FreelanceSections

Reversal scalping system

MQL5 Experts

Job finished

Execution time 21 hours
Feedback from customer
Excellent work and a pleasure to deal with,
Feedback from employee
Excellent Сustomer

Specification

Hi.

Looking for  EA to automate a reversal system on 1 hour chart (to work on all time frames, but using 1 hour for example). Only one trade per hour/ candle and to commence when candle finishes. I.e 1200 - 1259.59 (time) candle closes Red (Bearish) @ 1300 buy, Sell order the reverse, Sell on a Green (Bullish) candle.

To clarify a Sell Order:

On close of candle on the hour, if the closing candle is bullish (Green), open a sell order. Allow for inputs of Target profit of pips, trailing stop option too and stop to be changeable.  



Buy Order

On close of candle on the hour, if candle bearish (Red), Buy order,  Allow for inputs of Target profit of pips, trailing stop option too and stop to be changeable.  



If a moving average could be included as trend indicator, with the relevant trades being opened if they comply with the trend (I.e sell order opened if trend is down). Allow this to be changeable (I,e MA to be changed as required) and to be switched on and off. So if on trades only open in trend direction, if off, trades will open irrespective of trend.

Thanks, Paul

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Project information

Budget
30 - 100 USD
For the developer
27 - 90 USD