Create an Expert Advisor based around the Standard Deviation Channels in MT4

MQL4 Experts

Job finished

Execution time 3 days
Feedback from customer
Overall excellent, flawless work and it was done quickly.

Specification

Hello,

I would like 2 separate trading robots, one on the SELL SIDE and one on the BUY SIDE, that can execute (on most time frames, details below) the following strategy:

SELL SIDE

-        When the spot price (close) goes above 2.5 Standard Deviation Channel (shown below) &

-        When the spot price (close) goes above an RSI of 70 (standard 14 bar length) &

-        When the spot price (close) goes above a Stochastic of 80 (%K period 5, %D period 3, slowing 3)

Below is a picture of the desired outcome – SELL SIDE


I do have this system running as an alert function in Think or Swim (TD Ameritrade) and the optimal lengthfor the Standard Deviation channel for each time frame is below:

15 Minutes -    480

1 Hour -    480

4 Hour -    1000

1 Day -      750


These are the ones that matter for my strategy. Please disregard other time frames. The above numbers are the number of bars that should be used for the Standard Deviation Channel.

 

Please see below specifications for the BUY SIDE robot, which is similar in scope.

-        When the spot price (close) goes below 2.5 Standard Deviations (shown below) &

-        When the spot price (close) goes below an RSI of 30 (standard 14 bar length)

-        When the spot price (close) goes below 2.0 on the Bollinger Bands


The idea here is to have an automated Standard Deviation Channel that readjusts the length with each moving tick going forward and executes the trades, buy and sell, once the price closes at the specified levels and meets the other conditions.

Other Specs

-        Max of 2 Trades open at any time.

-        Next Trade opening after 5 bars

-        Trades Cannot be of the same LOT sizes, ideally, the first trade can be 0.1 Lot and second 0.2 Lot with the third trade going back down to 0.1.

-        Take Profit of 50 PIPS (to test)

-        Trailing STOP of 30 PIPS above break even

-        No STOP LOSS


Responded

1
Developer 1
Rating
(803)
Projects
1374
72%
Arbitration
113
28% / 48%
Overdue
342
25%
Working
2
Developer 2
Rating
(277)
Projects
334
55%
Arbitration
14
36% / 29%
Overdue
1
0%
Free
3
Developer 3
Rating
(221)
Projects
369
66%
Arbitration
10
50% / 0%
Overdue
46
12%
Free
4
Developer 4
Rating
(256)
Projects
415
38%
Arbitration
86
44% / 19%
Overdue
70
17%
Busy
Similar orders
Hello, I want to create an EA that can be able to take and optimise trade bids using the trend tracker concept I have developed. The tracker will monitor the 2 lines in the below pictures and then start to activate bids once they cross each other and then be able to manage all bids afterwards towards the direction of the market by opening and closing them intermittently and profitably until the position at the other
Hi man, How are u? I have an EA and I need to check few aspects of the code, if It works fine? I am looking for an expert coder, who can understand mt4 language and help us to solve this out. This job will hardly take about 3-4 hours max for an experienced coder, when explained detail. Also, I would like to give this to someone, who can understand and speak English well. Also, the coder should be able to come via
Hello The EA will work on particular zone choose by the user and can mark it on any TF and with some rules can open trades and mange the trade by some unique rules. the EA need to check the difference by RSI as well and with some extra rules . developer should have good attitude and good communication (englsih) with high performence and knowledge with coding EA. THREE TYPES OF ENTRIES 1: AGGRESSIVE 2: DIVERGENCE 3
Indicator in use: Bollinger Bands Mechanism (See diagrams provided for help) Sells: 1. Trigger candle: When candle low is above the top Bollinger band - accurate to the lowest point scale (e.g. On EURUSD if candle low is 1.07915 and the value of top bollinger is 1.07914 - this is a sell signal; or if on Futures if the increment is .25 or .10 then this is used) 2. Enter sell ONLY on the next candle if price breaks
Indicator in use: Bollinger Bands Mechanism: (See diagrams provided for help) Sells: 1. Trigger candle: When candle low is above the top Bollinger band - accurate to the point scale (e.g. On EURUSD if candle low is 1.07915 and the value of top bollinger is 1.07914 - this is a sell signal) 2. Enter sell ONLY on the next candle if price breaks below the trigger candle LOW (using the e.g. above- if next candle price
hey guys, im looking for an auto mt5 license system through a web app i have already, i simply want it so a unique license key is generated for memebers, they input this onto the EA input and then it checks if its valid. active license per user capped at 5. i already have an mt5 coder and dec team for the app so i dont know if youd prefer to intergrate onto the webapp yourself or simply provide the code and doc so my
I need a simple panel to execute both buy and sell operations with very basic things like stopp loss take profit that functions for both market orders such as buy stop sell stop buy limit sell limit I don't care about colors or design I just want how you can do it what interests me most are the functions
I want to create an EA that can take bids according to information of a logic I have developed to give indication of a BUY or SELL opportunity. The EA will then be able to activate the BUY at the lowest possible position once the indicator clears it for a BUY and take bid upwards or identify the highest point and clears it for a SELL and take bids downwards. As you can see from example of JULY 2024 data to see how
We are seeking a skilled developer who can convert a Tradingview indicator written in Pinescript to a NinjaTrader indicator written in C#. The goal is to create a profitable trading strategy using this indicator. The successful candidate will have expertise in both Pinescript and C# programming languages, as well as a strong understanding of trading indicators and strategies. The main responsibilities will include
I am seeking an experienced MQL5 developer to create a user-friendly manual Grid Trading Expert Advisor (EA) with the following key features: Dynamic Grid Trading: Adjustable Grid Distance: Traders can manually input grid distance in pips via an intuitive, movable table. Take Profit Management: Fixed TP for the initial positions (e.g., first 5 trades). Stop-Loss (Optional): Traders can choose to use a stop-loss with

Project information

Budget
30 - 100 USD
For the developer
27 - 90 USD
Deadline
from 1 to 2 day(s)