This strategy is going to be based on 3 sets of indicators.
Indicator 1:
Moving averages. Here we need 2 moving averages.
✓ The 50EMA and,
✓ The 200EMA.
- Whenever the red 200EMA is above the blue 50EMA, this gives the idea that the market is bearish (look for sell opportunities)
- Whenever the 50EMA is above the 200EMA this gives as the ideas that the market us bullish (look for buy opportunities).
Indicator 2:
Indicator 2 is the pivot points indicator. This indicator is very useful and plots real-time support and resistance levels on the charts. It draws 4 resistance levels
as well as 4 support levels at every instance, namely R1, R2, R3…, and S1, S2, and S3… respectively.
✓ So, when the price is bearish, we want to see how the price reacts around the R1, or if it breaks through, we want to see how the price reacts above PP, R1, R2 and R3. Here we look for sell positions
✓ When the price is bullish, we want to see how price reacts below PP, S1, S2, S3 and so on. At this position we will be looking for buy entries. Please note that this is the region below PP.
Indicator 3:
- The RSI dot period should be 6. make it a variable
Now this is the indicator that gives confirmation to enter the market. Please never take a trade when this hasn’t happened. So if the price is bearish and the
black dots are plotted above either R1, R2, and R3, those are our entry confirmations. And If the price is bullish, we want to see the green dots getting plotted
below S1, S2, and S3 so that we can take the buy entries. If none of these is met, we shouldn't take trades.
Adittional instructions.
- For the moving avarage i should be able to disable them on the EA. i.e they should be optional
- I want to be able to define the lot size
- I want to be able to define TP and SL. I want it to be in points so that I can have different SETs for various pairs
- I want a trailing TP so leave variables where i can adjust where the trailing stop will start.
- Also add an indicator panel on the chart when the EA get loaded. (be creative here)
NB:
- The EA should only take one trade at a time on the chart it is loaded onto. If another opportunity happens while still on a trade the EA should not excecute it.
For the EMA filter add a box where i can disable them.
Commandes similaires
Tired of emotional trading and inconsistent results? Let automation do the work for you. 💡 Introducing a powerful Expert Advisor designed to: Execute trades based on proven strategy logic Eliminate human errors and emotional decisions Manage risk intelligently Operate 24/7 without fatigue 📊 Key Features: ✔️ Advanced entry & exit conditions ✔️ Smart trade management (SL/TP optimized) ✔️ One-trade-at-a-time logic for
Sniper Strategy EA -Presicion Forex Trading Bot for MT4 and MT5 Sniper Strategy EA is a fully automated Expert Advisor that executes high-probability forex trades using EMA 50/200 trend detection, RSI 14 momentum filtering, and automatic Support and Resistance zone identification. This bot does not chase price — it waits for price to come to key levels and confirms with multiple indicators before entering, just like
I already have an MT5 trading bot called Omega Bot and I am looking for a marketer / seller who can help me find real buyers. Commission: 100 USD per successful sale Bot details: - MT5 only - Gold and Silver - M15 - ORB strategy - Asia and New York sessions - Automatic risk management - Break-even - Trailing stop - Spread filter - Beginner friendly - Ready settings file - Trial version available - Support after sale
Hello, I’m looking for an experienced MQL4 developer to build a custom MT4 Expert Advisor based on a Koncorde-style indicator strategy. Here are the main requirements: 🔹 General Overview The EA must be a master EA , running on a single chart and managing multiple currency pairs simultaneously No need to attach EA to each chart Must support a configurable list of symbols 🔹 Indicator Requirement Develop a custom
I want to find a Developer to perform this work and settle payments in this Application. I undertake not to communicate with Applicants anywhere else except this Application, including third-party
Hi guys I’m looking for a coder who’s experienced in one script. The candidate must be familiar with fractals and self similarity. If you can’t code self similarity, please don’t bother contacting me ( respectfully). I just don’t want us to waste each others time. My budget is 100$. If that’s too low for you please, don’t contact me. Only contact me if you can code self similarity and can accept 100$. I will provide
Looking to acquire a good MT5 based EA that works on Gold, forex pairs or BTC. Must be suitable for current market conditions and profitable in backtests. Suitable on 1 Min timeframe to be used on, Must be actively opening many positions throughout the day. Share me the details if this matches something you have or developed. Looking to get this finalised within the weekend
I am looking for an experienced MQL5 developer to improve an existing forex EA, not build a completely new robot from zero. Important note: I use GPT to help me write because my English is limited. The wording may be assisted by GPT, but the trading issues, testing observations, and improvement goals are real from my side. I need a developer who is patient, understands strategy logic well, and can explain the
Fair Value Gap Expert , Optimize the core logic for live chart . [Filters are working] Lets ace the trailing stop . Change points to pip . Project will start from next week
I am looking to develop a highly optimized and fully modular script in MQL5 specifically for detecting RSI Divergences. This script will serve as a foundational building block to be integrated into a larger, comprehensive Expert Advisor (EA) later. Therefore, execution speed, strict logic, and a clean codebase are my absolute top priorities. Here are the core technical requirements for this project: 1. MQL5