MACD trading Bot

MQL4 Experts

Job finished

Execution time 2 days
Feedback from customer
Very professional and knowledgeable!
Feedback from employee
great employer! Thank you :)

Specification

A trading bot that will trade traditional MACD crossovers following the trend. Meaning if it’s a buy signal & the price is noticeably above the 200 Ema buy & vice versa. I am trading on MT4 with the broker Hugo Sway. This is the criteria I want the bot to follow


  1. I only want the bot entering the trade at a reward/risk ratio of 1.5:1

  2. SL is set an ATR away. With TP set at a value equaling the reward/risk ratio of 1.5/1 

  3. I only want the bot risking 1% of my account and to be in at a maximum of 2 trades at a time. 

  4. If the price has already made a move of 60 pips or more two candles before or on the crossover, do NOT enter the trade. Attached are 3 great examples of such

  5. After a profit has been made, a trailing stop loss is set



As for the signals: 


BUY: 

  • The market is above 200 Moving Average (Fixed- meaning the bot will not enter the trade if this is not true)

  • MACD crosses above the signal line

  • MACD crossover is below the zero line


SELL: 

  • The market is below 200 Moving Average (Fixed- meaning the bot will not enter the trade if this is not true)

  • MACD crosses below the signal line 

  • MACD crossover is above zero line


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    Project information

    Budget
    30 - 200 USD
    For the developer
    27 - 180 USD