Develop a simple EA for MT4 for Renko chart. I already have the Renko chart .ex4 file.

MQL4 Experts

Job finished

Execution time 5 days
Feedback from customer
Excellent programmer. Very good listener of the customer. Really great work and excellent coding of my EA. Thanks a lot.
Feedback from employee
Thank you very much.

Specification

The developer needs to develop a simple EA for MT4 for Renko chart as per rules below:-

1. Enter a position immediately on forming "N" number of bullish/bearish candle and exit on the same rule and enter new position. N can be 1,2 ,3,4....etc... that can be set in settings.

2. When a trade exits with a loss, reduce Auto Money Management setting:- "risk % of balance" by X times. If next consecutive trade exits again with a loss then again reduce "risk % of balance" by X times. If next consecutive trade exits again with a loss then again reduce "risk % of balance" by X times. This cycle continues for Y times, can be set in EA.

3. Restore earlier "risk % of balance" at stages when previous "Balance" is reached when "risk % of balance" was reduced. X can be set in the settings.


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Project information

Budget
35+ USD
For the developer
31.5 USD
Deadline
from 7 to 30 day(s)