Trend Trading EA

MQL5 Experts

Job finished

Execution time 26 minutes
Feedback from customer
Amazing work! Read the specifications and executed everything perfectly the first time with zero errors! a must hire professional!

Specification

RoboOni Q4

Indicators Included:

• RoboFX Donchain
• New Indicator WPR Adaptive Smoother
• Moving Average

All of these indicators provided by myself.

Description of each indicator pertaining to trading strategy:

- RoboFX Donchain= Detection of Trend  
- Moving Average = Second Trend Confirmation/ Risk management
- WPR Adaptive Smoother = Entry Indicator


For all the indicators used, all necessary indicator parameters will be adjustable by the user.

Example of EA at work 

 ****** Trend Indicators can pick timeframe for Trend ******

Trend Confirmation 
- Price Action Below Robo Middle Band = Bearish
- Price Action Above Robo Middle Band = Bullish


Entry Signal 
- Entry signal trigged with trend by WPR Adaptive Smoother 
Take Profit
- Fixed take profit ' X '  pips
- Fixed stop loss ' X ' pips
- Trailing stop loss ' X ' pips

Martingale
- Trade goes in loss ' X ' pips then another trade is entered. 
- Trades will close together in a Basket when take profit is finally achieved.

Risk Management
- Moving Average breach activate Stop Loss ‘X’ amount of PIPs.
- Max Risk % of Account Balance
- Close all trades on Pair and Hedge to recover loss
- Profit Target for day reach, no more trading until next day (Dollar Amount )



High Probability Buy Signal Example 

The signals are as follows:

4 Hour Timeframe Price Action
Price Action is above RoboFx Middle Band Trend is Bullish – Robo Indicator Set to Daily TF

1. WPR Indicator Buy entry when Green dots appears (Indicator is crossing up past -90)
2. Entry Confirmation need to enter trade
3. Trade can be executed.

High Probability Sell Signal Example 

The signals are as follows:

4 Hour Timeframe Price Action
Price Action is below RoboFx Middle Band Trend is Bearish – Robo Indicator Set to Daily TF


1. WPR Indicator Sell entry when Orange dots appears (Indicator is crossing down past -10)
2. Entry Confirmation need to enter trade
3. Trade can be executed.


///




Buy Trade Execution Example

Step 1. 4 Hour Trend identification either Bullish or Bearish.

- RoboFX Donchian Channel in this example is based on Daily Timeframe
- 4 Hour Price Action above Robo Indicator Middle Band = Bullish.

- 50 Period Moving Average only for Risk Management settings



 
Step 2. Entry Signal

Step 2. Entry signal from M15 Timeframe is given by WPR Indicator. “Green dot’ – bullish.

Price Action on the 15 Minute timeframe needs to be below the Yellow Band for a valid bullish entry.

Robo Indicator = 1 Hr timeframe
The Entry Time in this example is 15 Minute timeframe

WPR Indicator = 15 Minute timeframe






 











Files:

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Entries.png
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Project information

Budget
50 - 300 USD
For the developer
45 - 270 USD