An EA for indices based on 4x1-hr candles

Tarea técnica

I trade the G40 and Ws30 indices markets.  I trade them at the German open, and again at the Ws open.  I use a set of 4x 1-hour candles to determine the Hi and Lo for the European 'session', but only the 1st 1-hr candles for the open of the Ws session.

With regards to the morning session. if the close of the 4th 1-hr candle is higher than the open of the 1st 1-hr candle, this indicates a LONG market might be developing.  If the close of the 4th 1-hr candle is lower than the open of the 1st 1-hr candle, it suggests the market is trending lower.  (The actual direction isn't important so long as they are both the same.)

My method consists of comparing the direction of the 4x 1-hr candles for both indices.  If they are both travelling in the same direction, then entries can be ordered.  I refer to this as =Col(oured). If they are travelling in opposite directions, then it suggest confusion in those markets, there is no set-up and orders are not placed.  I refer to this a xCol(oured). 

Assuming the two indices are =Col then BUY orders are placed at the highest point in the 4x 1-hr candles for each index.  At the same time, SELL orders are placed at the lowest of the 4x 1-hr candles.  Limits are +200pips or -200pips respectively.  Stops are the breach of the opposite end.  In other words if the HI of the 4x 1-hr series is breached, then a BUY trade is triggered.  However, if the market reverses, the trade stays valid until the reversal breaches the LO, at which point the BUY is stopped out, but a SELL is entered.  Should the market reverse again, back along its original direction, this second trade remains valid until the reversal breaches the original HI.  As the market has reversed 2x, trading is then closed for the session.  {statistically, there may be an argument for a 3rd entry and allowance should be made for this.  So, in the above example the entries would be Breach of HI = BUY.  Subsequent breach of LO = Stop out of BUY and enter a SELL.  Subsequent 2nd reversal breach of the original HI = Stop out SELL and enter BUY once again.  Same Limits and Stops apply.  In all cases, any open trades should be closed and orders cancelled at the close of the 1st 1-hr candle of the Ws session.

The exact same method applies to the Ws session, except only the 1st 1-hr candle is used to determine if the G40 and Ws30 are =Col.  The other rules apply for entries, exits, etc.

I need an Expert Advisor to manage the Method, the entries and exits. 

Ideally an 'enter box' system would be good.  I could then manually determine the price, the limits, etc.  I may wish to change these from time to time as the Method evolves.

Archivos adjuntos:

Han respondido

1
Desarrollador 1
Evaluación
(219)
Proyectos
370
42%
Arbitraje
145
17% / 41%
Caducado
124
34%
Libre
Ha publicado: 38 ejemplos
2
Desarrollador 2
Evaluación
(25)
Proyectos
29
34%
Arbitraje
3
67% / 0%
Caducado
1
3%
Libre
3
Desarrollador 3
Evaluación
(319)
Proyectos
568
35%
Arbitraje
82
30% / 45%
Caducado
206
36%
Trabaja
4
Desarrollador 4
Evaluación
(94)
Proyectos
190
66%
Arbitraje
8
25% / 50%
Caducado
2
1%
Libre
5
Desarrollador 5
Evaluación
(209)
Proyectos
272
21%
Arbitraje
24
54% / 17%
Caducado
0
Libre
6
Desarrollador 6
Evaluación
(74)
Proyectos
73
47%
Arbitraje
2
50% / 50%
Caducado
2
3%
Libre
7
Desarrollador 7
Evaluación
(45)
Proyectos
91
13%
Arbitraje
34
26% / 59%
Caducado
37
41%
Libre
8
Desarrollador 8
Evaluación
(2344)
Proyectos
2949
63%
Arbitraje
125
44% / 26%
Caducado
429
15%
Libre
9
Desarrollador 9
Evaluación
(2675)
Proyectos
3414
68%
Arbitraje
77
48% / 14%
Caducado
342
10%
Libre
Ha publicado: 1 ejemplo
10
Desarrollador 10
Evaluación
(513)
Proyectos
553
53%
Arbitraje
13
69% / 15%
Caducado
3
1%
Libre
Solicitudes similares
1. PROJECT OVERVIEW Development of a custom automated and manual trading bot for NinjaTrader 8, primarily designed for Nasdaq Futures (NQ/MNQ). The bot will contain the original trading strategy, configurable risk management, automatic and manual operating modes, alerts, profit/loss management, partial profit taking, Break Even, backtesting functionality, and the additional configurable contract-averaging system
Swing Breaks & AMD Expert Advisor The Swing Breaks & AMD Expert Advisor is an automated trading system designed around two core market-structure concepts: Swing Breaks and the AMD (Accumulation, Manipulation, Distribution) model . The EA is designed to analyze price action, identify meaningful swing structures, detect potential breaks of those structures, and evaluate the surrounding market behavior for possible AMD
We are looking for an expert algorithmic trading developer to build a high-performance, fully automated Custom Expert Advisor (EA) or trading bot. The bot must integrate advanced Smart Money Concepts (SMC) , Inner Circle Trader (ICT) methodologies, and Volume Spread Analysis (VSA) with a high-frequency trading (HFT) style execution and scaling model. The core objective is to program a bot that identifies
Develop an Expert Advisor for MetaTrader 5 that manages existing positions. Features Automatically detect all open positions. Apply Break-Even after price reaches a configurable profit. Partial Close: Close X% of volume at the first target. Move Stop Loss to Break-Even. ATR Trailing Stop (optional). Magic Number filter. Comment filter. Symbol filter. Trading session filter. Retry mechanism for trade operations
Mt5 ea 30+ USD
I have a fast execution ea that need a little touch, it trade on gold and my problem is about the risk ratio the tp is 3pip and stop loss 20 but i cannot get it right to make the average win larger and average loss lower. I would like to know if i can get help to get it right without touching the tragedy and the trade frequency. Those two pictures I attached is the example of what my bot actually do like i explained
MT4/MT5 HFT EA us30 30 - 3000 USD
Hello everybody, I'm looking for an experienced MQL4/MQL5 developer to optimize a High-Frequency Trading (HFT) Expert Advisor for both MT4 and MT5. The EA performs consistently and profitably on demo accounts, but when it is run on Raw and Standard live accounts under what appear to be the same trading conditions, it begins generating losses. I do not have the original source code (.mq4/.mq5); I only have the

Información sobre el proyecto

Presupuesto
100 - 300 USD
Plazo límite de ejecución
a 30 día(s)