Direction-Confirmation-Entry 30min Candles Expert Advisor

Auftrag beendet

Spezifikation

Hi, I would like to ask for your help. I have been looking at some rules and candles. It´s straightforward and there is no need of indicators or anything else. When starting the robot or at a fixed time, the robot will start looking for the first candle, either bullish or bearish. This will be the  direction candle. If the second candle follows the trend, for example, the first candle was bullish, and the second candle broke the high of the  direction candle BUT respected the low, this will be the  confirmation candle. This will be the same with a first bearish candle. If the second candle or  confirmation candle broke the low but respected the high of the first candle or  direction candle, then we will proceed to the  entry candle.

The  entry candle will be the third candle, following the trend, buying for bullish trend, selling for a bearish trend. When there is a position open, 70% of the position will be closed at 10 pips, letting the rest running. At this point, the stop loss will be moved to the open of the position or breakeven. When reaching 20 pips, 20% will be closed, and the stop loss will be moved from the breakeven to a trailing stop of 50 points (5 pips).

For risk management of the trade, the stop loss at opening the position will be placed 2 pips below the low (bullish candle) or high (bearish candle) of the confirmation candle. This will be the total stop loss, meaning this is 100% of the stop loss. If the price goes against the trade, when reaching 50% of the stop loss, 50% will be closed. When reaching 75% of the stop loss, 25% of the position will be closed. Finally, when reaching the full stop loss, the other 25% will have to be closed. 

Look at the table below for a better explanation of the management:

Take profit Stop loss
100% 100%
 70% closed at 10 pips then breakeven 50% closed at 50% of the stop loss
20% closed at 20 pips then trailing stop 25% closed at 75% of the stop loss
10% will have trailing stop every 5 pips 25% closed at 100 of the stop loss

It´s important to just have one position or trade open at a time.


Dateien:

PNG
Profit_1.png
54.9 Kb
PNG
Profit_2.png
48.7 Kb
PNG
Profit_3.png
52.1 Kb
PNG
Loss_1.png
58.8 Kb
PNG
Loss_2.png
59.4 Kb
PNG
Loss_3.png
58.5 Kb
PNG
Loss_4.png
55.7 Kb
Ähnliche Aufträge
Hello, In need an expert advisor that can copy my CFD (GBPUSD) into Futures 6B, along with AUDUSD. & that whenever I close the position, it closes it aswell. Also if there is limited broker API access, I don't mind getting a broker recommendation
I need an EA that opens trades according to the crossover of Moving Averages. The EA is based on two Moving Averages MA1 and MA2: For every new candle the EA attempts to open a new position, according to the MA crossover direction: If MA1>MA2, open a BUY position If MA1<MA2, open a SELL position There is a limit for current open trades which is also set in the settings. If the number of open trades reaches that
A simple moving average Expert advisor based on the last closing color of the candle and also MACD, with auto lot, risk management and also performance panel. When MACD signal above MACD line, buy signal
Good day to you sir. Please can you help me with converting an options trading platform to MT4? I am talking about Pocket Options OTC Markets. Please kindly read the WORD DOCUMENT attached to this chat below! Tbh I want a 100% OTC accuracy. I thought of the possibility of converting a chart beyond the live display/execution? Is it possible to display a market on MT4 2 to 3 minutes faster than the live charts? I mean
No time 4 games 30+ USD
I want a profitable EA to rent that can at least make 2usd an hour plz don’t waste my time and I want a demo tasting before purchasing/renting this EA
the code wasn't mine, i have got it somewhere on the web, but i like the performance of the EA, so i want to use it on mt5 platform. the given code based on price movements with ladder entry concept
Preciso de um EA, que faça o fecho automático de operações abertas no final da sessão e nas notícias de alto impacto. Um EA simples com apenas 1 função. Fecho das operações abertas
Enter buy trade at close of candle when bar closes above the 3 emas. Emas are 34 ema, 64 ema and 128 ema. For a buy trade the 34 ema must be above the other two emas. The 64 ema should be in the middle. The 128 ema should be below the other two emas. For a buy trade the Awesome Oscillator should be above the middle line and colored green. Exit a buy trade when price touches 64 ema. Sell trade same conditions as buy
I want to make AI based on Attached Picture Swing High low. If you have experience can share demo first. Stop loss, take profit, trailing , break even ,DD etc. also amiable
Hello, I’m looking for a TradingView indicator that fits my forex trading needs. If you can create or customize one for me, please reach out. I'd appreciate your help! Thanks in advance."

Projektdetails

Budget
60+ USD
Für die Entwickler
54 USD
Ausführungsfristen
von 1 bis 15 Tag(e)