FreelanceSections

Momentum triggered EA

MQL5 Experts Trading robot/indicator debugging Strategy optimization Strategy modules Forex Stocks Options

Specification

current EA missing some trading constraints, such as specific triggering constraint, trailing stop loss, close trade when X or Y are signaled, alerts...

will provide my current code for reference  (if needed) and backtest log

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The EA should work on the following


  • intraday basis
  • from 5 minutes to 1 hour
  • use moving averages and oscillators to execute trade
  • MA triggered by crossing
  • oscillators triggered by OB/OS or middle line (0)
  • only one trade at a time 
  • use money managment for lot sizing (editale in order to increse/decrease accodring to risk appetite)
  • use trailing stop loss
  • close order when signals invert or momentum loss (allowing to enter another in the opposite direction)
  • takeprofit when certain signal is given (could prescind of this if trailing stop loss work optimaly)
  • alert on the platform and via email when a trade is executed (open & close)
  • should have trading hours restriction


I found out that many trading opportunities are missed due to the missing constraints of closing trade when market reverses and have huge drawdowns. I know this code could be optimized with some trading constraints that would ultimately benefit the bottom line.

Responded

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Developer 2
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Published: 1 code
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Project information

Budget
30+ USD
Deadline
from 2 to 5 day(s)