Ea Based on Pivot Point

MQL4 Experts

Job finished

Execution time 11 days
Feedback from customer
after 10 jobs i made on mql5.com this job is hardest one, i disappointed in beginning but patiently he make over all desired EA. This man is genius. Thanks man.... you are fully recommended
Feedback from employee
Good customer

Specification

Time trade          : true/false

Start                      : 00:05

Stop                       : 23:59

 

Lot  entry            

Auto lot                : true/false

Auto MM            : 0.5 %

If false use manual lots

Initial lot               : 0.01

 

Daily Prosentage target : True/ False

Prosentage target           : 10%

Daily amount target        : False/true

Daily target in $                 : 10

Stop trade when target reached

 

Martingale          : true/false

Multiplier            :2.5 of previous loss lot entry

Do not multiply if previous was gain

 

Buy Stop on        : true/false

Sell Stop on        : true/false

Buy Limit on       : false/true

Sell Limit on        : false/true

 

Trailing                  : true/false

Trailing Type       : Normal /Stop Trail on losses

Trail Stop             : 100

Trail Start             : 50

Trail Step             : 1

 

Daily Maximum Loss Entry : 2

Stop trade when ea has reached 2 times loss

 

Offset   :   30 (0,00030) 5 digits..     4 digits :3  (0,0003)

Treat as a spread

Add this to Buy pending order price & SL, Deduct it to TP price

Deduct this to Sell Pendingorder Price & SL, add it to TP Price


Account Info

 



First , please determine lines price

For example :

EA is activated on 18 June 2021

Previous Day Price (17 June 2021)

Open   :  1,39808

High     : 1,40082

Low     :  1,38951

Close  :   1,39235

 

The formula will be such as below : (indicator for this formula is attached)

Lines                      Formula               Line Price are:

Resistance 3       H+2*(PP-L)         1,41025 (+/-) Offset

M5                     (R2+R3)/2            1,40790 (+/-) Offset

Resistance 2       PP+(H-L)              1,40554 (+/-) Offset

M4                     (R1+R2)/2            1,40224 (+/-) Offset

Resistance 1       (2*Pivot)-L         1,39894 (+/-) Offset

M3                     (PP+R1)/2           1,39659 (+/-) Offset

Pivot Point        (H+L+C)/3           1,39423(+/-) Offset

M2                    (PP+S1)/2            1,39093 (+/-) Offset

Support 1          (2*PP)-H             1,38763 (+/-) Offset

M1                    (S1+S2)/2            1,38528 (+/-) Offset

Support 2         PP-(H-L)               1,38292 (+/-) Offset

M0                   (S2+S3)/2            1,37962 (+/-) Offset

Support 3         L-2*(H-PP)          1,37632 (+/-) Offset


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Project information

Budget
30+ USD
For the developer
27 USD
Deadline
from 1 to 5 day(s)