FreelanceSections

Range Breakout EA

MQL4 Experts Forex

Job finished

Execution time 2 days

Specification

Hello,

I'm looking for a developer to create a simple range breakout EA for me.

  • EA starts at a defined time.
  • Range is defined by highest high and lowest low of previous n candles.
  • Stop orders are placed at upper and lower range levels, with take profit and stop loss based on the size of the range.
  • If stop loss is hit, a new trade is opened in opposite direction (this cycle can be repeated mulitple times).
  • If take profit is hit, orders are closed.
  • Position sizing is key and should be precisely calculated based on input variable of target profit (in account currency regardless of market being traded)  and previous losses.
  • EA should work on Forex, metals and commodities.

Detailed document will be provided once developer has been chosen.

Thanks

Regards

David


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Project information

Budget
70 - 100 USD
Deadline
to 10 day(s)