Simple EA based on Parabolic SAR (Personal Job)

MQL5 Experts

Job finished

Execution time 4 hours
Feedback from customer
Developer was fast and on point! App was delivered faster than expected and everything worked perfectly! Would definitely do business again.

Specification

I have a simple EA in mind, partially to help me understand how MQL5 works. The EA uses one indicator, the Parabolic SAR with a default step size of 0.02 and a 0.2 maximum value. The EA should work on multiple time frames, but I prefer the 1 or 4 hour time frame. Parameters/inputs can be changed.

  • The EA can only have one trade open at a time. 
  • The order execution will always be market (for super simplicity).
  • No martingale or averaging down here.
  • The EA evaluates the chart/data only once per the candlestick time beginning- not every tick.
  • New positions are opened / old ones closed upon a reversal indicator from the Parabolic SAR.
The EA does not take into account money management or anything like that. Every trade size position is the same. This is an Metatrader 5 EA.


Please see the attached requirements document/picture for more information including an illustration.

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Project information

Budget
30 - 60 USD
For the developer
27 - 54 USD
Deadline
to 5 day(s)