Idea: Place pending orders and drag EA to the chart of the currency. Forget about the trades, Trailing stop loss is managed by the EA meanwhile and later on check the results.
This EA should have the following features:
Trailing stop using maximum (when short) or minimum (when long) values of previous candles.
In addition, the EA has to take into account inside bars. In case of an inside bar the stop gets set to the previous candle's minimum or maximum and stays there until the next outside bar occurs.
Optional parameter: When the outside bar is left against the trade direction (close price!), the order has to be closed.
(This is the trailing stop described in „Das große Buch der Markttechnik“ by Michael Voigt. I will provide detailed examples to the programmer if needed.)
I manually enter positions or place stop/limit orders.
The initial SL should immediately be placed by the EA's trailing stop when manually buying
and in case of a pending order when the order get's active because the entry level is reached.
The EA should just function as an automated trailing stop.
I am trading multiple currencies with multiple orders.
I want to drag the EA on every single chart of the traded currencies.
The EA should then manage all orders placed on the chart (I will only have one chart per currency but sometimes multiple orders of one currency).
Parameters:
- Timeframe: 0 = current, or manually enter the timeframe (e.g. 15)
- Filter Trades by Magic, Ticket, Comment or set this to false, so that every order on the current chart is trailed (default: all trades in the currencies's chart i dragged the EA on).
- Noise parameter that defines a tolerance for the stop loss values in pips (i.e. the stop should be set to candle minimum – noise when long)
e.g. Reserve pips: 5.0
- Parameter for minimum candle range in the form x * ATR(n) (x and n should be entered into the EA). If the actual range is lower than the minimum range, the SL should be set to the previous candle and not to the current (too small) candle
- Parameter for ATR period (default: 14)
- Acoustic signal if a SL is moved (true/false)
- When the outside bar is left against the trade direction (close price!), the order has to be closed (default = true)
- Optional: Mark the currently relevant outside bar (with an arrow for example)
The EA runs on the current time frame and does not need a magic number as far as I can see (I don't intend to use multiple instances of this EA on the same currency pair).
EA has to be "shipped" as mql4 file.
Info window in the upper right side of the current chart (to see that the EA is working fine):
- Spread (note: of the current pair)
- Account Number
- Account Leverage
- Open Order Profit
- Open Order Profit Points
- Total Open Orders
Looking forward to receiving your quote.
Ähnliche Aufträge
There is a Pine Script with closed source code that I want to use on TradingView. I would like to have an exact replica of it created. I have the link and can share it with you if you're interested. Is this something you can do
I need a fully automated Expert Advisor (EA) for MetaTrader 4 or MetaTrader 5. Strategy Overview: Trading Instrument: User adjustable (input parameter). Default can be EUR/USD. Trade Time: Every day at exactly 11:00 AM (broker server time) . Position Size: Fixed lot size (NOT percentage-based). Default = 0.01 lot. This must be an adjustable input parameter . Trading Rules (Step by Step): Day 1 (Initial Trade)
Trading Strategy Specification 🟢 Buy Setup Conditions: Trend Identification: The overall trend must be Bullish (Upward). (Note for the programmer: Define the bullish trend using higher highs/higher lows structure or a specific Moving Average). Fibonacci Retracement: The price must correct downwards to touch or test the 61.8% Fibonacci level , drawn from the most recent swing low to the swing high. Entry
Hey I need help with the development of my ea. I am using a built in indicator and a custom indicator. It shouldn't take too long. I will tell you the conditions and then I just need some help with the coding but I have some experience. Thanks we can chat on whatsap or telegram
I need an experienced MQL5 developer to build a semi automated trading signal system for Gold (XAUUSD) on MT5. The system is NOT a martingale or grid EA. The goal is to build a clean rule based signal engine that detects high probability setups based on predefined strategy rules and sends trading alerts with optional pending order logic. Main Requirements: 1. Signal Generation - Buy and Sell signals - Buy Limit - Buy
I need a bot that can trade weltrade synthetic indices that can be consistently making profits if you have one for deriv its also fine a bot that executes and closes trades automat Will be ideal
I want a professional MT5 trading robot for XAUUSD (Gold). Requirements: - Safe and stable strategy - Focus on long-term profit and low risk - Smart entry and exit signals - Trend confirmation with indicators - Automatic Stop Loss and Take Profit - Risk management system included - Maximum daily loss protection - Trailing Stop feature - News filter to avoid high-impact news - Works automatically on MT5 - Optimized
MT5 Expert Advisor Specification: Asian Liquidity Sweep & M5 FVG Entry Project Overview Automated Expert Advisor for EUR/USD on MT5. The strategy maps structural liquidity (Fractal Swings) for entry triggers but targets absolute session extremes for Take Profit. It enters on the first opposite M5 Fair Value Gap (FVG) and features a dynamic, user-controlled risk engine. 1. Timezone & News Filter Requirements The
I am looking for an experienced MQL4/MQL5 developer to build a custom MT4 indicator from scratch or cracking my ex4 file that i provide to you. I already have an existing indicator (EX4) which produces highly accurate buy/sell signals. I want a similar indicator developed based on its observable behavior and signal structure. my existing indicator is pc id protected so you have to do PC ID security bypass and source
I want to provide you with the source code of the indicator I am interested in, which gives buy and sell signals in the trading view, and you can turn this indicator into a robot that gives buy and sell signals in MetaTrader 5 and trades automatically