An Expert Advisor based on super trend and ADX indicators needed

MQL5 Experts

Job finished

Execution time 4 days
Feedback from employee
A very humble and down to earth and very understanding and compromising client. Entirely composed client. Lucky to work with him.
Feedback from customer
Thank you Very match Dear Fawad you made a great EA for me as I need Very good Communication I am very Happy

Specification

Strategy for my EA Robot: In this strategy we use only two indicators

1: Super Trend indicator

We use super trend indicator for trading directions, signal buy or sell, to set Stop Loss and close the current position when signal changed.

When the super trend signal buy: EA open a buy position

When the super trend signal sell: EA open a sell position

When the super trend signal changed EA must close the current position and open new position if the ADX indicator confirm it

When the current position closed by touching TP the EA  open new position if ADX confirm it.

The super trend indicator line is used as trailing stop loss too

In This strategy there must be some points distance between the super trend indicator line and stop loss……...

The EA must have an option to set the custom distance points from super trend stop loss and calculate automatically the stop loss and set for all selected symbols the same, EA must calculate the stop loss like this:

 Super trend Stop loss + customizable distance points = Trailing Stop loss of the position

2: ADX (Average Directional Movement index)

Only ADX line is used for confirmation of the positions the (Di+ and Di-) of ADX have no roll in this strategy

The ADX level in EA setting must be customizable

When the ADX line is above the custom level of a selected symbol EA have the permission to open position

When the ADX line is lower than custom ADX level the EA has no permission to open position on that selected symbol

Symbol: Current symbol

Time frame: customizable / there must be an option to select the time frame and use for all trades on all symbols 

Take Profit: customizable points  

 Stop Loss: Must be Trailing stop and The stop loss must be set automatically by EA (The super trend line SL + customizable point distance SL = Trailing stop of the position) same for all symbols.

Risk Managements: Custom lot size 

ROLL OF Open Buy Position:

Super trend signal: Buy

ADX line above level 25 or custom level number

TP: custom TP points in EA setting

SL: Trailing stop loss based (super trend line stop loss  +  custom point distance from super trend stop loss = stop loss of the position

Exit buy position: When super trend signal changed to sell or stop loss touches

Roll of Open Sell Position:

When super trend signal: Sell

ADX line is above the level 25 or custom level

Stop loss: Trailing Stop loss based (super trend line stop loss + custom point distance from super trend line = Trailing stop loss of the position) same calculation for all selected symbols

TP: custom TP points in EA settings

Close sell position: When the super trend signal changed to buy or stop loss touches

When The ADX indicator line is lower than custom level The EA must not open any position on the selected symbol.

My EA Robot settings:

1.      Customize the super Trend ATR period

2.      Customize the super trend ATR multiplier

3.      Customize the ADX period

4.      Customize the ADX level

5.      Customize the Time frame

6.      Customize the Trailing stop distance points from super trend line(important)

7.      Customize the Take Profit points

8.      the robot can trade at least 10 symbols.

9.      Risk Management

10.  Trade Value

11.  Trading sessions

12.  The robot must not have any open position on weekends

 I want the

·          (EA name: Super trend ADX EA)

·          File setup for MT5

·         Source code

·         Alert, email or phone notifications


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Project information

Budget
50+ USD
For the developer
45 USD
Deadline
from 4 to 8 day(s)