Freelance service at MQL5.com: Simple EA based on Zig Zag and candle Close

Job finished

Execution time 10 days

Feedback from employee

excellent customers and supportive

Feedback from customer

Best Developer...I am preparing my next job for him..

Description

Specification

Support and Resistance Line.

Zig zag parameter is used (default 2,1,1), last low (V shape) is considered as support and last high (Inverted V shape) is considered as Resistance.

Support example :

https://www.mql5.com/en/charts/8879543/eurusd-h4-quantix-financial-services-support-line

https://www.mql5.com/en/charts/8879546/gbpusd-d1-quantix-financial-services

Resistance Example:

https://www.mql5.com/en/charts/8879551/eurusd-h4-quantix-financial-services

https://www.mql5.com/en/charts/8879553/gbpusd-d1-quantix-financial-services

Price action Candle.

When a candle is closed above <previous price action candle numbers > previous candles high then it is called buy Price action candle.

When a candle is closed blow previous <previous price action candle numbers>candles low then it is called SELL price action candle.

<previous price action candle numbers> is user input

Example

previous price action candle numbers =3

When a candle is closed above 3 previous candles high then it is called buy Price action candle.

https://www.mql5.com/en/charts/8879574/gbpusd-d1-quantix-financial-services

When a candle is closed blow 3 previous candles low then it is called SELL price action candle.

https://www.mql5.com/en/charts/8879564/audhuf-h1-quantix-financial-services

Custom ATR: Code will be given

Risk : Number of Pips between trade open to first stop loss will be risk of trade.

Buy Rule:

When a candle above closed Customer ATR Line.

When a candle closed above Resistance Line.

When a candle is Price action candle.

SELL Rule:

When a candle above closed Customer ATR Line.

When a candle closed above Resistance Line.

When a candle is Price action candle.

Stop Loss Line:

Buy: If candle is price action candle, Lowest of last two closed candles low.

https://www.mql5.com/en/charts/8879584/gbpusd-d1-quantix-financial-services

Sell: If candle is price action candle, highest of last two closed candles low.

https://www.mql5.com/en/charts/8879585/audchf-h1-quantix-financial-services

· As every price action candle formation, it has to redraw. Mark the line with Red Dotted line

Trade Closure.

Buy: When a candle is closed below ATR Line

Sell: When a candle is closed above ATR Line.

Take profit/Target:

Input: Target

Buy: (Risk * Target) + Trade open price

Sell: Trade open Price – (Risk * Target)

When trade hits this price , Close trade.

Legend:

ATR: Buy /Sell

Resistance : Below/Above current price

Support : Below/Above current price

Price action candle: Buy/Sell

Risk :

Responded

Rating

(636)

Projects

1008

47%

Arbitration

36% / 36%

Overdue

10%

Working

Published: 6 codes

Rating

(365)

Projects

412

36%

Arbitration

26% / 57%

Overdue

15%

Free

Rating

(219)

Projects

370

42%

Arbitration

145

17% / 41%

Overdue

124

34%

Free

Published: 38 codes

Rating

(206)

Projects

333

35%

Arbitration

12% / 58%

Overdue

26%

Free

Rating

(645)

Projects

873

48%

Arbitration

38% / 17%

Overdue

Working

Rating

(271)

Projects

553

50%

Arbitration

40% / 37%

Overdue

227

41%

Working

Rating

(65)

Projects

39%

Arbitration

0% / 33%

Overdue

33%

Free

Rating

(618)

Projects

1429

59%

Arbitration

81% / 0%

Overdue

Free

Rating

(69)

Projects

34%

Arbitration

40% / 30%

Overdue

Free

Rating

(94)

Projects

148

59%

Arbitration

38% / 13%

Overdue

17%

Free

Published: 1 code

Rating

(221)

Projects

369

66%

Arbitration

50% / 0%

Overdue

12%

Free

Rating

(2676)

Projects

3416

68%

Arbitration

48% / 14%

Overdue

343

10%

Working

Published: 1 code

Rating

(395)

Projects

556

41%

Arbitration

57% / 3%

Overdue

10%

Free

Published: 11 codes

Rating

(574)

Projects

945

47%

Arbitration

309

58% / 27%

Overdue

125

13%

Free

Rating

Projects

Arbitration

Overdue

Free

Published: 7 codes

Similar orders

I am looking for an experienced MQL5 developer to build a professional MT5 Expert Advisor specifically for XAUUSD (Gold) and other indices. I saw that XAUUSD is one of your primary areas of specialization, so I would like to discuss a custom EA with you. My priority is NOT extremely high returns. I want a robust EA designed for controlled risk and long-term survival. Requirements: • MT5 / MQL5 • XAUUSD, usoil,btc and

So, im a beginner and I'm pleading you to built me a bot that runs 24hrs and that can buy and sell at the same time, choose a better and profitable strategy. I will do anything thing it takes to get the bot. I hope you take my request into consideration

Je cherche un développeur MQL4 / MQL5 expérimenté pour créer un robot de trading automatique (Expert Advisor) performant et sécurisé. Validation de comptes Prop Firm capable de trader sur le forex et les matière première

I want you to create a strategy that fits for my funded account conditions like winrate of 60%+ with good risk reward ratio min 1:2 and max drawdown per day is 2% or 3% and overall should be less then 10% with less consecutive losses should be able to finish the funded stage in of phase 1 8% target and phase 2 of 10% target in a month with good number of trades in a month need journal of all the back tested data and

I need a simple Expert Advisor for MT5 that trades based on RSI overbought/oversold levels. - Entry: Buy when RSI(14) < 30, Sell when RSI(14) > 70 - Exit: Take Profit and Stop Loss as adjustable input parameters (default 50/25 pips) - Position sizing: Risk 1% of account balance per trade, auto-calculated from stop-loss distance - Timeframe and currency pair: adjustable inputs, not hardcoded - Should include basic

1. Trading Instruments: - The robot should trade exclusively on the following currency pairs: - NZD/CHF - NZD/USD - GBP/USD 2. Trading Style: - The robot should implement a day trading strategy, focusing on short-term trades. 3. Risk Management: - Maximum drawdown percentage: 10%. - Stop loss settings: Adjustable based on volatility (suggested default: 30 pips). - Take profit settings: Adjustable

I have an existing working MQL5 Expert Advisor and require an experienced MQL5 programmer/trading-system analyst to independently analyse its historical performance. This is NOT initially a request to rewrite the EA or simply optimize parameters. Current strategy: - MetaTrader 5 - M15 timeframe - EMA / ADX / ATR based - Approximately 1,337 historical trades - Gross Profit approximately USD 271,000 - Gross Loss

Hello everyone, I’m looking for a developer who has an algorithm in their arsenal that generates quick profits over the long term. I’m interested in a scalping expert advisor—it can be a one-shot, averaging, or grid strategy, with or without TP/SL. Please share your ideas and results; I’ll consider all options. The most important thing is the result. Good luck

I would like to be part of this trade because i want to help my family out of the hopeless life we are living now . i thoughts going to school will help me get better job but no i am still sitting for us to eat at home i have to sell my body to someone and get pay with that small money i can buy bread and cooldrink for my family that we can not sleep with emyter stomach

I need an Expert Advisor that trades by signal of ADX and Moving Average indicators. It must check and correctly process possible errors in trading operations. The main criteria of opening and closing positions , direction of Moving Average, Price of last bar . Set the number of lots to trade as an input parameter

Project information

Budget

70 - 100 USD

Deadline

from 1 to 10 day(s)

Specification quality
Result check quality
Availability and communication skills