FreelanceSections

Expert advisor based on Barry Huddleston strategy as described in "Forex Renewal Currency Trading System"

MQL4 Experts

Job finished

Execution time 7 days
Feedback from customer
Very quick turnaround on the job and accurate to the the specification. A pleasure to work with and happy to recommend.

Specification

Basic strategy is to win 20 pips per trade. Based on 15m charts and commences on the 8:15-8:30am candle for the selected session (London or NY - though all are described in his book):

  • Control candle is the 8:15 am - open/close 
  • Signal candle is the first subsequent candle where the price action is completely outside of the body of the control candle
  • Entry is in direction of signal as follows:
  •  - if signal open/close below body of control - Sell
  •  - if signal open/close above body of control - Buy
  •  - price has move 3 pips in direct of trade
  • Other conditions required:
  • MACD trending in direction of signal
  • Price above 60 SMA if buy
  • Price below 60 SMA if sell
  • Price above 21 EMA if buy
  • Price below 21 EMA if sell
  • Control body must be less than 28 pips price movement
  • Control body must be more than 1 pip price movement
  • No doji (<= 1 pip body) between control and entry
  • No candle > 28 pips body between control and entry
  • SL 20 pips from control candle

Don't trade on NFP or bank holiday

Example from his book attached

Price negotiable - up to USD $200

Files:

JPG
Huddleston_Example.JPG
68.5 Kb

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Project information

Budget
30 USD