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Develop an EA based on currency meter Indicator

MQL4 Uzmanlar

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Tamamlanma süresi: 14 gün
Müşteri tarafından geri bildirim
Great coder. Very helpful, patient and knowledgeable.
Geliştirici tarafından geri bildirim
Thank you!

Şartname

This trading system is based on currency strength meter indicator.  This indicator assigns a number (0-9) to various currencies based on their strength.

 

Let’s say we define entry signal as a gap in strength of the two currencies to be 4 or more…and exit signal as a gap of 2 or less.

 

So if the ea is attached to eurusd chart and eur strength is 6.33 and usd strength is 2.33…since the gap is 4 and eur is the stronger pair, ea will open a long eurusd trade. 

 

And once the trade is open, eur strength remains at 6.33 but usd strength increases to 4.44…since the gap is narroed to less than 2, the exit signal is triggered and trade is closed.


More details to be provided later.


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