MT5 EA based on TPA Indicator

MQL5 Experts

Job finished

Execution time 29 days
Feedback from customer
Developed the EA as per requirement.

Specification

Develop MT5 EA based on TPA indicator.
(Indicator Link: https://www.mql5.com/en/market/product/40656?source=Site+Market+MT5+Indicator+Search+Rating005%3atpa )

1. Open buy position at every buy arrow signal and close the buy position at opposite sell signal.
Open sell position at every sell arrow signal and close the sell position at opposite buy signal.

2. Re-Entry Buy Signal: Yes / No
Dots after buy arrow indicates the re-entry buy signal. If 'Re-Entry Buy Signal = yes' , then open additional buy positions at first 3 dots after buy arrow and close all the buy positions at opposite Sell signal.
If 'Re-Entry Buy Signal = No', then don't open additional buy positions at dots. Only one buy position is opened at buy arrow signal.

3. Re-Entry Sell Signal: Yes / No
Dots after Sell arrow indicates the re-entry Sell signal. If 'Re-Entry Sell Signal = yes' , then open additional Sell positions at first 3 dots after Sell arrow and close all the Sell positions at opposite buy arrow signal.
If 'Re-Entry Sell Signal = No', then don't open additional Sell positions at dots. Only one Sell position is opened at Sell arrow signal.

4. Take Profit: 10 pips
If TP=10 pips, then close the position with 10 pips profit or close at opposite signal, whichever comes first, either 10 pips or at opposite signal.

If TP=0 , then close the position at opposite signal.

5. Stop Loss = 0

6. Trailing 

7. Start Lot size = 0.1
8. Max Lot size = 1
9. Lot Multiplier = 2
If the previous position with LotSize=0.10 is closed with loss, then open the next position at next buy/sell arrow signal with previous loss multiplier * 2 times.

If 'Re-Entry Sell Signal = yes or 'Re-Entry Buy Signal = yes' , then at first 3 dots after buy/sell arrow , open fixed 'start Lot size' of 0.1 position.

If 'Re-Entry Sell Signal = no or 'Re-Entry Buy Signal = no' , then don't open new position at every dot indicator.

10. Magic Number = 
11. EA Comment =
12. Trade on Friday = True / False
If True, then open and close the positions as usual.
If False, then don't open new positions on friday and close all the opened/running positions by Friday 10 AM EST.

13. EA working hours (Monday to Thursday)

Start Time: 2:00

End Time: 23:00


14. Equity Protector Settings
-------------------------
Max Loss % (Based On Equity ): 8
Max Daily Running loss (In Currency): 100
Profit Close % (Based on Equity): 1
(Close the opened positions, if the profit reaches 1% based on equity and restart the EA based on below timings)
Restart EA After Close  : Truse/False
Time Of Restart ( hour) : 2
Time Of Restart (minute): 30
------------------------- ------------------------- ------------------------- -------------------------
Show the BreakEven Line and TakeProfit lines.

Please provide 1 or 2 days for backtesting the EA and on live account.

Provide the mql4 and ex4 files at the time closing the job.

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Project information

Budget
55+ USD
For the developer
49.5 USD
Deadline
from 1 to 2 day(s)