Expert Advisor that recognizes breakouts after low volatility periods

MQL4 Experts

Trabalho concluído

Tempo de execução 11 dias
Comentário do cliente
Very good!
Comentário do desenvolvedor
Everything perfect, thanks!

Termos de Referência

I need a consultation and then an EA that recognizes low volatility periods and then breakouts after those low volatility periods.

Please give me your idea. It might be better than my idea.


The following is my idea:

Maybe based on ATR (periods and settings from standard ATR indicator). I am open to better solutions.

The ATR distance should always be recalculated and change when a new candle appears (see below). At the current candle the pending orders shall remain fixed.

The EA should then trigger and start a trade (market order or pending order --> buy above current price, sell below current price) when the breakout happens.


Needed settings parameters:

(user's choice: market order or pending order, fixed lot, risk lot, dynamic lot x per 1000 balance, spread filter, magic number, pending ATR distance to current price (example: 0.5 * ATR or 2.0 * ATR), optional fixed distance to current price, SL, TP optional, trailing start, trailing stop, do not trade above spread x, do trade below spread x, comment)

colored lines of low volatility period above and below, colored mark of breakout.



Arquivos anexados:

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Informações sobre o projeto

Orçamento
40 - 70 USD