Create an EA based on EMAs and MACD

MQL5 Experts

Job finished

Execution time 117 days
Feedback from customer
Mohammad is highly knowledgeable, patient and diligent in answering all my questions. Outcome was great and I can't wait to test this out in a live environment! I highly recommend Mohammad!
Feedback from employee
A very good customer. I highly recommend working with him to everyone

Specification

Need an EA based from the strategy discussed in this YT video - https://www.youtube.com/watch?v=nmffSjdZbWQ

+ some modifications/notes

  • Multiple EMAs - 8, 21, 50 and 200. Only 200 is enabled by default but the rest can be individually toggled by the user. For instance, if both 50-EMA and 200-EMA are enabled, the EA must check if the trend is the same for both 50 and 200 EMA. The idea is to have fanned-out EMAs to confirm a trend (see https://www.youtube.com/watch?v=zhEukjCzXwM&t=230s for more info)

  • Checking if the previous x candles are bullish (x white soldiers - for a long position) or bearish (x black crows - for short). This flag can be enabled/disabled via user option. Values are 0, 1, 2, 3. Examples.

    • If 0, then disabled

    • If 1 - For a buy trade, 1 previous candle should be bullish. Same logic for sell trade.

    • If 2 - For a buy trade, 2 previous candles should be bullish. Closing price of candle [1] should be higher than the closing price of candle[2]. Same logic for sell trade.

    • If3 - For a buy trade, 3  previous candles should be bullish. Closing price of candle [1] should be higher than the closing price of candle[2].  Closing price of candle [2] should be higher than the closing price of candle[3]. Same logic for sell trade.

  • Candle (used for checking the previous item) - can be a regular candle or Heiken Ashi candle. Default to regular candles. This should be user configurable as well.

  • Other user options:

  1. mode: trade (auto trade) or signal (arrow or icon on chart, sound alert, or via push notification) 

  2. money management: 

    • volume: user input, default to 0.01

    • TP level 

    • Risk/Reward: 1:1, 1:2, 1:3, 3:1, 2:1, default to 1:2

  3. option to TP half of volume if TP target is reached (if volume is > 0.01), then adjust TP to x pips (another user-configurable option)

  4. trailing stop option/flag and amount if #3 above is enabled

  5. news trading - e.g. disable trading x number of hours before NFP (or any high impact news) until x number of hours after - if this is possible. Open position(s), if profitable will be closed instantly (add comment). If position is at a loss, just continue unless condition in next item (#6) is met. 

  6. toggle on/off to prematurely close position if trend shifts to the opposite direction (multiple EMAs)

  7. number of concurrent trades allowed. default to 1. Obviously, if multiple instances of EA are run on different symbols, this constraint should be applied for each symbol. 

  8. other standard options like magic number, comment, etc

  9. (addendum) debug mode - print important data in debug window

  10. (addendum) testdebug mode - When in the strategy testing window, pause test before a trade/signal is executed (using dll file). See https://www.mql5.com/en/forum/270837. Since DLL is not allowed in VPN, code should still work by just commenting out the #import line and recompiling. 

Developer to provide source code. Hopefully optimized (fast), with comments and clean coding (segregate tasks to small logical functions instead of bundling everything in 1 giant function) so EA can be conveniently updated later. 

Obviously, I will need to test the final product. My preferences are the major forex pairs and 1M-15M time frames. 

Please let me know if these are feasible, or if you have questions/concerns.


Responded

1
Developer 1
Rating
(42)
Projects
62
8%
Arbitration
12
58% / 42%
Overdue
1
2%
Free
2
Developer 2
Rating
(63)
Projects
68
25%
Arbitration
12
42% / 42%
Overdue
4
6%
Free
3
Developer 3
Rating
(17)
Projects
22
5%
Arbitration
7
14% / 29%
Overdue
3
14%
Free
4
Developer 4
Rating
(2422)
Projects
3042
66%
Arbitration
77
48% / 14%
Overdue
340
11%
Working
5
Developer 5
Rating
(3)
Projects
3
0%
Arbitration
1
0% / 100%
Overdue
0
Free
6
Developer 6
Rating
(143)
Projects
255
35%
Arbitration
12
25% / 58%
Overdue
42
16%
Free
7
Developer 7
Rating
(74)
Projects
73
47%
Arbitration
2
50% / 50%
Overdue
2
3%
Free
8
Developer 8
Rating
(1)
Projects
0
0%
Arbitration
0
Overdue
0
Free
9
Developer 9
Rating
(41)
Projects
88
14%
Arbitration
30
30% / 53%
Overdue
36
41%
Working
10
Developer 10
Rating
(7)
Projects
6
17%
Arbitration
3
0% / 100%
Overdue
0
Free
11
Developer 11
Rating
(66)
Projects
143
34%
Arbitration
10
10% / 60%
Overdue
26
18%
Free
Similar orders
I installed the E.A. into the Experts folder in MT4. When I double click on it nothing happens. When I right click and "attach to chart" nothing happens. The E.A. is not grayed out, it simply will not attach. Any help would be greatly Appreciated
I have an EA and want to add few new logic to fetch profit taking factors and other values from an external master data and use it in existing EA
Hello Every one, Good day, I want from someone professional to create an EA is working on Mt5, This EA is working by depend on some indicators, and all those indicators must be working on MACD window, not on the chart, for more details please read my attached pdf file carefully. Many Thanks
I'm looking for an expert MQL5 developer that can create an EA that's based on my price action trading strategy with no indicators. The EA must analyze trades based on my price action rules, enter trades based on my price action rules, manage trades based on my price action rules and exit trades based on my price action rules
hi hi there i have an strategy on tradingview and i want to automate it like metatrader EA so i want the strategy to open and close trade automaticlly on tradingview
We are looking for an experienced Expert Advisor Developer who can build a customized MT5 Expert Advisor for us. The Expert Advisor would use two built-in indicators as entry/exit signals and our own risk management strategy with customizable inputs. The goal is to create a reliable and efficient trading tool that can automate our trading process on the MT5 platform. Skills required: - Strong understanding of
I need stochastic div (hidden &regular ea) that should perform task in all tf's ..divergence is a repaint stly so i want to use it with candlestick flips .. so bet for it
Hello, I have an indicator from a friend and I'd like to replicate it on my own TradingView or MT5 platform. Could you assist me with that?. Here is the link
so basically I have an EA(mql5), AI script(python), flask server and socket server both on python. Now this is an experimental script as I am trying to learn. However the EA is not entering any trades. How much would it cost for you to troubleshoot this for me? Thank you in advance
NEW FUNCTION 50+ USD
La idea es la siguiente, sería un EA semi automático. Yo como trader opero en zonas. En adelante las vamos a denominar ``zonas calientes´´. El EA debe que necesito debe operar conforme a 4 zonas calientes que yo configure en el mismo. ¿Qué hará el EA en cada una de esas zonas calientes que yo he configurado? En cada una de estas zonas el EA debe realizar hedging (crear un rango en el cual el EA entrara en sell o en

Project information

Budget
30 - 100 USD
For the developer
27 - 90 USD
Deadline
to 20 day(s)