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I need to create an Expert Adviser for MT5 based on SMA200

MQL5 Experts

Trabalho concluído

Tempo de execução 13 horas

Termos de Referência

I want a qualified developer who can help me to create the forex EA.


Concept Summary:

The strategy for this EA  on MT5 will be based on Simple Moving Average 200,the current price and narrow zone  

The narrow zone is defined by X pips from SMA200(It is the zone where the prices is very near to the SMA200).When the price touches in that grabbed zone the EA will create immediately the Buy stop and sell stop

Trading Signals:

  • When price enters a narrow zone around the SMA200 (±X pips), the EA:

    • Places a Buy Stop above the zone

    • Places a Sell Stop below the zone

  • SL = opposite side of the zone

  • TP = 2×SL (i.e. 2R target)

If one order triggered, the opposite order will be cancelled automatically after 1hour if it will be not yet trigged.

I will also need to from the EA to Add a visual zone box on the chart where that narrow zone was created and I will need logging/alerts for entries.

Once selected I will show you the full explanation  for that robot.



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Informações sobre o projeto

Orçamento
50+ USD
Prazo
de 1 para 3 dias