Expert based on Alligator crosses

MQL5 Uzmanlar Forex

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Tamamlanma süresi: 3 gün

Şartname

Develop an Expert Advisor (EA) for MetaTrader 5 based on the "Alligator modified" indicator (https://www.mql5.com/en/market/product/11406?source=Site+Market+MT5+Search+Rating006%3aalligator). The EA should place trades on the bar where a signal appears on a higher timeframe, provided the signal is confirmed on one or two lower timeframes. The Stop Loss should be set at the signal level indicated by the indicator. During testing in the strategy tester, charts of 2-3 different timeframes must be opened.

Example for 5 bars back:
H4


H1

M15

---

**Functional Requirements:**

1. **Signal Confirmation and Trade Execution:**
   - The EA should place trades when a signal appears on a higher timeframe.
   - The signal must be confirmed on one or two lower timeframes before execution - timeframes can be chosen in settings.
   - The trade is placed on the bar where the higher timeframe signal appears.
   - Define a number of bars back from the signal on the higher timeframe in which signals must align in the same direction.
   - If, for example, there are buy signals on H4 and H1, but on M15 both buy and sell signals exist, and the latest signal on M15 contradicts the buy signal (i.e., a sell appears after a buy), then such a trade should be ignored.
   - A time boundary must be set within which the confirmation signals on lower timeframes should appear. This boundary is determined by the number of bars on the higher timeframe. For example, if the higher timeframe is H4 and the boundary is set to 5 bars, confirming signals on lower timeframes must have appeared within the last 20 hours.
   - Implement a trade filter based on the distance between the signal level and the high/low of the signal bar. This ensures that the order and Stop Loss are neither too close nor too far apart.
   
2. **Stop Loss:**
   - The Stop Loss must be set at the signal level generated by the indicator.
   
3. **Timeframes Options:**
   - The EA should allow selection of multiple timeframes for signal confirmation.
   - The main signal comes from a higher timeframe.
   - Confirmation timeframes can be selected dynamically.

4. **Order Management:**
   - Open additional positions options:
     - On fractal
     - On fractal after trailing
     - No additional positions
   
   - Close position options:
     - Trailing on fractal
     - Trailing on bars
     - Close on profit in USD
   
5. **Risk Management:**
   - Ability to calculate risk as a percentage of the account balance.
   - Option to trade with a fixed lot size.
   
6. **Operational Modes:**
   - Alert mode (signals without execution)
   - Trading mode (automatic execution of trades)
   
7. **Manual Trade Management:**
   - Ability to manually close positions opened by the EA.
   
8. **Order Removal Logic:**
   - Orders must be removed when a cross-level is reached.

9. **Shift Options:**
   - Order placement shift
   - Stop Loss shift
   - Order removal shift
   
10. **Strategy Tester Compatibility:**
   - The EA should open charts of 2-3 different timeframes when running in the tester for visual analysis.


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Benzer siparişler
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Proje bilgisi

Bütçe
100 - 200 USD
Son teslim tarihi
to 5 gün