FreelanceSezioni

An Expert Advisor based on Heikin Ashi RSI Oscillator

MQL4 Esperti Forex Trading robot/indicator debugging

Lavoro terminato

Tempo di esecuzione 11 ore
Feedback del cliente
Very happy to tackle the task. Understands the desired outcome. Very helpful and honest
Feedback del dipendente
I enjoy working with this man. Good manners and kind. This is my second project with him. I hope we will work on more projects in the future

Specifiche

The Heikim Ashi RSI Oscillator by Jay Rogers is a Trading view indicator. I have recently had it converted to MT4.

Next project is to create an EA that will use the indicator for buy/sell, simple trade management and risk management.

The indicator works best on the 1 minute time frame (EURUSD, GBPUSD, AUDUSD).

I still use some discretion when taking a trade, for example when price is in free fall the indicator does not work but when price is steady the indicator based on a set of rules works very well.

The issue is taking these profit levels and trade set ups on a consistent basis thus needing a robot to do this.


The trade management has 3 partial limit levels to get out at profit. 1 level for a full loss. These are based on the stop level, if the entry is 1.0803 (Buy) the stop might be 6 pips 1.0796.

The first profit level is 1.0809 (6pips 1/1). Stop is now moved to -2. Next profit level is 9 pips (1.5/1), Stop is moved to +1 and the last profit level in this example would be 12 pips (2/1 based on the original opening position).


The example idea above will vary meaning perhaps the order entry sigal was at 1.0805 and the STOP needs to go 2 pips below the recent low. Image provided.

Risk I set at 0.10% of available capital


As per the image included, the buy signal is when HARSI is in the oversold area (-20) and comes back into the boxed boundries..the buy is the close of the 2nd green candle (preferbaly the 2nd green candle is a bigger candle versus the 1st green candle). The HARSI is not used to get out of a trade.


The image is from a Tradingview chart but this project will need to be completed for MT4


I can offer more insights and answer your questions as needed.


File:

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Harsi_1_min_MQL.png
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Informazioni sul progetto

Budget
100 - 350 USD
Scadenze
da 5 giorno(i)