50% body candle with 50 SMA colored moving average

MQL4 Asesores Expertos

Tarea técnica

Hi,

Please prepare the Indicator + experts for MT4 & MT5 for the below mention conditions.

1. 50 Simple moving average closed (colored moving average)

2. 50 % body candle in difference color

3. Donchian channels - 20 period

4. Fractals

Condition

1. After color change in 50 SMA , identify the the first 50% body candle.

2. Position for buy - if 50 SMA color in green, take the position of above 50% body candle. - uptrend

3. Stop loss - Below 50 % Body candle or nearest fractals (which is maximum pips)

4. Position for sell - if 50 SMA color in red, take the position of below 50% body candle. - down trend

5. Stop loss - Above 50 % Body candle or nearest fractals (which is maximum pips)



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