Dual Exponential Moving Average With Average Directional Movement Index Expert

Tâche terminée

Temps d'exécution 1 jour
Commentaires du client
Very fast work, great and efficient communication. Program uses a clear structure that is easy to understand. Highly recommend

Spécifications

*** clarification I need this in MQL5 :) ***

I've been manually using a strategy to pretty good success, but like all normal people, I have to sleep sometimes and have a life, making me miss many entry/exit points. Time to automate it all!

The strategy is simple, really, and you may have seen it before. I use it on the 1 hour timeframe. 2 Exponential Moving Average (EMA) on close, one fast and one slow, crossover. You buy or sell. You exit when they crossover again. As a bonus, you have an Average Directional Moving Index (ADX) indicator that you use as a second rule to make the whole thing safer. The ADX gives you a second exit signal, and it prevents you from going in at the wrong time. I trade on many symbols at once.

Here's the rundown of the strategy, and what I'd need programmed.

The are 3 states to the trade. Buy, Sell, or Standby.

Entry point:

Fast EMA (12) + Slow EMA (36) + ADX (14) with a level at 40

If the Fast EMA crosses over the Slow EMA,then there is a potential trade. 2 things are now checked.

If The ADX level was over 40 and is now just about to cross under, like at 41, then there is no entry. There will be no entry until the next crossover. Usually these crossovers are unstable anyway.

If both EMAs are very close to each other, say withing 50 points (5 pips), it waits until the next bar close to go in. It keeps checking every bar until the signal is good, The ADX dips back under 40, or there's a new crossover.

Anything else is good, and a buy signal is sent and a trade is made. Same thing is the Fast EMA crosses under the Slow EMA. Check the ADX and the difference between EMAS, and if it's good, then a Sell trade is initiated.


Exit point:

A trade exits on 2 conditions. Either the EMAs crossover in the opposite direction, or the ADX went over the 40 level and back down under the 40 level.


Inputs and options:

Here's where we have fun! Even though my strategy uses static numbers because I've grown accustomed to them, why not have the liberty to modify some things and adapt to new conditions? 

Both EMAs and ADX period and level.

Volume. I usually go for a percentage of my account balance, so the input would ideally be noted as a percentage

Timeframe. I trade on the 1 hour timeframe, but having the option to test it out on different timeframes could prove useful.

Multiple symbols. I need to be able to trade on multiple symbols simultaneously. 

Optional take profit, stop loss and trailing stop, as points. All 0 by default as the main strategy doesn't use any of those. I've found that mainly the trailing stop was useful when i couldn't pay close attention to my trades.

ADX tolerance. As mentioned, I don't enter trades if the ADX is above 41 and headed downwards to 40. I eyeball it though. Maybe it should be 42. Or 40.5. That number should be modifiable.

Manual trades. Sometimes using the exit points mentioned I will get out of a trade that could have kept on going much longer and keep being profitable. This usually happens when the ADX is oscillating around the 40 level and can't make up its mind. I'd like the option to re-enter a trade manually and have the automated exit points still active on the manual trade.


----------------

As a non-programmer, I assume all this is simple enough. I'm probably wrong and I may be asking for a very complicated thing. I'm using EMAs and ADX, very common things. But maybe the combination of it all makes it way more difficult than it is in my head. I set a variable budget because I know that 30$ won't cut it, and I hate negotiating, so I put a range in. Please be upfront about how much time programming this would take, and how actually difficult it is, and if you have suggestions to improve on it. I won't necessarily employ the cheapest programmer, but rather the one that shows me he's the best for the job.


Thank you!

Répondu

1
Développeur 1
Évaluation
Projets
0
0%
Arbitrage
0
En retard
0
Gratuit
2
Développeur 2
Évaluation
(1121)
Projets
1809
61%
Arbitrage
14
64% / 7%
En retard
84
5%
Gratuit
3
Développeur 3
Évaluation
(89)
Projets
137
24%
Arbitrage
35
9% / 40%
En retard
52
38%
Gratuit
4
Développeur 4
Évaluation
(225)
Projets
285
41%
Arbitrage
15
13% / 47%
En retard
67
24%
Gratuit
Commandes similaires
Job Description We are looking for an experienced MQL5 developer to build a professional Expert Advisor (EA) for MetaTrader 5 based on a detailed quantitative trading model. The EA will trade XAUUSD (Gold) on the M5 timeframe using a Session Breakout + Fibonacci Retracement strategy with advanced institutional-level filters. The system includes volatility filters, liquidity sweep detection, London session
I need an experienced MQL5 developer to modify my existing MT5 EA by replacing the current entry logic with a new breakout strategy and implementing strict prop-firm safety protections. The EA must behave exactly as specified below. If the final EA does not match the logic described, I will request revisions until it does. SYMBOL AND TIMEFRAME Symbol: USDJPY Timeframe: M15 only TRADING SESSION Trades may only open
I am looking to purchase an existing and profitable Expert Advisor (EA) designed for Gold (XAUUSD) scalping. This is not a request to develop a new EA . I am only interested in a ready system that is already trading profitably on a live account . Requirements • Designed for Gold / XAUUSD • Compatible with MetaTrader 5 (MT5) • Scalping strategy (preferably M1 or M5) • Verified live trading performance (preferably 6
2 FX pairs M15 execution with higher timeframe bias Session-based trading (UK time) Fixed % risk per trade Controlled pyramiding (add to winners only) Strict daily loss limits (FTMO-style) Proper order handling (SL always set) Basic logging (CSV) Strategy logic will be provided in detail after NDA / agreement. Must deliver: Source code (.mq5) Compiled file (.ex5) Clean, well-commented code Short support window for
Hi, are you able to create a script/indicator on tradingview that displays a chart screener and it allows me to input multiple tickers on the rows. then the colums with be like "premarket high, premarket low, previous day high, previous day low" . When each or both of the levels break, there will pop up a circle on the chart screener, signaling to me what names are above both PM high and previous day high or maybe
I need an Expert Advisor for MetaTrader 5 (MQL5) to trade XAUUSD based on a simple price movement cycle. Strategy logic: • The EA opens a Buy and a Sell at the same time (one pair per cycle). • Only ONE Sell position must exist at any time. • Every Buy must be opened together with a Sell. Cycle rules: • Step movement = 10 USD in gold price. • CycleEntryPrice = the OPEN PRICE of the last cycle BUY order. • If price
I am looking for a professional MQL5 developer to build a MetaTrader 5 Expert Advisor from scratch. The EA will be called LadyKiller EA. It must trade only the following instruments: • XAUUSD (Gold) • US30 / Dow Jones Index Requirements: • Strong and reliable buy and sell entry logic • Stop Loss and Take Profit system • Risk management (lot size control) • Maximum trades protection • Drawdown protection • Trend
I need an mql5 EA which can be used with 100$ capital very low drawdown The EA should be high frequency trading special for XAUUSD and btcusd or binary options but also the EA should be testable via strategy tester and demo test for five days is needed NO SELECTION CAN BE DONE WITHOUT TESTING when applying make sure you send the backtester results with demo EA testable via strategy tester
Hello, I'm looking to find out the cost of creating a mobile trading robot. I've tried to describe it as thoroughly as possible in the following document. I look forward to your response. I'd like to know the costs, delivery time, and how you plan to implement it before making a decision
I have an existing MT5 Expert Advisor (“E-Core”). I need an experienced MQL5 developer to integrate a structured risk management upgrade and a higher timeframe trend filter into the current code. Two files will be provided: 1️⃣ E-Core Source Code (Current Version) 2️⃣ Update Instructions File (contains exact inputs, functions, and logic to integrate) The developer must: Integrate the update logic

Informations sur le projet

Budget
40 - 75 USD