Simple Automated Expert Advisor / Trading Robot Based on ADX and RSI needed

MQL4 Indicators Experts

Job finished

Execution time 4 days
Feedback from employee
He is very kind and excellent man. I am glad to work with him. I hope I work with him again.
Feedback from customer
I am very satisfied with this developer.. a problem solver.. looking forward to have a deal again..

Specification

Dear Sir/Madam, 

Request your assistance.. I would like the robot to have the characteristics as follows;



A) Combination of two indicators; ADX and RSI


i) ADX to measure strength of trend (customizeable, have options to enter ADX period, levels)


ii) RSI to measure Momentum (option to enter period, fix minimum and fixed maximum, levels or scale)


Each will be set at default setting. All settings will be made customizable and can be set manually. Default time frame will be set at 15 minutes. hopefully can be customized..




B) Position Management;


i) Lot Size = Both options included. (1) Manual lot size and (2) Incremental lot size based on Account Equity and Account Balance


ii) Manual Take Profit = Customizeable (in pips)


iii) Manual Stop Loss = Customizeable (in pips)


iv) Maximum trades to enter at a time = Customizeable (how many position)
It should also have an option to allow max re-entry 0, 1, 2 ,3 etc. at the current price. The EA should also have an option of placing trades once per trading session, so as to not re-enter multiple times if price is ranging through.


v) Maximum spread for trade to enter = Customizeable


vi) Should have tick boxes to select trading sessions = Trading session (Asia, Europe, USA) or multiple should be selected. Should also have fields for HOUR to START and HOUR to STOP for every trading session so the EA can work within the mentioned times if all three sessions are selected.


vii) Trailing Stop
Start = Customizeable (i.e 3 pips)
Step = Customizeable (i.e 1 pips)
Stop = Customizeable (i.e 3 pips)




C) Execution of Trades - Long (BUY) 


Entry : Entry will be executed ONLY if ALL the following conditions are met simultaneously at same time, or all indicator reaches the following criteria based on option to choose TP, SL and Trailing Stop;


i) Entry will be taken on price candle close on a particular timeframe.



ii) RSI line comes from below, heading up and touches the set level (customizeable) i.e 50 (=>50) while at the same time ADX - DI+ is above the set level, i.e. when the ADX period line and DI+ is on or above 25 (=>25).



'OR'


iii) ADX - DI+ comes from below/bottom, heading up and touches the set level 25 (=>25) while at the same time RSI line is on or above the set level i.e 50 (=>50)



D) Execution of Trades - Short (SELL) 


Entry : Entry will be executed ONLY if ALL the following conditions are met simultaneously at same time, or all indicator reaches the following criteria based on option to choose TP, SL and Trailing Stop;


i) Entry will be taken on price candle close on a particular timeframe.



ii) RSI line comes from above, heading down and touches the set level (customizeable) i.e 50 (=<50) while at the same time ADX - DI- is below the set level, i.e. when the ADX period line and DI- is on or below 25 (=<25).



'OR'


iii) ADX - DI- comes from above , heading down and touches the set level 25 (=<25) while at the same time RSI line is below the set level i.e 50 (=<50)



Is it possible... would like to request assistance from the expert.. hopefully I explain correctly.. Thank you..


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Project information

Budget
200 - 500 USD
For the developer
180 - 450 USD
Deadline
to 5 day(s)