Job finished
Execution time 7 minutes
Feedback from customer
I need you to compile the following MT4 Expert Advisor for me.
When I drag it onto a chart it goes into effect immediately. I’d
like it to be able to work on any build of MT4 and on any timeframe.
Desired budget: 30 USD
Deadline: 1 day
The indicators involved are: Fractals ST
Patterns (available free on mql5.com market)
https://www.mql5.com/en/market/product/24035
Fractals
ST patterns is a modification of Bill Williams' Fractals indicator.
Unlike a standard Fractals indicator, Fractals ST patterns allows
setting any number of bars to find a fractal. This simple indicator
corresponds to the parameters specified in the ST patterns Strategy.
Structural Target patterns are the market itself, which is
consistently divided into components. For the formation of ST
patterns, no trend lines, geometric proportions of the model itself,
trading volume, or open market interest are needed. They are easily
recognized and built only on the basis of breaking through the
fractal levels and the distance to the Target. ST patterns remove
from the market the uncertainty inherent in the previously known
graphic compositions and simplify the work of the trader. This
indicator is much better than the standard MT4 indicator because you
can input how many “bars around” you need. The standard MT4
indicator uses 5, but I want to be able to put any number in myself
and Fractals ST allows for that. You have
to wait for the close of the second candle to the right, because the
fractal will tell you the new high or the new low, and for that you
will need at least one candle to left and one candle to the right,
depending on what you input under “Bars Around”.
The standard MT4 Fractal indicator, simply stated,
shows fractal bars are higher (lower) than the two
(or more) bars preceding it and the two
(or more) bars following it. With the Fractals ST indicator, I can
set this to only 1 bar, or three bars or whatever I choose.
The fractal consists of a two sets of
arrows - up (upper fractals) and down (lower fractals). Each
fractal satisfies the following conditions:
Upper fractal - maximum (high)
of a signal bar exceeds or is equal to maximums of all bars from
the range to the left and to the right;
Lower fractal - minimum (low) of
a signal bar is less or equal to minimums of all bars from the
range to the left and to the right.
The indicator inputs are:
Here I'd like to place my own preferred inputs. The default
setting for this indicator on MT4 is in the INPUTS table, but I’d
like to be able to put my own settings in here if I need to.
RULES:
SELL: If a fractal high has formed (let's say at
1.13596) and the next (1,2,3 or 4, etc) candle closes with it's high
below the fractal high at 1.13596, immediately open a sell market
order at the close of this candle.
BUY: If a fractal low has formed (let's say at 1.13596) and
the next (1,2,3 or 4, etc) candle closes with it's low above the
fractal low, immediately open a buy market order at the close of this
candle.
EA INPUTS to follow.
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