This expert advisor will rely heavily on catching the trend. The trading will take place mainly on the 4 hour chart.
This strategy consists of four indicators, which are:
1. 5 Period Exponential Moving Average (closed)
2. 15 Period Exponential Moving Average (closed)
3. 50 Period Exponential Moving Average (closed)
4. Stochastic indicator K=13 D=5 Smooth=5 (13,5,5) 80/20 Levels
Mechanics
There are only two, yet very important rules for the EA to follow when trading.
1. The K% line on the stochastic indicator MUST be above the D% line when taking a BUY & the K% line MUST be below the D% line when taking a SELL.
2. Both the 5 & 15 EMA MUST cross the 50 EMA going upwards to create a BUY signal OR downwards for a SELL signal.
*Both of these conditions must be met before a trade signal is generated.*
See below for some examples:
In this example, we can see the K% is above the D% (as shown by the bottom green arrow). We can also see the 5 & 15 EMA have crossed the 50 EMA (as indicated by the upper green arrow). Once both the 5 & 15 EMA’s have crossed the 50 EMA going upwards, the EA would have taken a BUY.
In this example, we can see the K% is below the D% (as shown by the bottom red arrow). We can also see the 5 & 15 EMA have crossed the 50 EMA (as indicated by the upper red arrow). Once both the 5 & 15 EMA’s have crossed the 50 EMA going downwards the EA would have taken a SELL.
Starting lots let's use 0.25
Allow lot size to be fixed or dynamic based on the balance.
Allow breakeven function and martingale function using a grid function and allow this to be enabled or disabled.
For martingale and grid, please allow the distance to be modifiable.
Please allow the martingale factor of increase to be modifiable (example, 1.3 increase each time a new trade is opened)
Allow a maximum amount of orders to be opened for martingale (4)
Default TP will be set at 250 points and modifiable.
SL: Allow it to be a fixed amount set to 500 points
We will use points, not pips
News filter (Will be discussed and negotiated)
Allow a time filter for the bot to turn on or off during certain hours and to trade certain days of the week.
Once the order is done, I would like the source code.
Please let me know if you have any questions or concerns.
Solicitudes similares
I need an Expert Advisor for MT5 on XAUUSD 1min timeframe using SMC concepts. STRATEGY RULES: SELL: 1. Identify previous day High/Low as liquidity 2. Entry only during London-NY session: 15:00-19:00 GMT+3 or broker clock. 3. If price sweeps previous day High and closes back below it 4. Check for bearish 1min FVG below sweep candle 5. Wait for BOS - lower low 6. Entry: Sell/buy at 50% of the FVG 7. SL: 10 pips above
Code An Loss Rate 90-100% MT5 EA , that can blow a 100 USD account a day ,with fixed TP of 3000 points and SL of 3000 For better Rate Calculations get an strategy that can lead to so
Makes it takes trades by it self buy and sell, it must use the higher signals, also when I press stop it must not pick any trades I want it to take trades automatically when I press start also close by it self
I am looking for an experienced MQL4/MQL5 HFT developer to build or optimize a High-Frequency Trading (HFT) Expert Advisor that can successfully pass proprietary trading firm challenges and perform consistently under live trading conditions with brokers such as 8cap or BlackBull Markets . The developer should have proven experience with HFT execution, ultra-low-latency trading, broker execution, slippage, spreads
I need a professional MT5 Expert Advisor (MQL5) for XAU/USD (Gold) only. Requirements: - Symbol: XAU/USD only - Timeframe: H1 trend, M5 entry - Smart Money Concept (SMC) - Liquidity Sweep - Break of Structure (BOS) - Order Block Retest - Confirmation Candle (Engulfing or Pin Bar) - ATR-based Stop Loss - Risk:Reward = 1:3 (adjustable) - Auto Lot (1% risk) - Break Even - Trailing Stop - Maximum 2 trades per day - One
I have a High-Frequency Trading (HFT) Expert Advisor for both MT4 and MT5 designed primarily for US30 (Dow Jones Index) . The EA performs consistently and profitably on demo accounts, but when I run it on an IC Markets Raw or Standard live account, it starts generating losses under what appear to be the same trading conditions. At this time, I cannot provide the source code (.mq4/.mq5). I can only provide the
I need an Expert Advisor for MT5 on XAUUSD 1min timeframe using SMC concepts. STRATEGY RULES: SELL: 1. Identify previous day High/Low as liquidity 2. Entry only during London-NY session: 15:00-19:00 GMT+3 3. If price sweeps previous day High and closes back below it 4. Check for bearish 1min FVG below sweep candle 5. Wait for BOS - lower low 6. Entry: Sell at 50% of the FVG 7. SL: 10 pips above sweep wick 8. TP: 2R
Hello looking for someone to convert an indicator from tradingview to Thinkorswim I have attached the codes from trading view Also, I like make it trigger (alert) a one-time alert when the trend changes, and can also create a custom watchlist column that flags symbols currently in a new trend so you can scan multiple stocks easily. And like the watchlist to show only fresh trend changes or the current trend direction
I want to build a fundamental news trading bot that trade off economic news data, as we know every economic news data released always have effect on the asset associated with it, so this bot will take a trade instantly based on the news data released either to buy or sell, it will come with good money management and also SL and TP target based on price and pips value
I have a EA/indicator that I want built. I should say 1st off dont know how to code myself so I will be using AI to verify that the source code is complete and matches the documents spec or if better so if you can not truly do the job do not waste either of out time. This is a idea I came.up wit and used AI to produce a framework for it.... and of course AI isn't 100% accurate so I need a knowledgeable quantitative
Todos los encargos
Reglas
