I will like to write an EA swing trading bot

Trabajo finalizado

Plazo de ejecución 3 días
Comentario del Cliente
great guy . did a great job
Comentario del Ejecutor
Honest customer. Hope to do more projects with you.

Tarea técnica

I will like to write an EA swing trading bot with the following rules for entry:

 

Step 1: Identify Support and Resistance Levels

Timeframe Selection: Daily

 

 

Identify Key Support and Resistance Levels:

 

Support Level: Look for areas where the price has historically had difficulty falling below the Daily support.

Resistance Level: Look for areas where the price has historically struggled to rise above the daily Resistance.

Use Trendlines and Horizontal Lines:

 

Draw trendlines connecting swing lows for support and swing highs for resistance.

Mark horizontal lines at significant price levels where reversals or strong bounces have occurred.

 

Step 2: Wait for Confirmation

Price Approaching Support/Resistance:

 

Wait for the price to approach a support or resistance level.

Candlestick Patterns:

 

Look for bullish candlestick patterns bullish engulfing near support levels.

Look for bearish candlestick patterns bearish engulfing near resistance levels.

 

Step 3: Confirmation

Use technical indicators like RSI to confirm the potential reversal.

Look for divergence between price and indicators for additional confirmation.

 

Step 4: Entry, Stop Loss, and Take Profit

Entry Signal:

 

Enter a long trade if the price bounces off a support level and shows confirmation signals.

Enter a short trade if the price is rejected from a resistance level and confirms a reversal.

 

Stop Loss:

 

Place a stop-loss order just below the support level for long trades with 50 pips

Place a stop-loss order just above the resistance level for short trades with 50 pips

 

Take Profit:

 

Set a take-profit target based on the distance between the entry point and the support/resistance level.

Consider using a risk-reward ratio to set profit targets.

 

Step 5: Risk Management

Risk-Reward Ratio: 1:3

 

Ensure that the potential reward justifies the risk taken on each trade.

Position Sizing:

 

Use a lot size of 0.5 for all trades

 

Trading period is only within 6am to 6pm CET time zone

 

Drawdown: 1% a day

 

Market Conditions: only for trending markets


Han respondido

1
Desarrollador 1
Evaluación
(75)
Proyectos
80
6%
Arbitraje
46
11% / 54%
Caducado
7
9%
Trabaja
2
Desarrollador 2
Evaluación
(43)
Proyectos
66
12%
Arbitraje
12
58% / 42%
Caducado
1
2%
Libre
3
Desarrollador 3
Evaluación
(62)
Proyectos
90
29%
Arbitraje
24
13% / 58%
Caducado
7
8%
Trabaja
4
Desarrollador 4
Evaluación
(317)
Proyectos
564
35%
Arbitraje
81
31% / 44%
Caducado
204
36%
Libre
5
Desarrollador 5
Evaluación
(77)
Proyectos
244
74%
Arbitraje
7
100% / 0%
Caducado
1
0%
Libre
Ha publicado: 1 artículo
Solicitudes similares
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
I need an Ai trading bot for Binance and BTC on MT5 that also uses order flow data. It should also make use of TSI- Temporal indicator sampling and also it should make use of fundamental analysis in the process of signal generation
ZigZag based on oscillators is needed The idea of ​​the indicator Create a ZigZag indicator, which is constructed based on extreme values determined using oscillators. It can use any classical normalized oscillator, which has overbought and oversold zones. The algorithm should first be executed with the WPR indicator, then similarly add the possibility to draw a zigzag using the following indicators: CCI Chaikin RSI

Información sobre el proyecto

Presupuesto
50+ USD
Plazo límite de ejecución
a 10 día(s)