An Expert Advisor based on four classic technical indicators

MQL4 Uzmanlar

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Fast and accurate. High quality work. Thanks.

Şartname

Hello

I would need a EA that will work based on multiple indicators. I can control whether to use all four to generate the signals, or just based on one indicators.

All indicators based on completed bar.


Section 1: Indicator Settings:

1. Stochastic Oscillator

  • Entry Signal: Buy when the fast line cross the slow line below a specific level (default 20)
  • Entry Signal: Sell when the fast line cross the slow line above a specific level (default 80)
  • Variable for this signal:
    • The parameter of Stochastic Oscillator (default 100,3,3),(80,20)
    • Include this signal or not (active/non-active)

2. Bollinger Band

  • Entry Signal: Buy when the price touches lower band
  • Entry Signal: Sell when the price touches upper band
  • Variable for this signal:
    • The parameter of Bollinger Band (default 20,2)
    • Include this signal or not (active/non-active)

3. Volume

  • Entry Signal: When the latest completed volume bar's volume is larger than specific percentage of the previous average volume
  • Variable for this signal:
    • Percentage to trigger the signal (default 150%) (for example, the latest volume is 151, while the average volume of the previous 10 periods is 100, this will trigger the entry signal)
    • Period of previous volume bar included in average volume calculation (default 10)
    • Include this signal or not (active/non-active)

4. PinBar

  • Entry Signal: Buy when Pinbar's bottom pin size is longer than specific percentage of the body
  • Entry Signal: Sell when Pinbar's upper pin size is longer than specific percentage of the body
  • Variable for this signal:
    • Percentage to trigger the signal (default 150%) (for example, the bottom pin size is 0.31, while the body size is 0.2, this will trigger the entry signal)
    • Include this signal or not (active/non-active)

With the above setting, the EA will open a position if the above conditions (those selected to be activated) align at the time when the bar closed.

For example, if SO, BB, PinBar are activated, all three need to have a buy signal in order to trigger the EA to buy.

For the Volume indicator, it does not have a specific buy/sell signal, it will only have an entry signal, so it cannot be used alone.


Setting 2: Global Setting

  • Time Frame (default M15)
  • Magic Number (default 100)
  • Lot Size (default 1)
  • Close position:
    • Close the position when the Stochastic Oscillator slow line cross the fast line OR
    • Close the position when the loss is over specific percentage of the account capital at the time when position open.
      • Variable: Capital Percentage (default 50%) (for example, when open position, the capital is 100, when the capital reached to 50, close the position



Thanks










































































































































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