An Expert Advisor based on PSAR

MQL4 Experts

Job finished

Execution time 1 day
Feedback from customer
Recomended Developers, the respons is quick, even on weekend...responsible on the project. two tumbs up

Specification

1.    The idea of the trading system is as follows

Market entries perform when the price crossing the Parabolic SAR in the Chart

2.    Trend is determined based on the PSAR. if the price is higher than PSAR (Price>PSAR) the trend is growing.
If the price below  than PSAR (Price<PSAR) the trend is consider to be falling

3.    Trading Signals:

Open Position option:
Buy Signal is when the price is crossing the SAR , then price become Higher Then PSAR (Price>PSAR)
Sell  Signal is when the price is crossing the SAR dot, then price become below Then PSAR ( Price<PSAR).
Execution for the Signal has two option
1.    When Price Crossing the SAR  (Price = PSAR)  TRUE/FALSE
2.    At closing price BAR When Price Crossing the SAR  (Price = PSAR) TRUE/FALSE

4.    Stop Loss Option (on/OFF)

Stop Loss: True/FALSE
Positions are closed at opposite signals: Buy positions are closed at Sell signals, and Sell positions are closed at Buy signals.

Stop Loss input pips : TRUE/FALSE


5. Close by Take Profit — during position opening, a Take Profit level is set at a fixed distance from the open price, specified in points.
 The value is set in the InpTakeProfit input parameter.


6.    Stop Loss and take profit Hidden: True/False

7.    Start Trading Hour
•  Start Trading Hour = The starting hour (24 hour clock) for Expert to start trading from each day.
•  Stop Trading Hour = The last hour of each day for expert stop trading. By default most strategies trade 24 hours of each day.

     
8.    Lot Size:

9.    Slippage:    pips

10.    EA should be able to work multiple charts at the same time




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Project information

Budget
30+ USD
For the developer
27 USD
Deadline
to 10 day(s)