An expert advisor based on Inside days and central pivot points

MQL4 Experts

Trabalho concluído

Tempo de execução 1 dia
Comentário do cliente
Very good job done
Comentário do desenvolvedor
It was a pleasure working with Ernest

Termos de Referência

I would need an Inside Day Robot

  The expert advisor should trade only if the previous day (D-1) is an Inside day.

Explanation of an Inside day:
The daily high of the previous day (yesterday or D-1) has to be lower as the daily high of the day before the previous day (D-2) and the daily low of the previous day (yesterday or D-1) has to be higher as the low of the day before the previous day (D-2)

The robot should open two long positions if for example 5 minutes closing price (period adjustable) above previous day high.

The robot should open two short positions if for example 5 minutes closing price (period adjustable) below previous day low.

Filter one adjustable:

No long trade if a short trade is already open

No short trade if a long trade is already open

Filter two adjustable:

Only open long trade if closing price is above weekly and above daily central pivot points

Only open short trade if closing price is below weekly and below daily central pivot points

Trade management

Two positions should be opened (Pips or ticks oft he stopp loss and the take profit adjustable)

If one position hits the take profit, the stopp loss oft the second position should move to break even.

Second position should be closed when take profit is hit or before end of the trading day (time adjustable)

I am available for all your questions and or your propositions.

Thank you very much in advance for your offers

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