This BOT is combination of fundamental analysis of the Commitment of Traders(COT) and Technical analysis( Patterns, fibonacci, Highs and Lows, Support and Resistance).
On the fundamental module, you are required to connect to ' Historical Compressed | CFTC ' and extract data, see image file : 'fundamental data-ctfc' for instruction.
Data to extracted are : Non commercial long position, Non commmercial short position, changes in long , changes in short and the following will be calculated in real time; Net position.
The net position = non commercial long - non commercial short.
When net position value is positive, price direction is LONG or bullish ,
when net position is negative, price direction is SHORT or BEARISH.
Once direction either +ve or -Ve is determined, we go onto the technical aspect to align the direction on the fundament COT result with the daily pattern.
if the direction from the COT is -ve or short or bearish, the bot must work with patterns that align with short direction vice versa
When a pattern is confirmed, we go to intraday 1 hour timeframe to determine and ensure that the trend on the hourly is corresponding with the direction from the daily.
if true, we generate signal or entry on the break and restest in line with the trend direction
Benzer siparişler
Create a bot that can trade and read indicators easy to read for first time users. Bot that can be used on a phone and connect to MT5. It should be easy to install or use on any device especially phone and laptop, preferably the bot that can run over night and controllable when needed
//———————————————————————————————————————————————————————————————————— struct S_MCAV { double matureSum; double totalSum; double value; void Init () { matureSum = 0.0; totalSum = 0.0; value = 0.5; } void AddContext (int ctx) { totalSum += 1.0; if (ctx == 1) matureSum += 1.0; } void ApplyDecay (double rate) { matureSum *= rate; totalSum *= rate; } void Update () {
1. Title Development of a Custom MQL5 Expert Advisor for XAUUSD (MetaTrader 5) 2. Requirements Specification Overview: I am looking for an experienced MQL5 developer to build a robust, fully custom Expert Advisor (EA) for MetaTrader 5 tailored for trading Gold (XAUUSD). Core Specifications & Features: Asset & Timeframe: Designed specifically for XAUUSD. Timeframe should be selectable directly from the EA inputs
MetaTrader 5 (MT5) Price-Level Monitoring & Automated Phone Call Alert System Developer Needed Project Overview I am looking for an experienced developer to build a custom trading assistant for MetaTrader 5 (MT5) that monitors important price levels I manually mark on my charts and immediately calls my phone when the market reaches or interacts with those levels. This is Phase 1 of a larger trading assistant project
I want a highfrequency straddle scalping mt5 ea,that is excellent for news event trading. Must be fully configurable and the pending stop orders must be used fast with the OCO style. It must trade cycles ultra-fast and dynamically increase lotSize bases on the current balance or equity
Hello everybody, I'm looking for an experienced MQL4/MQL5 developer to optimize a High-Frequency Trading (HFT) Expert Advisor for both MT4 and MT5. The EA performs consistently and profitably on demo accounts, but when it is run on Raw and Standard live accounts under what appear to be the same trading conditions, it begins generating losses. I do not have the original source code (.mq4/.mq5); I only have the
Tüm siparişler
Kurallar
