FreelanceSections

An Expert Advisor needed to accept Forex trades on 5m Candles

MQL4 Experts

Job finished

Execution time 22 days
Feedback from customer
Great job - Will use you again!
Feedback from employee
It was a great experience working with Luke!

Specification


The Robot need to be configurable so that I can... 

Input date and time for a future limit order to be placed (eg I want to place a limit order at say 13:00 GMT on 25th Dec)

I want the EA to run against 6 currency pairs checking the candle size on each in real time.

I want to be able to specify the size of the trade in Units and/or Lots

I want to be able to choose the time frame. (Initially it will be set to 5 minute candles)

Add 5 min to time then view 5 min candle at this time  (The orders are placed as soon as the 5 minute candle ends, so for example the above time of 13.00 GMT starts a 5m candle as soon as the 13.05 candle starts the below measurements are calculated

Get 5m candle high and low
Calculate candle size  (Including wicks top and bottom)

Is candle size <=60 + >=20  - If 5m candle meets this level, place both orders

Calculate entry point buy = Candle high plus 2 pips  (Candle high includes the wick)
Calculate stop loss for buy = 5m Candle low plus 2 pips
Place buy order 
Calculate entry point Sell = Candle low plus 2 pips  (Candle low includes the wick)
Calculate stop loss for sell = 5m Candle high plus 2 pips

Place Sell order 

These orders are placed simultaneously

If either order opened if so cancel other order

If neither order gets filled within 30 mins cancel both orders

The bot needs to show the calculations and results and be able to back test on historic data







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Project information

Budget
50 - 500 USD
For the developer
45 - 450 USD
Deadline
from 1 to 10 day(s)