Pending Order at Fibonacci Level with SuperTrend Indicator for Filter

MQL4 Asesores Expertos

Trabajo finalizado

Plazo de ejecución 4 minutos
Comentario del Cliente
Excellent experience! Highly skilled programmer, great communication, clean code, delivers fast. Highly recommended!
Comentario del Ejecutor
Excellent customer. Clear specifications and fast payment. Thank you.

Tarea técnica


*Step 1:  Create Auto Fibonacci Indicator*

- Identify yesterday's high and low
- Draw Fibonacci levels based on those points
- If the current trend downtrend (the SuperTrend indicator line is red) draw from yesterday's high to yesterday's low
- if the current trend is uptrend (the SuperTrend indicator line is green) draw di the Fibonacci from yesterday's low to yesterday's high.
- If current price breaks yesterday's high, wait for candle close, then redraw Fibonacci levels using yesterday's low and new high
- If current price breaks yesterday's low, wait for candle close, then redraw Fibonacci levels using yesterday's high and new low

*Step 2: SuperTrend Indicator*

- Use free SuperTrend indicator by Kivanc Ozbilgic for trading direction
https://www.mql5.com/en/market/product/125728?source=Site+Market+MT4+Indicator+Search+Rating006%3aSupertrend+by#!tab=overview

*EA Settings:*

- Indicators:
    - SuperTrend: used as trend filter
    - Fibonacci: used as reference for pending orders
- Trading Rules:
    - If SuperTrend is uptrend (green line), EA will pending buy limit at Fibonacci level 61.8. Take profit at Fibonacci level 50.0
    - If SuperTrend is downtrend (red line), EA will pending sell limit at Fibonacci level 61.8. Take profit at Fibonacci level 50.0. Stop loss at Fibonacci level 100
    - There will only be one pending order at the same price level
    - If the pending order has reached take profit or stop loss, there will be no pending order for that price level until the Fibonacci indicator changes to a new price level
-  Delete and make new pending order if the the Fibonacci indicator changes to new price

*Example:*

- If the pending buy limit order is at price 5.000 and has reached take profit, there will be no pending order for price 5.000 until the Fibonacci indicator changes to a new price level (e.g. 5.200)
- If SuperTrend is uptrend and Fibonacci indicator changes to a new price level (e.g. 5.200), EA will pending buy limit at the new price level

*Entry*
Options 1 (default):
- Entry level: default 61.8
- Take profit level: default 50.0
- Stop loss level: default 100

Option 2 :
- Entry level:  78.6
- Take profit level: 50.0
-  Stop loss level: 100

*Lot Size*
- Money management  : 2%
True/False
Default True

- Fix Lot :  0.01
True/False
Default False

*New Filter*
NPF Filter
- Delete order 1 hour before NPF
- Pending order 1 hour after NPF

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Información sobre el proyecto

Presupuesto
66+ USD
Plazo límite de ejecución
de 1 a 3 día(s)