I´m looking creating an Expert Advisor

MQL4 Experts

Job finished

Execution time 4 days
Feedback from employee
Thank you very much! Awesome customer :)

Specification

I´m looking creating an Expert Advisor from experienced programmer only. If you can, send your reference of your work. The EA is based on easy condition and it has several setting for checking of the condition. Next there is several types of Takeprofits and Stoplosses with a function True/False. This TP and SL are basic functions that are known in trading.

If you can´t to accept stated budget for this work, please do not send your offer.


Condition:

If the price rises about certain number of points above the highest price in a set time, so EA should to open a Long trade. If the price falls about certain number of points below the lowest price in a set time, so EA should to open a Short trade.

Time of checking:

In the EA should be possible to set the time for checking the High and Low price.

e.g.: If is a set time 08:00h - 12:00h, so EA should to check the highest price and the lowest price in this time. It means, if the price than rises above the High price, so Long trade should be opened above the High price. For the Short trade vice versa.

Value of price range:

In the EA should be possible to set the value of price range. It means if in the EA is a set 100 points, so price range between the highest and lowest price in a set time, should not be higher than is the value.

e.g.: In the EA is a set price range 100 points. Highest price is 1.00210 and lowest price is 1.00100. Well price range is 110 points. In this case EA can´t to open any trade. If would highest price was 1.00200 and lowest price 1.00100, so EA can to open any trade because price range is 100 points.

Points above or below the prices:

In the EA should be possible to set number of points, that require be above or below the highest or lowest price. It means, if is a set 10 points, so the trade can be opened until the price rises or falls above or below the highest or lowest price. (If this function is a set to False, so the EA should to open trade exactly on the highest or lowest price)

Time of trading:

It the EA should be possible to set time of trading, e.g. 12:00h - 15:00h. It means EA can to open trade only in the a set time.


In the EA should be several types of TakeProfits and StopLosses, that are stated below. Each the Takeprofit and Stoploss should have a function True/False.

TakeProfits:

TPPoints: Basic TP in the points - e.g. 100 points.

TPBailout: Trade is closed on first profitable Open price. Here should be possible to set value of Open price. (e.g. if is a set 1, trade is closed on first profitable Open price. If is a set 2, trade is closed on second profitable Open price etc.)

TPBailoutDay: Trade is closed on first profitable Open price but from daily Timeframe. It means if is trade opened on lower TF than is Daily TF, so the EA should to check Open price from Daily TF, that was created in 00:00h.

TPRRR: Trade is closed if the profit reached certain Risk Reward Ratio againts the Stoploss. (e.g. If is a set RRR on 1:1,5 and Stoploss is a set on 300 points, so the trade is closed, if the profit reached 450 points.) If this TP is used with SLHighLow, so the EA should to calculate automatically value of the TPRRR, on basis of the SLHighLow, after when the trade is opened.

TPTime: Trade is closed at the certain time. (e.g. If is a set 00:00:30, so trade is closed at 30 minutes.)

TPOpen: Trade is closed on certain Open price. (e.g. If is a set 1, so trade is closed on first Open price. If is a set 2, so trade is closed on second Open price etc.)

TPCloseDay: Trade is closed in the end of day. Always according of trading hours of each instrument.


Stoploss:

SLPoints: Basic SL in the points - e.g. 100 points.

SLHighLow: Stoploss should be placed above the highest or lowest price in a set time, where the EA checking the High and Low price according the main condition. (e.g. If is opened Long trade, so Stoploss should be placed below the lowest price. For Short trade vice versa)

SLPercentage: If is a set 10%, so after when trade is opened, so the EA should to set a Stoploss on 10% from the current balance of the account. It means, the risk for one trade is 10%. The percentage should be calculated from the current balance on the account.


Other:

If is used a function on basis of time. So EA should always to use time of the platform. It means it shouldn´t to use time zones.

EA should be possible to use on all Timeframes.

On basis of one signal when condition is met, should the EA to open always only one trade.

In the EA should be possible to set multitrading. It means how much trades to trade concurrently.

In the EA should be possible to set, if to trade only Long or only Short or both trades.

In the EA should be possible to use Position sizing. I can to provide the formula from source code of my EA.



Settings:

Title of the each function should be same as in the description below.


PositionsLimit: 1

Long: True/False

Short: True/False

Time: 08:00-12:00 (Checking of the highest and lowest price)

TradingTime: 12:00 - 20:00 (Trading time for openning of trades)

Points: 10 True/False (Points above or below the prices)

PriceRange:  0.00100

TPPoints: 100 True/False

TPBailout: 1 True/False

TPBailoutDay: 1 True/False

TPOpen: 1 True/False

TPRRR: 1:1,5 True/False

TPTime: 00:00:30 True/False

TPCloseDay: True/False

SLPoints: 100 True/False

SLHighLow: True/False

SLPercentage: 10% True/False

PositionSizing: True/False

Files:

PNG
Screen1.png
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Budget
40+ USD