Ea based on oversold overbought indicator

Trabalho concluído

Tempo de execução 1 dia
Comentário do desenvolvedor
Great guy .. friendly and generous .. thanks and I hope we work again soon

Termos de Referência

I need an ea based on the indicator that i attach.

The ea must include the indicator in the code with same imputs and calculations.
The indicator calculates the momentum of the 8 major currencies, applies two smoothing emas and gets a final TSI value in a buffer (index 0 to 7).
This TSI value gives the signal of oversold or overbought for each currency.

The ea is multicurrency only for calculations, but it will trade only in the pair where is installed, and in the same timeframe.
 So the ea must detect first which is the symbol and TF, and use only the buffers for the 2 currencies of that pair for opening trades.

The ea waits until the values of the indicator are in oversold and overbought condition, one currency is oversold and the other is overbought,
when the 2 contrary values appear at the same time. Then we have a signal (the ea trade the reversal of price under this conditions).
For example in EURUSD when EUR is overbought and USD is oversold we have a SELL signal.

After the signal there are 2 conditions for opening a trade:

Condition 1: Once we have a signal, the ea must wait for the actual candle to close, if the signal is a SELL and the candle closes bearish,
then ea opens a sell trade at the candle close. But if the closing candle is bullish, the ea has to wait until the first bearish candle is formed.

Condition 2: When ea finds the correct candle, the values of the indictor should not be greater than in the previous candle.
We calculate this by resting the values of the 2 currencies. The difference of values for actual candle should not be greater than at closing
of previous candle. Example: in the correct candle we have eur=+55 and usd -55 > difference=110, but in the previous candle at closing we had
eur=+50 and usd=-50 diff=100, so in the actual candle the difference is greater than previous candle, trade can not be opened. We have to wait
until the correct candle closes and the difference of indicator values is smaller than previous candle.

The ea finally opens a trade, but the values are still in the conditions for opening a trade, imagine they are still the same for some candles,
the ea will not open more trades in this case. Just one trade per signal.

Only if the values of the 2 currencies or one of the currencies change, for example there was a signal in +50 and -50, in some candles one currency
maintains +50, but the other goes from -50 to -40 and again to -50, in this case we will have a new signal and the ea will look for the proper candle
again. no matter if there are an opened trade just before.

Trade will close with 3 options: fixed tp in points, tp in the ema, tp in X value of indicator.

Inputs for the ea:
>·original imputs of the indicator
>·magic number:
>·overbought value to open trade: (0 +100)
>·oversold value to open trade: (0 -100)
>·fixed lot:
>·risk lot: 1% -100%
>·max simultaneous opened trades: (if 0 no limit) (max trades for this ea, this magic number)
>·stoploss in points for single trade: (if 0 no stoploss)
>·global/ hard stoploss: in % (ex: if equity -10% close all open trades)
>·type of tp: points/ema/value
>·tp if points: (if 0 no tp)
>·tp if ema: (manual value for ema: 50, 100, 200…)
>·tp if value: X : this means if a trade is opened by oversold/overbought value, it will close when one of the 2 currencies, no matter wich one,
arrives to this value: if open trade by+50 for one currency and -50 for the other currency, the trade will close when one of them arrives to X.
This should take into account that values should be 0 or contrary to the initial one: if X is 25>> open trade was +50 and -50, so close condition
is the first currency +50 goes to -25, or the second currency goes from -50 to +25.
EURUSD: if signal buy EUR -50 USD +50 tp will be EUR +X or USD -X   
EURUSD if signal sell EUR +50 USD -50, tp will be EUR -X or USD +X
>·max simultaneous trades for the ea (this magic number): 1, 2, 3 etc
>·graphic options: show full indicator/ show only the trading pair/ hide indicator

Arquivos anexados:

TXT
details.txt
4.0 Kb

Respondido

1
Desenvolvedor 1
Classificação
(104)
Projetos
166
24%
Arbitragem
23
9% / 78%
Expirado
16
10%
Trabalhando
2
Desenvolvedor 2
Classificação
(15)
Projetos
19
16%
Arbitragem
5
40% / 40%
Expirado
0
Livre
3
Desenvolvedor 3
Classificação
(22)
Projetos
21
10%
Arbitragem
4
25% / 75%
Expirado
0
Livre
4
Desenvolvedor 4
Classificação
(37)
Projetos
59
27%
Arbitragem
26
19% / 54%
Expirado
10
17%
Trabalhando
Publicou: 1 código
5
Desenvolvedor 5
Classificação
(6)
Projetos
8
25%
Arbitragem
2
50% / 0%
Expirado
2
25%
Livre
6
Desenvolvedor 6
Classificação
(5)
Projetos
7
43%
Arbitragem
8
13% / 88%
Expirado
0
Livre
7
Desenvolvedor 7
Classificação
(93)
Projetos
115
23%
Arbitragem
21
29% / 52%
Expirado
8
7%
Livre
8
Desenvolvedor 8
Classificação
(64)
Projetos
83
28%
Arbitragem
9
33% / 56%
Expirado
9
11%
Livre
Publicou: 1 código
9
Desenvolvedor 9
Classificação
(77)
Projetos
243
74%
Arbitragem
7
100% / 0%
Expirado
1
0%
Livre
Publicou: 1 artigo
10
Desenvolvedor 10
Classificação
(60)
Projetos
87
29%
Arbitragem
24
13% / 58%
Expirado
7
8%
Trabalhando
Pedidos semelhantes
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
I currently have a powerful and well-structured Expert Advisor available on the MT5 platform. This EA is designed with: ✅ Advanced entry and exit logic ✅ Smart risk management system ✅ Automatic lot sizing option ✅ Break-even and trailing stop protection ✅ Spread and session filters ✅ Drawdown control features ✅ Optimized for XAUUSD and scalping strategies ✅ Suitable for prop firm challenges like FTMO It is built for
Do you need a profitable and well-structured trading strategy converted into a fully automated Expert Advisor on the MT5 platform? I specialize in developing advanced, high-performance EAs with: ✅ Smart entry & exit logic ✅ Risk-based lot size calculation ✅ Break-even & trailing stop system ✅ Spread & session filters ✅ Daily drawdown protection ✅ Prop firm (FTMO-style) risk compliance ✅ Fully automated trade
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 am offering a ready-to-use trading system that connects MetaTrader 4 signals with automated trading on Polymarket. The system is already fully developed and working. What the system does: The bot copies signals from a custom MT4 indicator and executes trades automatically on Polymarket prediction markets. How it works: A custom MT4 indicator generates BUY or SELL signals using buffers. When a signal appears, it is
DO NOT RESPOND TO WORK WITH ANY AI. ( I CAN ALSO DO THAT ) NEED REAL DEVELOPING SKILL Hedge Add-On Rules for Existing EA Core Idea SL becomes hypothetical (virtual) for the initial basket and for the hedge basket . When price hits the virtual SL level , EA does not close the losing trades. Instead, EA opens one hedge basket in the opposite direction. Original basket direction Hedge basket direction (opposite) Inputs
Billionflow 30 - 100 USD
Trading specifications: Indicators: Bollinger band ( Period 40, Deviation 1 apply to close) Moving Average (Exponential ) Period 17 applied to high Moving Average ( Exponential ) Period 17 applied to low But Signal enter a buy trade when prices crosses the lower band of the bollinger band up and also crosses the moving average channel of high and low the reverse is true for sell signal
Hello, I am a user of the "BUY STOP SELL STOP V6" trading bot, which is an advanced Grid System bot. The bot is primarily designed for Gold (XAUUSD), but I want it to work on all currency pairs. "The bot contains a privacy/protection code that prevents it from running on other accounts or being modified on any platform, as it has a client account number lock mechanism" --- Bot Description & Current Settings Bot Type
Looking to purchase a Good forex or gold/ BTC trading EA and it's source code. Must be compatible with low budget like less than $500 accounts, Must need no manual intervention and run fully automated. If you are interested in selling me the source code, please share the Read only account access where the EA has already been running on, so i can check past performance and get an idea on how it works or runs. Dont

Informações sobre o projeto

Orçamento
50+ USD