An Expert Advisor based on ssl indicator using m5 and h4 timeframe.

MQL4 Experts

Job finished

Execution time 2 days

Specification

1. The idea of the trading system is as follows: market entries are performed when ssl(10) signal on the m5 and main trend h4 signal intersect in the current trend direction.

2. Trend is determined based on the (A) and (B),(A)Ssl indicator signal(10) on m5 timeframe eurusd

                                                (B)H4 bar signal on the h4 time frame
3. Trading Signals:
Buy signal: When the main trend h4 is in long/buy, also ssl(10) is showing green over red it is a buy

Sell signal: When the main trend h4 is in short/sell, also ssl(10) is showing red over green it is a sell

DO NOT USE SSL FOR MAIN TREND IN H4, THAT IS ONLY FOR M5 EURUSD

4. Positions are closed for buy when ssl signal changes from green over red to red over green or if h4 changes to sell/short.
   
   Positions are closed for sell when ssl signal changes from red over green to green over red or if h4 changes to buy/long.

5. Positions are opened when there is a buy signal or sell signal.

There is no trading if ssl signal is short and h4 signal is long.

There is no trading if ssl signal is long and h4 signal is short.

There should be an option in the input for me to change the lot size used for trading the EA.

6. Position management

Stop loss: 1% of capital and must trail stop loss. 

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Project information

Budget
30+ USD
For the developer
27 USD
Deadline
to 10 day(s)