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CREATE A ROBOT BASE ON PVRSA STRATEGY!!! I ALREADY HAVE A BASE CODE BUT I CANT PUT TO WORK

MQL4 Experts

Termos de Referência

1. Identify the green or blue vector candlesticks on the chart that have large volume and are in the highest range of the chart respectively for short trades. And red or purple vector candlesticks on the chart that have large volume and are in the lowest range of the chart respectively for long trades on all 4 time frames: 1-minute, 5-minute, 15-minute and 1-hour. 2. Compare the current price to the 800 EMA on 1-minute, 200 EMA on 5-minute, 50 EMA on 15-minute, and 13 EMA on 1-hour time frame. 3. Use the Bollinger Bands breakout strategy as a filter for the first strategy, only executing trades when the price is above or below the Bollinger Bands. 4. When a green or blue vector candlestick with large volume is identified in the highest range of the chart and the price has deviated significantly from the 800 EMA, 200 EMA, 50 EMA, or 13 EMA on any of the 4 time frames, and is above or below the Bollinger Bands, place a order for short trades. When a red or red or purple vector candlestick with large volume is identified in the lowest range of the chart and the price has deviated significantly from the 800 EMA, 200 EMA, 50 EMA, or 13 EMA on any of the 4 time frames, and is above or below the Bollinger Bands, place a sell order for long trades. 5. Add an additional condition to check if the current trade's profit or loss is greater than or equal to the target profit of 10% based on the full capital of the account. If so, close the trade. 6. Add another condition to check if the current trade's profit or loss is greater than or equal to the maximum daily loss limit of 1% based on the full capital of the account . If so, close the trade. 7. Add a final condition to check if the overall loss of all trades on the account is greater than or equal to the maximum loss limit of 3% based on the full capital of the account. If so, stop executing trades for the day and wait for the next trading session. 8. Set a stop-loss order at a level below or above the purchase price to limit potential losses. 9. Set a take-profit order at a level above or below the purchase price to lock in profits when the price rises or falls respectively. 10. Use the TDI strategy to monitor the volatility of the market. When the price goes beyond the volatility band, it indicates a potential trend change. When the price goes back inside the volatility band, it indicates that the trend is retracing and may be a good time to enter or exit a trade. 11. Use the volume profile of the range to determine the direction of the market. If the price is moving towards the value area high, the market is bullish and a long trade is favorable. If the price is moving towards the value area low, the market is bearish and a short trade is favorable. If the price is moving towards the point of control, it indicates that the market is balanced and no trade should be made. 12. Monitor the VWAP and look for trading opportunities when the price crosses above or below the VWAP, and retest the VWAP for confirmation of the movement. 13. Keep an eye on smart money activities, such as large institutional investors buying or selling a particular asset , as they can provide valuable information about the market sentiment and potential future price movements. 14. Look for "M" (above key EMA) and "W" (below key EMA) formations on each time frame to indicate a change in trend direction. 15. Execute trades only during the London and New York sessions to take advantage of increased volatility and liquidity during those times. 16. Pay attention to market openings and the close of the London session for potential price movements. 17. Close all trades 10 minutes before the market closes to avoid any potential last-minute price fluctuations that could affect your trades. 18. The basic of the strategy is hunting previous vector candles on the left side of the chart. It's important to check for previous vector candles on all time frames, as this will provide valuable information about the market sentiment and potential future price movements.

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Informações sobre o projeto

Orçamento
30 - 100 USD
Desenvolvedor
27 - 90 USD
Prazo
de 5 para 10 dias