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I need an EA that identify the last two swing high and swing low candles and then place an order with TP/SL

MQL5 Experts Forex

Job finished

Execution time 4 days
Feedback from customer
I was his first customer as he had no reviews, but I chose him because he was great at communication. He did not disappoint me at all, the final work was even better than expected. Thank you so much!
Feedback from employee
Excellent Customer. Very detailed Requirement specifications, communicative and understanding. Would not hesitate to work with again in the future. Thank you.

Specification

Here's the strategy for the EA:

  1. Identify and plot the last TWO swing high and swing low each.
  2. Place a BUY order when priced reached the line of any of the two swing high
  3. Place a SELL order when priced reached the line of any of the two swing low
  4. When a new swing high or swing low is detected, the last one will be deleted and ignored in the future. Only last two swing high/swing low should be seen over the last X candles (editable in inputs).
  5. Set a TP and SL for all orders, but the SL will be trailing.

Note: I was planning to do this start as a Buy stop/Sell stop order, but I'd rather keep my pending orders hidden and not shown in public. So, no pending orders.

Required inputs:

---Risk---

  • Compounding: True or False. If True, the lot size will depend on account balance and risk percentage. Default is True.
  • Risk Percentage: If Compounding is True, the SL will determine how much lot size will be placed. (Minimum 0.01 Lot size regardless of how small the balance is). If I have $1000, and I risk 10% in this input settings. My SL hit should loss $100. Default is 2%
  • Lot Size (Fixed): If Compounding is False, the lot size of the order will be at this fixed value. Default is 0.1 Lots
  • Take Profit: TP of orders in PIPS. Default is 10 Pips
  • Stop Loss: SL of orders in PIPS. Default is 1.5 Pips

---Breakeven & Trail---

  • Trail Pips: Triggers SL Trail every time price has travelled every X pips. Default is 2.5 Pips.
  • Trail SL: This is the new SL every time price has travelled the "TRAIL PIPS". For example, the input here is 1.5 Pips. Will move SL to 1.5 Pips behind the current price every time the price has travelled 2.5 Pips (TRAIL PIPS). The only condition here is that this should only trigger if the Unrealized P/L is already positive or already at breakeven. Default value is 1.5 Pips
  • Breakeven Pips: Moves SL to breakeven when price has moved above certain Pips. Default is 2.5 Pips

---Candles---

  • Time Frame: Default H1
  • Last Candles: Look up to how many past candles. Default is 15 candles.
  • Candles to Right: After plotting a swing high/swing low. This can only valid within X candles. After X candles, the EA will not do a buy/sell order at this price. Default is 15 candles.
  • Number of Swings: By default, this is 2. Meaning, only the latest last two swing high or swing low can trigger a buy/sell order.


Plotting of Swing High/Swing Low Strategy:

Reference indicator: https://www.tradingview(DOT)com/v/RQnLfaNE/ --- Replace the DOT with .

This is one best example I could find. The most important part in this EA is how accurate, efficient, and good it can plot high/lows. If you have any method or suggestions that can make things better, please do tell us. Price is negotiable, as long as we get the best one.


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Project information

Budget
50 - 100 USD
For the developer
45 - 90 USD