FreelanceSections

Simple Expert Advisor required based on consecutive bars, buy trade for bullish, sell trade for bearish

MQL4 Experts

Job finished

Execution time 3 days
Feedback from employee
Great customer. Thanks for the job
Feedback from customer
Would recommend. Developer was friendly, constant communication, completed quickly and exactly to the specification. Also was happy for some small changes that weren't clear in my specification.

Specification

1. I require an expert advisor that will -:

open a buy trade on 5 consecutive bullish candlesticks

or

open a sell trade on 5 consecutive bearish candlesticks 

However I can edit the number of consecutive candlesticks.

Basically, the overall concept is to trade in the same direction as the candlesticks, go with the flow.

2. The EA must be able to be dropped into any chart window.

3. The following parameters must be allowed to be edited and remain specific to the chart window's specific symbol and timeframe.

  • Lot sizes
  • Stop loss in points to close the trades
  • Take profit in points to close the trades
  • Consecutive bullish candlesticks to open the trades
  • Consecutive bearish candlesticks to open the trades

4. All edited parameters must remain unique to that specific chart window.

5. I will require this EA to be used with the MT4 Windows application.


So, for example, I drop the expert advisor in to the XAUUSD chart window on a 4 hour timeframe (H4) and it will automatically open a buy trade of 0.01 lots on 5 consecutive bullish candlesticks or automatically open a sell trade of 0.01 lots on 5 consecutive bearish candlesticks.  The trades will close either on a take profit of 200 points or a stop loss of 200 points.

However, I can then drop the expert advisor in to another symbol and timeframe, for example GBPUSD on a 1 hour timeframe (H1) then change the parameters so that it will automatically open a buy trade of 0.05 lots on 8 consecutive bullish candlesticks or automatically open a sell trade of 0.05 lots on 10 consecutive bearish candlesticks.  The trades will then close either on a take profit of 400 points or a stop loss of 100 points.

Both of these chart windows will have different settings but will execute trades as described and as per the unique parameters of the EA to that chart window.  Quoted lot sizes, number of candlesticks, stop loss, take profit are just examples.  As per point 3, these must be editable for each chart window and remain unique to each chart window.

I'm sure this is very straight forward for all you talented freelancers out there.

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Project information

Budget
30+ USD
For the developer
27 USD