Exper advisor that takes profit on next bar open, when previus bar close is more than X pip in profit

MQL4 Эксперты

Работа завершена

Время выполнения 5 часов
Отзыв от заказчика
Wow - EA made very fast! Great communication. Very satisfied. Will definitively ask him for next job.
Отзыв от исполнителя
Very thanks for order! Please let me know if you need programmer!

Техническое задание

Hello,


GENERAL INFO

The ea will almost always be in a trade. Because profitable trade is closed on a bar open, and at the same time - on the same bar open, a new trade will open.

But if a trade is stopped out, it will be stopped out at a predefined level, and (probably)not on a bar open. On the next bar open, after stop loss, a new trade should be opened.

The EA will only work on the chart it is placed on.

The EA must have Magic number - which can manually be changed.

It is referred to  “X pip” some times. It means that the user can write the amount himself. If he writes “10” it means 1 pip.

 

RULES FOR BUY


Always enter market at a Bar open.


BUY at market when:


1.    If last trade was a loss (ended in stop loss), and was a BUY trade. 


The buy trade should open on the NEXT Bar Open, after the Bar that the previous BUY trade was stopped out.


2.    2. If the last trade was a profitable trade, and was a SELL trade.

The buy trade should open on the SAME Bar Open as the previous profitable SELL trade was closed.

 

RULES FOR EXIT A BUY TRADE


PROFIT: If the buy trade has a Bar close (in the same timeframe) that is bigger than X pip in profit, then exit on the NEXT Bar Open.

STOP LOSS: Stop loss is X pip. Stop loss should be visible in the chart.

 


RULES FOR EXIT A SELL TRADE


Rules for sell are opposite of rules for buy:


Always enter market at a Bar open.


SELL at market when:


1.     1. If last trade was a loss (ended in stop loss), and was a SELL trade.

     The sell trade should open on the NEXT bar open, after the Bar that the previous SELL trade was stopped out.

 

2.     2. If the last trade was a profitable trade and was a BUY trade.

The sell trade should open on the SAME Bar Open as the previous profitable BUY trade was closed.

 


RULES FOR EXIT A SELL TRADE


PROFIT: If the sell trade has a Bar close (in the same timeframe) that is bigger than X pip in profit, then exit on the NEXT Bar Open.

STOP LOSS: Stop loss is X pip. Stop loss should be visible in the chart.


 

LOTS


To alternatives for choosing how many lots for each trade:

1: Choose a standard lot: X lots

2: X % of the the balance. (So when the balance increases - the lots also increase. And if the balance decreases - the lots also decrease. If deposit is $ 100.000, then 10% equals 1 lot.

 

ADDITIONAL OPTIONS

An alternative to choose if trading should be stopped Fridays at a chosen time and resumed on Monday at a chosen time.

An alternative to choose that the EA only will operate within a specific periode of time during the day: Example: between 07:00 and 16:00. If a trade is not closed at 16:00, it will close according to rules for exit, and not be forced closed at 16:00.

 

COMMENTS

The timeframe the trade is taken on should be written in the comments of the trades. Example: If a trade is taken on the 1-minute timeframe, the comment should be: “1 MIN”



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