FreelanceSections

Robot that trade based on bearish and bullish engulfing indicator with detail rule as below

MQL4 Experts

Job finished

Execution time 1 day

Specification

Condition#1 (Open Position)
Open Buy Limit if:
  • Closing Price(CP) of Candle-1 > Open Price(OP) of Candle-2 AND OP Candle-2 >= OP Candle-1.
  • The Open Buy Limit Position (OBLP):
OBLP = Lowest Price Candle-1 + (0.5 x (HP Candle-1 - LP Candle-1))
  • Stop Loss: -30pips from the Buy Limit
  • Take Profit: +40pips from the Buy Limit
Open Sell Limit if:
  • Close Price Candle-1 < Open Price Candle-2 AND Open Price Candle-2 <= Open Price Candle-1.
  • The Open Sell Limit Position (OSLP):
OSLP= Lowest Price Candle-1 + ((HP Candle-1 - LP Candle-1)/2);
  • Stop Loss: -30pips from the Sell Limit
  • Take Profit: +40pips from the Sell Limit

Condition#2(Closing Order)
Closing Buy Order:
  • Automatically close order if any of the closing price of Next Candles < Open Price of Candle-1
Closing Sell Order:
  • Automatically close order if any of the closing price of Next Candles > Open Price of Candle-1

NOTE:
  • Program should not open order if condition not match with any of buy or sell rule/logic
  • The Program only run for every new candle creation (regardless any Timeframe)
  • Timeframe can be parameterize (M15, M30, H1, H4, D1, W1)

Program should able to receive a volume parameter








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Project information

Budget
35 - 50 USD
Deadline
from 1 to 3 day(s)