Create a Simple Robot Based on RSI (project 2)

MQL5 Indicators Experts

Job finished

Execution time 5 days
Feedback from customer
Experienced coder. Fast and furious. Job done beyond my highest expectation. Double thumbs up. d^_^b
Feedback from employee
Clean exlanation, fast and precise checking! Hope to make more for you)

Specification

Inbuilt Indicators:

Relative Strength Index


Description:

The EA should be able to run in all timeframes & all currencies.  

Entry Rules:

1.1 Buy: equal/below [RSI Low (default input: 40.0)]
1.2 Sell: equal/above [RSI High (default input: 80.0)]
1.3 Open buy/sell trade at the close of previous candlestick price.

Exit Rules: 

1.1 Close all Buy or Sell trade at TP. (If I have 5 Buy, close all) (If I have 3 Sell, close all) (Separately)



Entry Execution: Market Order, with
2.1. Input: Lot Size
2.2. Input: Take Profit
2.3. Input: Stop Loss (hidden from market) (2 conditions: At Stop Loss, or Account Balance Protection, whichever reach first)

2.4. When hitting RSI value above 80 / below 40.

2.5. Buy order: blue dot (display on chart). Sell order: red dot (display on chart)

2.6. Show TP (blue line) at chart (hidden from market) (check screenshot RSI 2 1.png)

2.7. Show breakeven cost (green line) at chart (hidden from market) (check screenshot RSI 2 1.png)

2.8. Show SL (red line) at chart (hidden from market) (check screenshot RSI 2 1.png)

*** I have an EA reference “Hamster Scalping v7.ex4”. Please check attached.

 

 

3) Input field values (Please use exact description name) (When it has numerical value, it is manual input, not dropdown menu): 
- RSI Period (Day): 7
- RSI Upper Level: 80
- RSI Lower Level: 40
- Manual Order Lot Default Value: 0.10
- Auto Order Lot: [True / False] (by default, for every $10000 balance, trade 1.00 lot.
E.g. if $12500 balance, trade 1.25 lot; if $2000, trade 0.20 lot)
- Auto Order Lot Default Value: 1.00 (This is multiplier, can be 0.20, 0.45, 0.90, 1.50, etc… manual input). if I put 1.50, for $10000 balance, it will trade 1.5 lot. 
- Max Auto Order Lot Size: 1000
- Max Floating Orders: 8 (Buy and Sell orders each 8)
- Close Floating Buy & Sell Orders Separately: [True / False]
- Take Profit: 60 (If there are 8 orders at different price point, take the aggregate sum divide by 8, then plus 60, please discuss with me)
- Stop Loss: 5000
- Max Spread Allowed: 10
- Account Balance Protection (%): 50% [balance - equity = 50%] (Use dropdown menu, 10% - 100%) (To close all trades. this is for cut loss purpose)
- Trading Start Hour: 1:00 (ICMarkets.com, GMT+3) (Use dropdown menu, start with 00:00, end with 23:30, every 30 mins interval)
- Trading End Hour: 23:00 (Use dropdown menu, every 30 mins interval)
- Pause trading before high important news: 60 (mins)
- Pause trading before medium important news: 15 (mins)
- Pause trading before low important news: 0 (mins)
- Pause trading after high important news: 60 (mins)
- Pause trading after medium important news: 15 (mins)
- Pause trading after low important news: 0 (mins)
- Show Graph Line high important news: True/False 
- Show Graph Line medium important news: True/False
- Show Graph Line low important news: True/False

*** I have an EA reference “Hamster Scalping v7.ex4”. Please check attached. 

*** Please use forexfactory.com or investing.com for pausing important news.



Other Requirements: 

1) On-screen Buttons: 
"CLOSE BUY", "CLOSE SELL", "CLOSE ALL" - Close trades buttons. (Please refer "News and Buttons.png")



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Project information

Budget
50 - 100 USD
For the developer
45 - 90 USD
Deadline
from 2 to 4 day(s)