Here's a detailed description of an Expert Advisor (EA) based on a candlestick-dependent strategy:

Spécifications

Here's a detailed description of an Expert Advisor (EA) based on a candlestick-dependent strategy:

Strategy Overview
The EA will implement a trading strategy based on candlestick patterns, opening trades when a bullish candle is detected and avoiding trades when a bearish candle is detected.

Key Features
1. *Candlestick Pattern Identification*: The EA will identify bullish and bearish candles based on their open and close prices.
2. *Trade Entry*: The EA will open a trade when a bullish candle is detected.
3. *No Trade Entry*: The EA will not open a trade when a bearish candle is detected.
4. *Risk Management*: The EA will implement risk management techniques, such as stop-loss and take-profit levels.

Requirements
1. *Programming Language*: MQL5 (MetaQuotes Language 5) for use on the MetaTrader 5 platform.
2. *Candlestick Analysis*: The EA will analyze candlestick patterns to determine trade entries.

Technical Specifications
1. *Candlestick Pattern Identification Algorithm*: The EA will use a custom algorithm to identify bullish and bearish candles based on their open and close prices.
2. *Trade Entry Logic*: The EA will use specific logic to enter trades when a bullish candle is detected.
3. *Risk Management*: The EA will implement robust risk management techniques, such as stop-loss and take-profit levels.

Parameters and Settings
The EA will have adjustable parameters and settings, including:

1. *Candlestick Pattern Parameters*: Adjustable parameters for identifying bullish and bearish candles, such as:
    - Candle body size
    - Wick size
2. *Trade Entry Parameters*: Adjustable parameters for entering trades, such as:
    - Trade entry criteria
    - Position sizing
3. *Risk Management Parameters*: Adjustable parameters for managing risk, such as:
    - Stop-loss level
    - Take-profit level

Development Requirements
To develop this EA, the developer should have:

1. *MQL5 programming skills*: Proficiency in MQL5 programming language and MetaTrader 5 platform.
2. *Candlestick analysis skills*: Understanding of candlestick patterns and their interpretation.
3. *Trading knowledge*: Understanding of trading principles and risk management techniques.

Additional Considerations
1. *Time Frame*: The EA can be designed to work on any time frame, from minutes to hours or days.
2. *Currency Pair*: The EA can be designed to work on any currency pair, but it's essential to test and optimize it for specific pairs.
3. *Market Conditions*: The EA should be designed to adapt to different market conditions, such as trending or ranging markets.

Dossiers :

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Développeur 1
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15%
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29% / 50%
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42%
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9% / 36%
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5%
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Publié : 3 codes
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Informations sur le projet

Budget
30+ USD
Délais
de 1 à 5 jour(s)

Client

Commandes passées4
Nombre d'arbitrages0