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EA development based on an divergence Indicator

MQL4 Esperti

Lavoro terminato

Tempo di esecuzione 1 giorno

Specifiche

I would like you to build an Mt4 EA based on a divergence INDICATOR (I will send it to you, and if you think necessary to revise it in order to correctly output the date, it’s ok). The EA must be able to read this INDICATOR using iCustom (therefore, you may need to make some modifications to the INDICATOR’s output).


The trading conditions are as follows (using Buy as an example):

1.When a bearish divergence appears, place a Buy Stop at the highest point of that divergence to open the first trade, with the stop loss set at the lowest point of that divergence. 

2.On the second day after the trade or later (note: not the second day after the divergence signal, since the trade may only be executed one day after the divergence appears), if a second divergence appears, the stop loss of the first trade will be moved to the lowest point of the second divergence.

3.For the second divergence, a Buy Stop will still be placed at its highest point to open the second trade, with the stop loss set at the lowest point of that divergence.

4.Repeat the logic: on the second day after the second trade or later, if a third divergence appears, the stop losses of both the first trade and the second trade will be moved to the lowest point of the third divergence.

5.For the third divergence, a Buy Stop will still be placed at its highest point to open the third trade, with the stop loss set at the lowest point of that divergence.

6.The Sell trading logic is the opposite of Buy. This EA must include both Buy and Sell trades.

7.The total number of open positions is 3 trades, with a lot size of 0.1, but please make both adjustable parameters.

8.This EA must be able to run in backtesting.



IMPORTANT NOTES:

Please make sure there is no repainting and no signal delay. All trades must 100% align with how the indicator is shown on the chart.


Also, please fully backtest the EA before sending it to me. Recently, I’ve encountered cases where the EA was only made to run without proper checking or testing, and was sent to me as-is. This is not acceptable.



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