SOLDIERS AND CROWS EA for MT4
I would like an Expert Advisor for MT4 to trade Forex pairs on the 4 HOUR time frame. Basically it hunts sets of three consecutive up bars, or three consecutive down bars. (Three white soldiers or three black crows.)
It only opens positions when no position is currently open on that specific Forex pair. For clarity's sake, it does not add to positions, or negate them, because of new signals in the same, or opposite, direction once a trade is on. It just waits for take profit or stop loss to be hit, and as soon as a trade is closed it begins looking for a new one.
ENTRY TIME PARAMETERS
The EA can only open positions during a specific time window. This should be adjustable. The default should be between 500AM and 1PM EST. So, since it's the 4 hour time frame, the EA will only enter the market at the close of the 100, 500, or 900 bars (meaning at 500, 900, or 1300).
ENTRY PARAMETERS
Long Position (Three White Soldiers)
-BUY at the current price after the close of 3 consecutive up bars. (Buy LONG after any 3 consecutive 4 hour bars that closed higher than they opened, as long as the third bar closed between 500 and 1300 EST, AND no position, long or short, on that pair is currently open.)
Short Position (Three Black Crows)
-SELL at the current price after 3 consecutive down bars. (Sell SHORT after any 3 consecutive bars that closed lower than they opened, as long as the third bar closed between 500 and 1300 EST, AND no position, long or short, on that pair is currently open.)
Note: I know that traditionally the Three White Soldiers/Black Crows patterns insinuate that each bar in the pattern was a strong move. We don't need to worry about that here. I'm just looking for three consecutive bars in either direction. We don't have to define them any more specifically than they closed higher than they opened three bars in row.
TAKE PROFIT AND STOP LOSS
Every trade will have a Take Profit and Stop Loss. Obviously there are no exit time parameters. Stop Loss and Take Profit values are set relative to the ATR(14) (Average True Range with length = 14).
-Stop Loss is equal to the ATR(14) at the time of entry + a small adjustable “Spread” (2 pips default).
-Take Profit is equal to the value of the Stop Loss multiplied by 3 (TP = 3x the ATR(14) at the time of entry + 3x spread).
The risk to reward should be adjustable. The risk will always be the ATR(14) + Spread. So, the only thing adjustable about the risk will be the Spread. The “Reward Ratio” will adjust where the Take Profit is set. The take profit value does not necessarily need to be expressed in terms of the ATR(14). It could simply me a multiple of whatever the Stop Loss is.
VOLUME/ LOT SIZE
EA should calculate lot sizes based on risk for each position. I would like to risk 2% of the current account balance at the time of entry. I would like the value for risk to be expressed in terms of percentage of account balance at entry and I would like that value to be adjustable.
NOTES
Values I would like to be adjustable (default):
-Spread (2pips)
-Entry time window open (500)
-Entry time window close (1300)
-Reward Ratio (3) (The Take Profit = 3( The Stop Loss))
-Risk (2% of the account balance at entry)
-What defines a pip (0.0001 vs 00.01) (If this is necessary ?)
Note: This will be used on JPY and non-JPY pairs. If I need to adjust what a defines a pip for each pair that's not a problem. Just let me know.
Thanks!
Pedidos semelhantes
MT4 EA TO TAKE TRADES FROM (A) HYDRA TREND RIDER AND (B) IQ GOLD GANN LEVELS ON MQL5.COM The MT4 version of these two indicators can be found on the mql5.com website with the following links: Hydra Trend Rider: https://www.mql5.com/en/market/product/111010?source=Site +Profile+Seller IQ Gold Gann Levels: https://www.mql5.com/en/market/product/134335?source=Site +Profile+Seller (1) ENTRY (a) Hydra Trend Rider
I have a strategy for US100 where I want a bot to trade according to my strategy, contact me who have proven experience in making bots for MT4 or MT5
It the most grate trading robot vacuum forex cleaner it's best helper in the whole south Africa it profitable and helps lots of people in Africa it's high quality standard are maintained ina official website this I created byAkhan I siyo
Job Description We are looking for an experienced MQL5 developer to build a professional Expert Advisor (EA) for MetaTrader 5 based on a detailed quantitative trading model. The EA will trade XAUUSD (Gold) on the M5 timeframe using a Session Breakout + Fibonacci Retracement strategy with advanced institutional-level filters. The system includes volatility filters, liquidity sweep detection, London session
I need an experienced MQL5 developer to modify my existing MT5 EA by replacing the current entry logic with a new breakout strategy and implementing strict prop-firm safety protections. The EA must behave exactly as specified below. If the final EA does not match the logic described, I will request revisions until it does. SYMBOL AND TIMEFRAME Symbol: USDJPY Timeframe: M15 only TRADING SESSION Trades may only open
I am looking to purchase an existing and profitable Expert Advisor (EA) designed for Gold (XAUUSD) scalping. This is not a request to develop a new EA . I am only interested in a ready system that is already trading profitably on a live account . Requirements • Designed for Gold / XAUUSD • Compatible with MetaTrader 5 (MT5) • Scalping strategy (preferably M1 or M5) • Verified live trading performance (preferably 6
2 FX pairs M15 execution with higher timeframe bias Session-based trading (UK time) Fixed % risk per trade Controlled pyramiding (add to winners only) Strict daily loss limits (FTMO-style) Proper order handling (SL always set) Basic logging (CSV) Strategy logic will be provided in detail after NDA / agreement. Must deliver: Source code (.mq5) Compiled file (.ex5) Clean, well-commented code Short support window for
Hi, are you able to create a script/indicator on tradingview that displays a chart screener and it allows me to input multiple tickers on the rows. then the colums with be like "premarket high, premarket low, previous day high, previous day low" . When each or both of the levels break, there will pop up a circle on the chart screener, signaling to me what names are above both PM high and previous day high or maybe
I need an Expert Advisor for MetaTrader 5 (MQL5) to trade XAUUSD based on a simple price movement cycle. Strategy logic: • The EA opens a Buy and a Sell at the same time (one pair per cycle). • Only ONE Sell position must exist at any time. • Every Buy must be opened together with a Sell. Cycle rules: • Step movement = 10 USD in gold price. • CycleEntryPrice = the OPEN PRICE of the last cycle BUY order. • If price
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