Expert advisor based on candlesticks and the Relative Strength Index (RSI)

Spécifications

Final Trading System Specifications
1. Hedging Activation
Allow opening buy and sell positions simultaneously when entry conditions are met for each direction independently.
2. Smart Entry Logic
Candles Count: Analysis based on the last 72 candles.
Overall Trend Determination:
If the majority of candles are bullish → the trend is bullish.
If the majority of candles are bearish → the trend is bearish.
Buy Entry Conditions:
Overall trend is bullish.
The last candle close is above the average close of bullish candles.
RSI close is below 40.
When all conditions are met, buy positions start opening.
Sell Entry Conditions:
Overall trend is bearish.
Price is below the average close of bearish candles.
RSI close is above 60.
When all conditions are met, sell positions start opening.
3. Flexible Grid System
Up to 30 orders per direction (buy / sell).
Orders are distributed according to the predefined grid logic, independently for each direction.
4. Order Spacing Control (Price-Based / Percentage-Based)
A mandatory minimum distance between consecutive orders to prevent order clustering.
Spacing can be defined as:
A fixed price distance (e.g. $3 per order), or
A percentage of price (e.g. 0.3% per order).
Applied independently to buy and sell orders.
Works in conjunction with grid level duplication prevention.
5. Risk Management & Exit Rules
Take Profit:
Close all open positions when total profit reaches 5% of the cycle’s starting balance.
Account Protection Stop:
Close all positions and stop the cycle when total loss reaches 10%.
Always-On Exit Logic:
Exit rules remain active at all times, regardless of market conditions.
Cycle Reset:
After a cycle is closed (profit or loss), a new cycle can only start once entry conditions are met again.
6. Lot Size Management
The system supports multiple lot sizing methods:
Option A: Fixed Lot
A fixed lot size is used for the first order in each direction.
Option B: Dynamic Lot Sizing
Lot size is calculated based on account balance or equity, such as:
Lot per fixed balance amount (e.g. 0.01 lot per $1,000), or
A predefined risk percentage per trading cycle, automatically converted to lot size.
Grid Lot Scaling (Optional)
Ability to increase lot size per grid level using a lot multiplier.
With strict limits:
Maximum allowed lot size.
Maximum total lots per direction or for the entire account.
Automatic compliance with broker constraints (minimum lot, lot step, maximum lot).
7. News Behavior (Makkah Time)
Pre-News Cooldown (15:30 – 17:00)
Automatically increase grid spacing before high-impact news.
Prevent starting a new trading cycle before the news window (safe mode).
Only management of existing positions is allowed.
During News
Complete block on opening any new positions (initial or grid orders).
Risk management and exit rules remain active.
Post-News
Automatic return to normal operation:
Restore original grid spacing.
Allow new cycles only when entry conditions are met.
Spread filter and grid duplication prevention remain active.
8. Additional Safeguards
Spread filter enabled.
Grid level duplication prevention.
Flexible handling of time offset between Makkah time and broker/server time.
9. Order Opening Method (Progressive Batch Execution)
Orders are opened using a progressive batch execution method within the grid system.
Execution starts as follows:
Level 1: Open 1 order.
Level 2: Open 2 orders.
Level 3: Open 3 orders.
Level 4: Open 4 orders.
Level 5 and beyond: Open 5 orders per level as a maximum.
Opening 5 orders per level continues for all subsequent levels until the maximum allowed number of orders per direction is reached.
Execution Rules
Orders for each level are opened as a single batch when the following conditions are met:
The predefined grid spacing (price-based or percentage-based).
All entry conditions for the corresponding direction.
Additional orders are not opened if:
The maximum number of orders per direction has been reached.
Any risk management or news restriction is active.
This execution method is applied independently to buy and sell positions.
Integration with Risk Management
The following systems remain always active and have absolute priority over opening new batches:
Take Profit: +5% per trading cycle.
Account Protection Stop: −10% loss limit.

Répondu

1
Développeur 1
Évaluation
(12)
Projets
19
37%
Arbitrage
1
0% / 100%
En retard
1
5%
Gratuit
2
Développeur 2
Évaluation
(22)
Projets
31
55%
Arbitrage
1
0% / 0%
En retard
1
3%
Travail
3
Développeur 3
Évaluation
(438)
Projets
692
34%
Arbitrage
34
68% / 9%
En retard
22
3%
Travail
4
Développeur 4
Évaluation
(10)
Projets
13
23%
Arbitrage
3
33% / 67%
En retard
1
8%
Travail
5
Développeur 5
Évaluation
(120)
Projets
128
36%
Arbitrage
3
33% / 33%
En retard
2
2%
Chargé
6
Développeur 6
Évaluation
(2629)
Projets
3342
67%
Arbitrage
77
48% / 14%
En retard
342
10%
Travail
Publié : 1 code
7
Développeur 7
Évaluation
(334)
Projets
403
52%
Arbitrage
20
55% / 15%
En retard
29
7%
Chargé
8
Développeur 8
Évaluation
(14)
Projets
14
21%
Arbitrage
0
En retard
0
Gratuit
9
Développeur 9
Évaluation
(10)
Projets
10
10%
Arbitrage
0
En retard
2
20%
Travail
10
Développeur 10
Évaluation
(26)
Projets
32
28%
Arbitrage
5
60% / 40%
En retard
6
19%
Gratuit
11
Développeur 11
Évaluation
(2294)
Projets
2888
63%
Arbitrage
122
44% / 25%
En retard
428
15%
Travail
12
Développeur 12
Évaluation
(176)
Projets
227
19%
Arbitrage
21
38% / 24%
En retard
0
Travail
13
Développeur 13
Évaluation
(15)
Projets
21
38%
Arbitrage
6
33% / 50%
En retard
0
Travail
Commandes similaires
Need a Rebate EA 30 - 200 USD
1. Platform & Environment Platform: MetaTrader 5 (MT5 ONLY) Language: MQL5 Account type: high spread / Netting or Hedging Designed for broker rebate/commission return programs No DLLs, no external dependencies 2. Strategy Overview The EA is a high-frequency scalping Expert Advisor focused on maximizing the number of trades with minimal price movement, where the main source of profitability is broker rebate rather
Automated trading 70 - 100 USD
Automated trading board that runs 24 x 7 on cryptocurrencies/Forex and as well as copy with all the integrated, etc., along with profit and having no boundary of a minimum investment. I want fully executable file, fully customizable robot not a demo
The EA is very simple with just a few parameters to make it lightweight, fast, and above all safe when closing. The EA must close all open positions and cancel all pending orders for the basket when a certain profit or loss is reached, with the trailing profit feature. Capabilities: Closing all open positions and canceling all pending orders for the current symbol or for all symbols. Closing individual order or whole
Fixed alert mt4 40+ USD
I’m looking for an experienced developer to help fix and improve an alert system in a trading project. Tasks Review and fix existing alert logic Ensure alerts work perfectly with no lag or delay Organize and optimize scattered alert code Check for missing files and improve overall structure Suggest and implement necessary improvements Dashboard (Optional but Preferred) Create a dashboard displaying: Brand name
I have an existing MT5 EA and I am sharing the exact behaviour settings below. I need a NEW custom MT5 Expert Advisor that behaves the SAME WAY as these settings. Platform: MetaTrader 5 Symbol: Gold (XAUUSD) Timeframe: M5 (Trading_TF = 0 means current chart) ======================== INDICATOR & TRADE MODE ======================== - Trade Mode = 2 (both Buy & Sell) - Trading timeframe = Current chart (M5)
For a buy case, ea will set buy stop order at the high of the current 4H candle, if the close of the current 4h candle is higher than the open and if the close is less than the high of the 4H candle , then ea will set a buy stop at the high of the current 4h candle. Reverse of this is the sell case. , - -- sell SL to 1800point for gold pair only, set 4500 point for TP, --- , BE the SL to 50points when price moved
//+------------------------------------------------------------------+ //| INDICES SCALPING BOT | //+------------------------------------------------------------------+ #property strict input double RiskPercent = 4.0; input int EMAtrend = 50; input int EMAPullback = 20; input int RSIPeriod = 14; input double ATRMultiplierSL = 3.0; input double ATRMultiplierTP = 2.5; double LotSize(double
I am looking for a bot that has been created and tested and confirmed profitable in a live market for Gold. The bot must be profitable and have a low drawdown. The developer will send a demo EA which I can test for myself. I am looking for more of a partnership with an experienced developer. Please no EA on demo accounts. The EA must be verifiable on real account
I am looking for a bot that has been created and tested and confirmed profitable in a live market for Gold. The bot must be profitable and be verifiable on real account and have a low drawdown. The developer will send a demo of the EA which I can test for myself. I am looking for more of an experienced developer. Please no EA on demo account
📌 Development Request – AI Precision Enhancement I would like to clarify my request clearly and precisely. The current trading strategy is strong, stable, and effective , and I do not want to modify or replace the core strategy logic in any way . The goal is only to enhance entry and exit precision , not to redesign the system. ✅ Scope of Work (Required) Please keep the existing strategy exactly as it is , and add

Informations sur le projet

Budget
30 - 60 USD
Délais
de 1 à 2 jour(s)

Client

(6)
Commandes passées11
Nombre d'arbitrages0