An Expert Advisor abc.

MQL4 Experts

Job finished

Execution time 17 days

Specification

Dear Sir,

I explain by below and see attach indi. 
All example value things , I can changed in input parameter EA.
I example a down trend , So. thinking up trend in versus.

1.  Need indicated a trend OR sideway by macd_color indicator.
  1.1  I can select a which TF for indicated  , Example i selected macd H1 , but I running EA on M1
  1.2  Indicate down trend by >> Below input minus value level && macd color is red
  1.3 Indicate up trend by >> above input plus value level && macd color is green
  1.4 indicate sideway by >> NOT same current 1.2 & 1.3

2.  Sideway > Open buy & sell in same time and now we using target point,  Avg. weight points and grid distance
for open / closed trade.  

3.  running sideway until found a trend down > Stop open BUY > but no cut a all buy in chart.

4. Now down trend.
   we will no using a target point . but we will have a profit distance = 50 point . its mean every 50 p. EA will open sell .
About lot sizing if input a value of profit step lot = 0 . mean we will trade initial 0.1 lot fixed every 50 p.
if input a value of profit step lot = 0.1  . mean we will trade 0.2 ,0.3,0.4,... for next.
Now we will call this is snowball sell.

we are still using a avg. weight points by sum lot ( sell & buy) for closed all order sell & buy

5. From down trend until now we found a sideway , EA will closed all snowball sell and open a big lot BUY with lot sizing calculated by below.
-  Distance from biggest lot size buy to current price  divide by grid distance  =  Y 

So, big lot BUY = 0.1 * Y


6. if we say about down trend to sideway  >> EA now open sell 0.1 & buy 0.1  AND remain a exist big lot buy 0.7 .
if price go down below buy 0.7 lot ,EA will open buy 0.8 lot with grid distance

AND Closed all sell & buy with Avg. weight point.

7. if we say about down trend to up-trend >> EA now start open buy initial 0.1 lot then running Snowball buy.  AND remain a exist big buy 0.7 lot.
( In case, If price go down below buy 0.7 , EA will open buy 0.8 with grid distance )

AND closed  a Snowball buy and  big lot buy with Avg. weight point. 


We can discuss in comment section.

Regards,

Eric


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Project information

Budget
50 - 130 USD
For the developer
45 - 117 USD
Deadline
to 4 day(s)