Fibonacci Retracement EA with Hour-Candle Time Toggle

MQL4 Experts

Job finished

Execution time 15 days
Feedback from employee
Detail instruction. Good communication. Thanks for the job!

Specification

I want an EA that enters and manages trades using the 1-hour chart.


I want to toggle and select for which of the 24 hours of that day the EA should look for signals and enter a trade.


I’m imagining a toggle like this:

▢ 00:00

▢ 01:00

▢ 02:00

▢ 03:00

▢ 04:00

▢ 05:00

▢ 06:00

▢ 07:00

▢ 08:00

▢ 09:00

▢ 10:00

▢ 11:00

X 12:00

▢ 13:00

▢ 14:00

▢ 15:00

▢ 16:00

▢ 17:00

▢ 18:00

▢ 19:00

▢ 20:00

▢ 21:00

▢ 22:00

▢ 23:00



For hours that are selected: On that hour(say, 12:00), the robot should check if the previous hour’s candle (11:00) touched or crossed one or more prices, defined by two instances of MT4’s Fibonacci Retracement tool. The Daily chart will look as follows. Though each Fibonacci tool contains four prices, there will be max seven prices, because one is shared between the two Fibonacci retracement drawings.



fibs









Once the EA determines which is the most recent price that has been crossed, it should enter pending trades (with SL and TP) based on another set of inputs from the user. For each of the maximum 7 prices, the user determines whether signals are entered long, short, or not at all.


Retracement1


Retracement2


FibPrice1

SELL

FibPrice1

SELL

FibPrice2

OFF

FibPrice2

BUY

FibPrice3

SELL

FibPrice3

OFF

FibPrice4

BUY




For example, if FibPice1 from Retracement2 was violated during the 11:00 candle, per our example (at 12:00), the EA will enter a pending SELL order at FibPrice1.



Trade Size


Trade size should also be determined by the user and dependent on the stop-loss/risk of the trade. The calculation and interface should model this



fd







Responded

1
Developer 1
Rating
(130)
Projects
184
32%
Arbitration
17
29% / 59%
Overdue
27
15%
Working
2
Developer 2
Rating
(48)
Projects
91
31%
Arbitration
28
29% / 43%
Overdue
42
46%
Free
3
Developer 3
Rating
(88)
Projects
143
39%
Arbitration
21
19% / 48%
Overdue
30
21%
Free
4
Developer 4
Rating
(73)
Projects
132
52%
Arbitration
9
44% / 33%
Overdue
64
48%
Free
Similar orders
I have a custom EA that works fine in the live market trading, but when doing a back test in the strategy tester , it does not open sell orders. There are no errors or warnings; it just doesn't open sell orders. I've checked every possible reason that might be the reason why it does not open sell orders, but I can't find anything, especially since it works fine in the real market and it opens both buys and sells
The Expert Advisor would use two built-in indicators as entry/exit signals and our own risk management strategy with customizable inputs. The goal is to create a reliable and efficient trading tool that can automate our trading process on the MT5 platform
Hi, I have an indicator from my friend, I want to copy it to my own MT5 can you do that for me. Here is the link
I installed the E.A. into the Experts folder in MT4. When I double click on it nothing happens. When I right click and "attach to chart" nothing happens. The E.A. is not grayed out, it simply will not attach. Any help would be greatly Appreciated
I have an EA and want to add few new logic to fetch profit taking factors and other values from an external master data and use it in existing EA
Hello Every one, Good day, I want from someone professional to create an EA is working on Mt5, This EA is working by depend on some indicators, and all those indicators must be working on MACD window, not on the chart, for more details please read my attached pdf file carefully. Many Thanks
I'm looking for an expert MQL5 developer that can create an EA that's based on my price action trading strategy with no indicators. The EA must analyze trades based on my price action rules, enter trades based on my price action rules, manage trades based on my price action rules and exit trades based on my price action rules
hi hi there i have an strategy on tradingview and i want to automate it like metatrader EA so i want the strategy to open and close trade automaticlly on tradingview
We are looking for an experienced Expert Advisor Developer who can build a customized MT5 Expert Advisor for us. The Expert Advisor would use two built-in indicators as entry/exit signals and our own risk management strategy with customizable inputs. The goal is to create a reliable and efficient trading tool that can automate our trading process on the MT5 platform. Skills required: - Strong understanding of
I need stochastic div (hidden &regular ea) that should perform task in all tf's ..divergence is a repaint stly so i want to use it with candlestick flips .. so bet for it

Project information

Budget
80+ USD
For the developer
72 USD