An expert advisor that generate pending order based on 1 hr candle closes

MQL4 Experts

Job finished

Execution time 17 hours
Feedback from customer
He is very good and very helpful. I gave him full mark.

Specification

i want an forex trading expert adviser that take trades based on my below requirements.

Criteria  for  opening short trade  

1. expert adviser should monitor and find the good 1hr candle that closed with  very low noise. and open an pending order(eg;1 lot sell stop) on same direction of the previous  candle right below of lowest price of the previous candle with 10 pips Take Profit Order.

2. And only right after the trade got executed it should  open  2 pending order  (eg: 1 lot buy stop + 1 lot  buy stop) on its opposite direction right 2 pips above the highest price of the current candle. And should close automatically same time if the previous trade hit Take profit or closed manually. Which means all these orders should connected together. 

3. If it didnt hit the take profit and price moved back against it  then the other 2 buy order will get executed. So the take profit of the first trade should get cancelled the same time when the other 2 buy order got executed and should close all 3 trade when the total profit become zero (breakeven) of these 3 trade.

4. But if the market didn't  move again to up till the profit became zero and start falling back then one of those 2 buy position will close right below of the lower price of the candle which the first sell position opened candle. And will open One lot sell position on same one pip below of the lower price of the same candle. And will close all remaining 3 position when the total profit of all those 3 trade become zero. 

And this scenario should continue  till the trade closed at zero Profit. The vise versa of above for opening long position.

Files:

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Project information

Budget
50 - 100 USD
For the developer
45 - 90 USD
Deadline
from 5 day(s)