EMA Touching, and Next Candle Closed higher EA

MQL4 Experts

Job finished

Execution time 12 days

Specification

I want to create an EA with the details below:

The inputs of the EA:

1. MA Type: MA, EMA, etc..

2. MA1 value

3. MA2 value

4. Test MA: MA1, MA2

5. Default trade value: x lots

6. Default added Stoploss Value: pips

7. Default R:R

8. Autotrade: yes, no


The EA needs to work on Renko chart with Heiken Ashi candle


The EA will check the below conditions:

1. Candle A touches test MA

2. If the Candle A is a bullish candle (white color), it will check if the next candle B is bearish candle (red color), and the closed price is lower than the lowest of Candle A --> EA will look for short

. In opposite, if the candle A is a bearish candle (red), it will check if the next candle B is a bullish one (white color), and the closed price is higher than the highest of Candle A --> EA will look for long

3. If the condition #2 not met, it will check Candle C if it is changing color, and having closed price lower than the lowest of Candle B (in short)

.....

4. If the Autotrade = yes, EA will trade automatically with:

a) SL = Min(MA1, MA2, lowest point of the previous red candle)  - default added SL with long

SL = Max(MA1, MA2, highest point of the previous white candle)  + default added SL with short

b) TP = Current price + SL* default R:R with long

     TP =  Current price - SL* default R:R with short

c) EA won't open new trade if the previous has not closed for the same forex Pairs

d) EA will stop if having 2 losses consecutively

5. If the Autotrade = no, EA will send me an alert (to phone or mail), and a confirmation board appears. I need to choose:


a. Trade Value

b. Added Stoploss Value

c. R:R: 1:x 


If I click Ok, then it will place an instance order based on the above parameters, else it will not trade that position.



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Project information

Budget
30+ USD
Deadline
to 3 day(s)