The Last EA Ever Needed for MQL

Spécifications

I already have the file and setting for this same EA for MQL4. I am just in need of the same EA with MQL5 compatibility. I would like enhance the EA though. Making fewer trades while holding longer and catching more pips. The current EA bases trades on the 15 min chart. I would like to base trades on the 1H and 4H chart on this new EA.

1. The idea of the trading system is as follows: market entries are performed only after buy or sell signals when ADX's D+ and D- lines intersect on the 15 minute timeframe in the direction of the current trend. ADX setting are (14,20)

2. Trend is determined based on the Simple Moving Average (SMA) with the specified period (18,close,0) and Exponential Moving Average (EMA) with the specified period (8,close,0). If the current EMA crosses the SMA going UP on the 4H Chart AND ADX D+ line is crossing above or above the D- line on any other chart, the trend is seen as a growing uptrend. If the current EMA crosses the SMA going DOWN on the 4H Chart AND ADX D- line is crossing above or above the D+ on any other chart, the trend is seen as a falling downtrend.

3. Trading Signals:

Buying: Bullish engulfing on the 15Min timeframe or higher after the intersection of the EMA & SMA; Morning Stars on the 1H timeframe or higher after the intersection of the EMA & SMA

Selling: Bearish engulfing on the 15Min timeframe or higher after the intersection of the EMA & SMA; Evening Stars on the 1H timeframe or higher after the intersection of the EMA & SMA

4. Positions are closed at the opposite signal on 1 timeframe higher than when the trade was taken. For example, A Buy Position taken based on a 15min Bullish Engulfing on the support after the cross of the EMA & SMA should be closed when there is sell signal on the 30min timeframe.

5. Positions are opened after a signal and confirmation when a new bar emerges at the market price. It is okay to enter on every engulfing candle on the 30min time frame in the direction of the trend.

6. Additional filter for opening a position: The base ADX line is above level 20 indicating a trending market.

7. Additional filters for closing a position: The EMA and SMA cross indicating a change in trend in the opposite direction from when the position was opened.

8. Close by take profit - during a position opening, a Take profit level is set at a fixed distance from the open price. specified in points/pips. The value is set at 25.

9.Trailing Stop is used to protect profit. Stop Loss is set on the opposite side of the Buying/Selling signal (above of the wick of a bearish engulfing/ below the wick of a bullish engulfing). Stop loss should never exceed 25 pips. If the price continues to move in the profit direction, Stop Loss should be trailed at the given distance, 10 pips. Stop Loss cannot be moved towards the loss direction, i.e. the Stop Loss value cannot be increased. If none of protective orders (Take Profit or Stop Loss) triggers, the position should be closed by an opposite signal. No other position exit methods are available.



Répondu

1
Développeur 1
Évaluation
(273)
Projets
396
63%
Arbitrage
70
53% / 26%
En retard
198
50%
Gratuit
2
Développeur 2
Évaluation
(206)
Projets
333
35%
Arbitrage
66
12% / 58%
En retard
87
26%
Gratuit
3
Développeur 3
Évaluation
(2)
Projets
2
0%
Arbitrage
2
0% / 50%
En retard
0
Travail
4
Développeur 4
Évaluation
(3)
Projets
4
0%
Arbitrage
1
0% / 100%
En retard
1
25%
Gratuit
5
Développeur 5
Évaluation
Projets
0
0%
Arbitrage
0
En retard
0
Gratuit
6
Développeur 6
Évaluation
(174)
Projets
200
12%
Arbitrage
39
38% / 33%
En retard
5
3%
Gratuit
Publié : 2 codes
7
Développeur 7
Évaluation
(2350)
Projets
2956
63%
Arbitrage
125
44% / 26%
En retard
429
15%
Gratuit
8
Développeur 8
Évaluation
(139)
Projets
181
24%
Arbitrage
23
22% / 39%
En retard
13
7%
Gratuit
9
Développeur 9
Évaluation
(37)
Projets
59
27%
Arbitrage
26
19% / 54%
En retard
10
17%
Travail
Publié : 1 code
10
Développeur 10
Évaluation
(618)
Projets
1429
59%
Arbitrage
31
81% / 0%
En retard
10
1%
Gratuit
11
Développeur 11
Évaluation
(16)
Projets
35
23%
Arbitrage
4
0% / 50%
En retard
2
6%
Travail
12
Développeur 12
Évaluation
(45)
Projets
46
24%
Arbitrage
34
9% / 85%
En retard
10
22%
Gratuit
13
Développeur 13
Évaluation
(43)
Projets
49
29%
Arbitrage
4
25% / 25%
En retard
0
Gratuit
14
Développeur 14
Évaluation
Projets
1
0%
Arbitrage
3
0% / 100%
En retard
0
Gratuit
15
Développeur 15
Évaluation
(19)
Projets
33
55%
Arbitrage
5
80% / 20%
En retard
3
9%
Gratuit
16
Développeur 16
Évaluation
(322)
Projets
499
67%
Arbitrage
5
40% / 0%
En retard
4
1%
Gratuit
Publié : 8 codes
17
Développeur 17
Évaluation
(62)
Projets
90
29%
Arbitrage
24
13% / 58%
En retard
7
8%
Travail
18
Développeur 18
Évaluation
(258)
Projets
269
29%
Arbitrage
2
50% / 0%
En retard
3
1%
Travail
Publié : 2 codes
19
Développeur 19
Évaluation
(515)
Projets
554
53%
Arbitrage
13
69% / 15%
En retard
3
1%
Gratuit
20
Développeur 20
Évaluation
(74)
Projets
84
64%
Arbitrage
5
100% / 0%
En retard
9
11%
Gratuit
21
Développeur 21
Évaluation
(132)
Projets
178
39%
Arbitrage
4
25% / 50%
En retard
14
8%
Gratuit
22
Développeur 22
Évaluation
(271)
Projets
553
50%
Arbitrage
57
40% / 37%
En retard
227
41%
Travail
23
Développeur 23
Évaluation
(21)
Projets
35
54%
Arbitrage
8
63% / 38%
En retard
1
3%
Gratuit
24
Développeur 24
Évaluation
(633)
Projets
741
34%
Arbitrage
49
53% / 39%
En retard
15
2%
Travail
25
Développeur 25
Évaluation
(298)
Projets
478
40%
Arbitrage
105
40% / 24%
En retard
82
17%
Chargé
Publié : 2 codes
26
Développeur 26
Évaluation
Projets
0
0%
Arbitrage
0
En retard
0
Gratuit
Publié : 9 codes
27
Développeur 27
Évaluation
(27)
Projets
27
26%
Arbitrage
2
0% / 50%
En retard
1
4%
Gratuit
28
Développeur 28
Évaluation
(45)
Projets
91
13%
Arbitrage
34
26% / 59%
En retard
37
41%
Gratuit
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