Range indicator and Robot

MQL4 Experts

Job finished

Execution time 37 days
Feedback from employee
Very good customer. Detailed terms of reference. Nice to work. Thanks for your order
Feedback from customer
Very professional, went above and beyond to complete the project. very pleased with the result.

Specification

Hi,
I'd like to produce an indicator/robot which does the following:
input parameters

  • % risk per trade 
  • base risk on Equity or capital
  • specified FX pairs 
  • Monday High/low line colour /type
  • Last week High/low line colour /type
  • Notification type (push, email, sound etc)
  • Break pips - number of pips range must be broken
  • Take profit - R based or Day/time
  • indicator only mode 
  • lookback weeks

Indicator 

  • Draw lines for current week to indicate Monday range (high/low) with style based on  Monday High/low line colour /type input parameters
  • Draw lines for current week to indicate last weeks range (high/low) with style based on last week High/low line colour /type input parameters
  • Create alerts at Highest/lowest of above with notification based on notification type input parameter
  • draw lines for past x weeks based on lookback weeks input parameter 

Robot

  • If indicator only mode input parameter is enabled then robot will not run
  • Calculate the number of pips for the Monday range, this will be and used to calculate the lot size based on the % risk input parameters 
  • When the highest or Lowest of the weekly or daily range has broken by more than break pips input parameter, then; 
  • place an order with calculated lot size as follows: Order sell at Monday low if high is broken, order buy at Monday high if low is broken
  • Stop loss other side of Monday range
  • Take profit/close trade based in input parameters. If R based then on multiplier of risk (eg 2, 3, 4 x Monday range) if day/time then close trade on a specific day/time of the week. Eg (wednesday at 14:00)
  • Robot should only place order Tuesday to Thursday (no orders Monday or Friday)
  • Only one order should be place per FX pair per week. If stopped out or profit taken, not further orders should be placed.


I also need the source code for this.
Thanks

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Project information

Budget
50+ USD
For the developer
45 USD