Expert for entries after price pullback

MQL5 Experts

Job finished

Execution time 60 days

Specification

Programmer has to understand my concept clearly. After reading the requirements programmer should clear all the doubts before starting the Project and fully understand my description as well as my attached diagram.

Have to be able to discuss on Skype to finalise the program during the job.



The purpose of this EA is to enter trades after pullbacks when price moves in one direction.


Steps:


1. EA is activated and has a look back period of x candles to determine price moves

2. Price needs move in one direction (up or down) by x points

3. Pullback of price occurs and must not be more than x% of the move (i.e. setting for maximum retracement)

4. Pullback must last duration of x candles

5. Enter buy/sell trade x points after breakout in direction of move (e.g. if move was up, then buy - if move was down, then sell)

6. Use x% risk of the pullback size for SL, and 'x' sl/tp ratio for TP including commission and spread(e.g. '1' would be 1:1 risk reward)


Additional features:

7. Ability to set virtual BE after x points (must be virtual and not modify the trade)

8. Max number of trades at the same time  x

9. Stop trading after x% loss of balance

10. Max spread x

11. Comment input

12. Option for notification email/alert after every entry

13. EA Time start

14. EA Time end


Please see attached diagram for examples and ask me if you have any questions.


Thank you!


Files:

PNG
E.g.1.png
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Project information

Budget
70 - 100 USD
For the developer
63 - 90 USD