EA based on multiple conditions from 4 indicators (3 EMAs, 1 momentum) and HOLC values

MQL5 Experts

Job finished

Execution time 4 days
Feedback from employee
Excellent client. Was very considerate and was clear on what he wanted. It was a pleasure serving him.

Specification

Hello!


I created a Pine Script in TradingView for EURUSD which I want to convert to an EA in MT5 for automated trading.


The EA:

  1. Trade entry
    Input contains of 4 indicators (3 times an EMA with different periods and a momentum indicator) and HOLC values from the candle which just closed and the candle before that (see attachment). Based on a few conditions a trade is placed. Trades go both long and short (1 trade at the time).

    Trade is placed when the candle just ended.

    HLOC explained (see image attached):
    The green line from left to right is an EMA.
    Market just entered the far right candle (pointed at with the red arrow), ignore market movement in this candle.
    Part of the EA is to read the high and open from the candle which is pointed at with the blue arrow.
    Part of the EA is to determine if the high was above the EMA and close was below for a short position (low under EMA and close above EMA for long).

    Part of the EA is to subtract the EMA value created by the candle which is pointed at with the blue arrow from the EMA created by the candle pointed at with the yellow arrow.

  2. Trade exit
    Exit the trade when profit is x pips or loss is y pips.
    Close all trades at Friday night at a certain time.

  3. Risk management
    The size of the automated trades are based on lot size or % of balance or equity (it's the same in this case as we only have 1 trade running att).

Okay, that's it about the EA what I want it to do at least.

About the job, I want to receive all source code with comments.

Looking forward to discuss this!

Files:

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HLOC.JPG
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Project information

Budget
60+ USD
VAT (21%): 12.6 USD
Total: 72.6 USD
For the developer
54 USD
Deadline
from 3 to 10 day(s)