TMA Reversal Strategy - Multi currency EA - MT4

MQL4 Experts

Job finished

Execution time 3 days
Feedback from employee
Excellent client highly recommended A+++
Feedback from customer
Awesome Coder!! Really patient and knowledgeable.. He will really put in effort to explain to you everything in detail... Highly recommended

Specification

Trade Plan
The EA will make use of 1 indicator only - TMA channel (repainted)
I will like this EA to be a  multicurrency that is able to trade all Major and Minor pairs while attached to only 1 chart

Trading Strategy:


The EA will take note when price touches and breaches the upper/lower channel, however it will not trigger a trade yet.
The EA will only trade when prices reverse, re- touches the upper/lower channel and goes back into the channel. 

In other words, the 2nd touch from the next few candles on the upper/lower channel will be the trigger key.
Once a trade is triggered, the TP/SL will be respected regardless how many times prices touches the same channel. 
TP will be either the Middle Channel or the Upper/Lower Channel
SL will be X pips (user defines) away from the high/low of the previous candle bar that breach the channel.
1 Trade per Symbol only
1 Trade per Candle only (if user manually close the trade, the EA will open a new trade on the next candle bar if the requirement is met again)

EA Settings
Lot Size: 0.1
Take Profit: Opposite Channel / Middle Line
Stop Loss from Prev. H/L:  1000 (in points)
Comment: For User to defined EA name ( as seen in the statements)

Push Notification for each trade:
<Comment>: <Symbol>, <Time Frame>, Buy triggered on Lower Channel. Take Profit: Opposite channel  Middle Line. Stop loss: 1000 points above previous H/L.

Eg. Comment: TMA EA
TMA EA: US30, M15, Buy triggered on Lower Channel. Take Profit: Middle Line. Stop Loss: 1000 points below previous H/L.
TMA EA: US30, M15, Sell triggered on Upper Channel. Take Profit: Opposite Channel. Stop Loss: 1000 points above previous H/L.


Coder must be open to improve the EA further with 2 more indicators on a separate strategy in further.

Files:

TXT
TMA_EA.txt
1.7 Kb

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Project information

Budget
50 - 80 USD
For the developer
45 - 72 USD
Deadline
from 1 to 3 day(s)