I want to Code an EA off an Indicator

MQL4 Experts Integration

Job finished

Execution time 1 day
Feedback from employee
He is kind and friendly. Our project completes fast because the most important thing that he checks and tests the work immediately!
Feedback from customer
Very professional and detailed, and quick delivery. This develpoer has a decent process in place to meet client requiremts without any hassle.Would recommend

Specification

I have a Swing indicator that I want to have programmed an EA off. The EA will initiate long trades Above the Upper level and Short trades below the Lower level.

The EA will take 3 types of trades 

1. If Price Breaks above the upper level 

2. If the Price is already Above the upper level, and the filter conditions are true, it will initiate a long trade once the Price is Above the Open of the previous candle.

3. Trend change - IF a candle closes above the Upper Band after candle close - initiate a Long trade


For Shot setups 

1. If Price Breaks below the lower level  - initiate Short trade

2.If Price is already below the lower level and Price moves below the close of the Previous Candle and filter conditions are true, initiate a Short trade.

3. 3. Trend change - IF a candle closes Below  the Lower  Band after candle close - initiate a Short  trade

Filter Conditions 

1. ADX > 22

2. For long trades type 2  RSI 14 must be lower than 65  and for Short trades type 2 RSI 14 must be greater than 35.

Stop loss / Take Profit.

 The Stop loss for all trades are to be set as a function of the ATR,  2 ATR period 30 minus lower band for Longs,  2- ATR plus upper band for Shorts

Take Profit -  2 ATR  above or below the Bands 

Exits

If Price closes Below the Lower Band - Exit long trades

If Price  Closes Above the Upper band - Exit Short Trades


Other features

1. Time of day to start trading / When to stop trading

2.  Trade Pause - If a trade is close the EA has to wait for a minimum of x mins before placing another trade.


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Project information

Budget
50 - 100 USD
For the developer
45 - 90 USD
Deadline
from 1 to 5 day(s)