MT4 EA for Price Action

Job finished

Execution time 8 days
Feedback from employee
Very Good Customer!
Feedback from customer
Best coder ever! Very detailed, fulfill the requirements, with patience of course! 5 stars!

Specification

Good day!


MT4 EA Running in logic summarized below:


Currency Pair: Example to apply on EUR/USD 5 minutes Chart

Lot size for first entry: Example to apply with 0.1 lot size

Technique: Any low spread low commission chart scalping (for any timeframe)



Bullish Engulfing As Example for the logic (setup bearish engulf based on similar principles, just the workaround vice versa)
1. Previous japanese candlestick bar black in color (A)
2. Current latest japanese candlestick bar white in color (B)
3. (B) Open Price compare with (B) Close price =/> 2 pips AND </= 11 pips
4. B close price > A close price
5. Set buy limit price at "-50% of (B) close price"; profit target = "close price of (B) - open price of (B)"; 
   (C) Stop Loss = 1 pip below either "low" of (A) or (B)
6. When buy limit setup above, at the same time, at level of stop loss, create sell stop 
7. Lot size always "double" the first entry; profit target level resemble stop loss pips [if (C) previous = 3 pips, 
   then shall it be 3 pips then]; stop loss = 1 pip above either "high" of either (A) or (B) or past 3 historical candles; 
   stop loss level create another buy stop with similar principle & repeat same thing again & again until 
   profit realize in "x" number of trades

Other Important General Ruling
8. If first trade profit target hit, cancel the sell stop
9. New trade only start after first or its next consecutives trade hit profit
10. If first trade buy limit didn't trigger & new trade opportunity arise, cancel the first trade & proceed new trade as per principles above


Thanks.

Files:

Responded

1
Developer 1
Rating
(365)
Projects
412
36%
Arbitration
35
26% / 57%
Overdue
63
15%
Free
2
Developer 2
Rating
(2668)
Projects
3400
68%
Arbitration
77
48% / 14%
Overdue
342
10%
Working
Published: 1 code
3
Developer 3
Rating
(2325)
Projects
2928
63%
Arbitration
124
44% / 26%
Overdue
429
15%
Working
4
Developer 4
Rating
(206)
Projects
333
35%
Arbitration
66
12% / 58%
Overdue
87
26%
Free
5
Developer 5
Rating
(12)
Projects
14
29%
Arbitration
5
20% / 80%
Overdue
6
43%
Free
6
Developer 6
Rating
(361)
Projects
644
26%
Arbitration
92
72% / 14%
Overdue
12
2%
Working
Published: 1 code
7
Developer 7
Rating
(618)
Projects
1429
59%
Arbitration
31
81% / 0%
Overdue
10
1%
Free
8
Developer 8
Rating
(641)
Projects
866
48%
Arbitration
29
38% / 17%
Overdue
63
7%
Free
9
Developer 9
Rating
(90)
Projects
118
17%
Arbitration
44
23% / 39%
Overdue
20
17%
Free
10
Developer 10
Rating
(1235)
Projects
2820
80%
Arbitration
156
22% / 43%
Overdue
487
17%
Free
11
Developer 11
Rating
(430)
Projects
606
55%
Arbitration
48
23% / 56%
Overdue
176
29%
Free
12
Developer 12
Rating
(349)
Projects
463
51%
Arbitration
41
24% / 49%
Overdue
149
32%
Free
13
Developer 13
Rating
(1156)
Projects
1462
63%
Arbitration
21
57% / 10%
Overdue
43
3%
Free
14
Developer 14
Rating
(590)
Projects
789
71%
Arbitration
9
33% / 33%
Overdue
22
3%
Free
Published: 8 codes
15
Developer 15
Rating
(1931)
Projects
3552
88%
Arbitration
73
40% / 15%
Overdue
268
8%
Free
16
Developer 16
Rating
(204)
Projects
326
43%
Arbitration
34
32% / 29%
Overdue
83
25%
Free
17
Developer 17
Rating
(277)
Projects
334
55%
Arbitration
14
36% / 29%
Overdue
1
0%
Free
18
Developer 18
Rating
Projects
0
0%
Arbitration
0
Overdue
0
Free
19
Developer 19
Rating
(564)
Projects
844
73%
Arbitration
15
53% / 13%
Overdue
193
23%
Working
20
Developer 20
Rating
(136)
Projects
196
43%
Arbitration
17
29% / 59%
Overdue
28
14%
Free
21
Developer 21
Rating
(221)
Projects
369
66%
Arbitration
10
50% / 0%
Overdue
46
12%
Free
22
Developer 22
Rating
(17)
Projects
22
73%
Arbitration
2
0% / 100%
Overdue
10
45%
Free
Published: 3 codes
23
Developer 23
Rating
(119)
Projects
127
41%
Arbitration
3
33% / 67%
Overdue
0
Free
24
Developer 24
Rating
(69)
Projects
146
34%
Arbitration
13
8% / 62%
Overdue
26
18%
Free
Published: 6 codes
Similar orders
Hello, I have a tradingview buy/sell indicator that also tells when to exit the trades with labels and everything. The indicator is of course manual and I want this to be automated into an MT5 bot. In return for this project you will get the indicator and bot for free! The indicator is simple yet very powerful/profitable. It works on all timeframes and pairs. It tells you when to buy/sell and when to "book profit"
I need a simple bot for opening range. Simple Entry / Exit rules, to be able to customize the timeframe, time zone (entry candle) and other normal settings like size, etc
Nyctrad1 30+ USD
Free link free land free land free land free land free free land free land free things free land free land free land free land free land free land free land free Finch I will do it
Title Professional AI Automation Trading Bot for Forex & Crypto Solution Language Python (preferred) or MQL5 depending on integration requirements. Categories Expert Advisor (EA) for MetaTrader 5 Automated trading strategies AI/ML-based signal generation Risk management automation Required Skills Strong knowledge of MQL5/Python Experience with MetaTrader API integration Machine learning model deployment
BullyMax Pro 30+ USD
"Act as an expert MQL5 algorithmic trading developer. I want you to create a profitable and efficient Expert Advisor for MetaTrader 5. Do not write the code yet; read the following trading rules, analyze them, and ask me any clarifying questions if needed. Timeframe: [e.g.15 minutes Chart] Entry Logic: [e.g.MACD + RSI + REVERSAL PRICE ACTION. Enter buy when Macd line crosses above the signal line ,RSI above 30 and
I want an indicator that displays the risk reward ratio of each chart candle as a sub window histogram. If the candle closes above the open the histogram displays a green bar above zero the size of which is dependant on the size of the RRR. If the candle closes below the open the histogram displays a red bar below zero the size of which is dependant on the size of the RRR. My attempt that does not work is attached
Hi, I am looking for an experienced MQL5 developer to modify an existing, fully functional MetaTrader 5 Expert Advisor (Source code .mq5 Version 2.62 will be provided). Brief Overview of the EA: It executes trades based on 4 custom Supply/Demand levels (R1, R2, S1, S2) which are inputted manually . It uses two custom indicators for confirmation: SPA (Price Action filter) and AMG (Volume/Momentum filter). The code
I really like this platform. I am interested in trading and need funds for it. I enjoy both crypto and forex trading.I"really appreciate this platform. I am keen on trading and am looking for trading funds. I enjoy trading in both cryptocurrency and forex."
Titan Quantum Algo Engine V2 is an advanced MT5 Expert Advisor designed to identify high-probability market opportunities using trend analysis, breakout detection, and intelligent risk management. The EA automatically executes trades, manages stop-loss and take-profit levels, and helps traders maintain disciplined trading with optimized entry and exit strategies
The striker robot 30 - 2000 USD
I would like a trend and pullback strategy for the robot timeframe:15 minutes(m15) or 1 hour(h1) indicators:50 EMA (Exponential Moving Average)/200 EMA/RSI (14) BUY SET UP 1.Confirm The Trend .50 EMA must be above 200 EMA .Price must be above both EMAs 2.Wait for a pullback .Do not buy when the price shoots up. .Wait for the price to come back near the 50 EMA 3.Confirm entry .ENTER BUY WHEN: .A bullish candlestick

Project information

Budget
30 - 200 USD
Deadline
from 5 to 10 day(s)