FreelanceSections

Engulfing EA

MQL4 Experts

Job finished

Execution time 7 days
Feedback from customer
I have worked in Forex for over 20 years. This is the best developer by far that I have ever had the pleasure to work with. Top Tier. Will use exclusively moving forward.
Feedback from employee
One Of the Many very good Customers. Explains everything with video and that helps a lot. Very Good Experience. No problems At All.

Specification

***Please include screenshots of previously created dashboards when bidding***

This EA will be placed on one chart and trade any pair listed in the EA settings. This EA will also be able to be used on one pair in strategy tester. EA will trade on all pairs listed on the TF that the EA is attached to. Dashboard can be created by developer's preference.


*** I have a provided video on demonstration of setups***

Indicators are used:
• 21 SMA (White)
• 50 SMA (Blue)
• 100 SMA (Yellow)

• 200 SMA (Green)


EA Settings:

1.       Buy

a.       “Max Spread” must meet requirements

b.      Moving Averages must be in alignment

                                                               i.      21 SMA (White)

                                                             ii.      50 SMA (Blue)

                                                            iii.      100 SMA (Yellow)

                                                           iv.      200 SMA (Green)

c.       Candle must engulf at least 1 bear candle

d.      There must be at least 3 bear candles in a row

e.      Amongst 3 bear candles and 1 bullish engulfing candle, price cannot have touched/crossed 50,100, and 200 SMA

f.        Amongst 3 bear candles and 1 bullish engulfing candle, price must have touched or crossed 21 SMA.

g.       SL will be calculated and kept at 50 SMA

h.      TP1 and TP2 will be placed

 

2.       Sell

a.       “Max Spread” must meet requirements

b.      Moving Averages must be in alignment

                                                               i.      200 SMA (Green)

                                                             ii.      100 SMA (Yellow)

                                                            iii.      50 SMA (Blue)

                                                           iv.      21 SMA (White)

c.       Candle must engulf at least 1 bull candle

d.      There must be at least 3 bull candles in a row

e.      Amongst 3 bull candles and 1 bearish engulfing candle, price cannot have touched/crossed 50,100, and 200 SMA

f.        Amongst 3 bull candles and 1 bearish engulfing candle, price must have touched or crossed 21 SMA.

g.       SL will be calculated and kept at 50 SMA

h.      TP1 and TP2 will be placed



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Project information

Budget
30 - 150 USD
For the developer
27 - 135 USD
Deadline
to 5 day(s)