every time when mkt will hit stop lot will be increased. 

I hope everything is clear.

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Project information

Budget
50 - 80 USD
For the developer
45 - 72 USD
Deadline
from 1 to 2 day(s)