EXPERT ADVISOR for my custom indicator.

MQL4 Experts

Job finished

Execution time 9 days
Feedback from customer
Very professional and cooperative developer.
Feedback from employee
Nice working with an openminded and thoughtful trader. Thanks!

Specification

CAN BE LOADED ON ANY CHARTS OF METATRADER 4.


ENTER LONG/BUY IN ANY TIME FRAME -

1)WHEN LUCKY REVERSAL INDICATOR OF THE SAME TIME FRAME HAS TURNED FROM BLUE ARROW TO WHITE DOT (LUCKY REVERSAL INDICATOR SHOWS BLUE ARROW ON THE START OF A CANDLE AND THEN THE ARROW IS REPLACED BY A WHITE DOT WHEN THAT CANDLE IS CLOSED AND SECOND CANDLE STARTS. BLUE ARROW REAPPEARS IN PLACE OF THE WHITE DOT AFTER A CERTAIN PERIOD OF UPTREND. VICE VERSA FOR THE SELL TRADE OR DOWNTREND)
2)AND CLOSE OF THE SECOND CANDLE IS ABOVE THE CLOSE OF THE FIRST CANDLE WITH THE WHITE DOT.

ENTER SHORT/SELL IN ANY TIME FRAME-

1)WHEN LUCKY REVERSAL INDICATOR OF THE SAME TIME FRAME HAS TURNED FROM RED ARROW TO WHITE DOT 
2)AND CLOSE OF THE SECOND CANDLE IS BELOW THE CLOSE OF THE FIRST CANDLE WITH THE WHITE DOT.

TARGET PRICE- VARIABLE PIPS (ZERO MEANS NIL TARGET PRICE SET)
STOP LOSS- VARIABLE PIPS (ZERO MEANS NIL STOP LOSS SET)

EXIT LONG TRADE- 

1)WHEN LUCKY REVERSAL INDICATOR SHOWS RED ARROW ON A CANDLE AND TURNS TO WHITE DOT AT CANDLE CLOSE
2) OR WHEN THE BUY WHITE DOT WHERE THE LONG TRADE WAS INITIATED HAS DISAPPEARED AFTER THE CLOSE OF A CANDLE (INDICATOR REPAINTS!) 


EXIT SHORT TRADE- 

1)WHEN LUCKY REVERSAL INDICATOR SHOWS BLUE ARROW ON A CANDLE AND TURNS TO WHITE DOT AT CANDLE CLOSE.

2)OR WHEN THE SELL WHITE DOT WHERE THE SHORT TRADE WAS INITIATED HAS DISAPPEARED AFTER THE CLOSE OF A CANDLE 

TRAILING STOP LOSS IS VARIABLE PIPS IN STEPS OF VARIABLE PIPS.(ZERO MEANS NIL TRAILING PRICE SET OR STEPS SET)

IF THE TRAILING STOP IS HIT OR IF THE TARGET OF VARIABE PIPS IS ACHEIVED OR THE STOP LOSS IS HIT (WHICH EVER IS EARLIER). THEN NO MORE TRADE IS TO BE ENTERED UNLESS THE ABOVE ENTER LONG OR ENTER SHORT CONDITIONS ARE FULFILLED.


THE INDICATOR SHOULD BE DISPLAYED IN THE PRICE CHARTS TOO


VARIABLE INPUTS-

DEFAULT SETTINGS OF LUCKY REVERSAL INDICATOR
MAGIC NUMBER (ALSO CAN BE ALLOCATED AS DEFAULT)
LOT SIZE- VARIABLE
MARGIN MANAGEMENT- %AGE- VARIABLE ( ZERO MEANS NIL MARGIN REQUIREMENTS)
MAXIMUM TRADES - VARIABLE
STOP LOSS IN PIPS
TARGET PRICE IN PIPS
TRAILLING STOP LOSS IN PIPS

STEPS IN PIPS
COMMENTS: LUCKY REVERSAL

I will require the source code of the sytem too.

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Project information

Budget
30+ USD
For the developer
27 USD
Deadline
to 6 day(s)