Create new Follow the trend EA

MQL4 Experts

Job finished

Execution time 4 days
Feedback from customer
Excellent work. Says all there is to say really.
Feedback from employee
Excellent Customer. Good Job.

Specification

Hello


The price is set to usd50, but this is a baseline and can be increased based on the developers prices that come in and the level of skill.

I suspect this will be the first of many EAs and modifications so as well as a developer for this job, I'll be looking for one for the longer term - depending on how this one goes. 

The EA will be based on the trend indicator: https://www.mql5.com/en/market/product/36087



<<Indicator Setting>>

 

Amplitude

See Attachment 2 for default indicator options

Historic Bars

See attachment 2 for default indicator options

 

<<EA Entry>>

 

Infinit_y Trade Entry

Trade/Trade & Alert/ Alert Only/ Disable

 

Open and close new trade on Indicator buy/sell signal using the EA's

Above settings for TP, SL and Lot size. See Attachment 1 for indicator information

Missed signal count Filter

(Number)

 

A missed signal is when the Indicator has a signal (buy/sell) but no TP were hit. If this value is

Set to 2, only allow a trade entry or alert when the last 2 trade signals provided by the

Indicator did not hit any of the indicator's TP marks.

 

Candle Trade Entry

Trade/Trade & Alert/ Alert Only/ Disable

 

Buy signal when on a bullish trendline (Blue line) you see a bullish candle pattern of 1-2-1 or 1-2-2, depending on which is enabled below

        1-2-1

Enable/Disable

 

Bullish;

1st candle buy, 2nd candle sell, but sell does not close below the 1st candle's open position. 3rd candle closes above the 1st candle's close position. Trendline is blue, for bullish.

e.g.


 

Bearish;

Same as above, but reversed and trendline is red for bearish.

e.g.


 

 

        1-2-2

Enable/Disable

 

Bullish;

Reverse hammer candle pattern. 1st Candle is bearish, 2nd candle is bullish but does not close above the 1st candle's open, 3rd candle is bullish and closes above the 1st candle's open. Trendline is blue for bullish.


 

Bearish;

Same as above, but trade direction is bearish and indicator trendline is red.


 

 

<<MA Filter>>

Enable/Disable

If enabled, only allow either the above infinit_y trade signal or the Candle pattern trade signal if the Fast MA is above the Slow MA in the direction of trade on the given time frame. e.g. to allow bullish trades the fast MA will have to be above the slow MA. The reverse for sell trades

MA Timeframe

M5 ---> M1

Fast MA Period

 

Fast MA Mode

Exponential, Simple, Linear

Slow MA Period

 

Slow MA Mode

Exponential, Simple, Linear

 

 

<<EA Exit>>

 

Infinit_y Reverse Signal

[Current Timeframe]

Trade/Trade & Alert/ Alert Only/ Disable

 

Close/alert when the signal is reversed on  current timeframe

Infinit_y Reverse Signal

[Secondary timeframe]

Trade/Trade & Alert/ Alert Only/ Disable

Close/alert when the signal is reversed on  a secondary timeframe.

 

 

Reverse Candle

Trade/Trade & Alert/Alert only/Disable

1-2-1

Enable/Disable

 

If long trade exists, alert/close trade when bearish 1-2-1 candle pattern is encountered. The reverse for a bearish trade

1-2-2

Enable/Disable

 

If short trade exists, alert/close trade when bearish 1-2-2 candle pattern is encountered. The reverse for a bearish trade

 

<<Alert>>

 

Email

Enable/Disable

Mobile Push

Enable/Disable

Terminal

Enable/Disable

 


Files:

JPG
Attachment1.jpg
312.1 Kb

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Project information

Budget
100 - 125 USD
For the developer
90 - 112.5 USD
Deadline
from 0 to 2 day(s)