Execution algo based on Momentum indicator

MQL5 专家

指定

Hello


I would like to create a execution algo to manage my trades after I have discretionary chose them. The parameters of the algo are as follows:


The entry is simple it would be: discretionary price I set myself + if MoM (Momentum) indicator is above or below specified level on a specific time frame I choose.

So for example, Long 3 ES at 6000 if MOM is above -100 on 1 hour timeframe.

Or conversely, Short 3 ES at 7000 if MOM is below 100 on 4 hour timeframe.



The exit is a bit more complicated. First of all I want to be able to sell the position in fragments based on different parameters.

First parameter price or percentage profit target. Example: exit 1 ES at 6200, or instead exit at 4% profit from entry prrice.

The second parameter is MOM stop. Example: exit remaining 2 ES if MOM falls below -150 on 2 hour timeframe.

The third parameter is price or percentage stop. Example: exit 3 ES if price falls below 5900 or if price falls 2% below entry price.

You can converse all these number and ifs for the short version.


This is it that's all the parameters for now.

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项目信息

预算
100 - 1000 USD
截止日期
 30  60 天

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