MT5 Multi Time Frame Trending Price Action EA - PHASE 1

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Looking for an Experienced MQL5 Developer to code fully automated EA based on Trend Direction and Price Action. Symbols traded are Forex, Commodities, Indices, Crypto and Stock CFD’s. EA Strategy incorporates several strategies, including Breakout and Fibonacci Retracements for Trend Momentum Trading. Multi Time Frame Trading Based on 4 Time Charts, 15MIN, 1HR, 4HR, Daily Chart. EA needs Adaptability for Prop Firm Rules and Live Trading Accounts. Source Code for EA is to be delivered to Client and Client retains exclusive rights. Testing and Debugging Phase is Required – 10 Working Days to test on Demo Account; 10 Working Days to test after every fix. Error Correction and Functionality Warranty Period for 6 months is Required for Thorough Testing.


KEY EA FEATURES AND REQUIREMENTS

  • Needs to be able to know if MACD Histogram was Above or Below 0 when Candlestick Closes.
  • Gather Candlestick Data OHLC and Position of MACD Histogram and Store it
  • Every MACD Histogram Crossover 0, compares all Candlestick Data to find Highest WickHigh and BodyLow as well as Lowest WickLow and BodyHigh and defines S&R Levels
  • EA Creates S&R Levels and compares to Previous Levels to define (Higher High, Lower High, Same Ceiling, Lower Low, Higher Low, Same Floor) and Draws Trendlines on S&R Levels
  • Be able to identify when a Trend Starts and when a Trend is Confirmed based on rules for S&R Levels
  • Use Price Action to Create Candlestick “Candle Cancel” Structure and Track Patterns with Hierarchy based on Continuation and Interruptions (Similar to Fractals).
  • Follow Strategy Rules for Entering and Exiting Trades, as well as send Notifications based on MiniRetracements, created from Candle Cancel Patterns and Trend direction.
  • Dynamically Track and Adjust S&R Levels and Candle Cancel Patterns
  • Draw Customizable Objects
  • Enter or Exit trades based on Clear and Specific Rules according to Strategy
  • Send Notifications

This is a Complicated EA given that Developer needs to understand trading conditions and rules of strategy to be able to write the code.

Requirement Specifications contain only the BASIC General Features and Requirements for the EA.

Once Requirement Specifications are Accepted by Developer, he will receive DETAILED General Features, Pictures and Descriptions.


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