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30 - 40 USD
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Job finished
Execution time 18 days
Feedback from customer
Very well versed developer.
Was able to accommodate all of my requests.
Took much longer than expected though, but he delivered in the end.
Definitely using him again
Feedback from employee
Good customer.very patient
Specification
I need an EA that places trades on STEP INDEX and other instruments based on the MACD indicator and candlestick patterns.
For SELL TRADES:
1. If the high of the MACD is lower than (or equal to) a previous high, and the corresponding candlestick of the lower MACD is higher than (or equal to) the candle of the previous higher MACD, and forms a reversal candlestick pattern (bearish engulfing, inverted hammer, bearish harami) then a sell trade is placed immediately. The TP should be just 10 pips and the SL should be 6 pips above the high of the highest candle before the trade.
2. In a situation where the price goes against me for 10 pips, a second trade is opened (with the same lot size and same SL), but the TP is 15 pips, and the previous trade's (number 1) TP changes to just 5 pips, making it a total of 20 pips profit.
3. In a situation where the price goes against me up to 5 pips from the SL, another trade is open with a lot size 5 times the lot size of the first trade (if only (1) trade is open), and 4 times the size of the first trade (if two trades ((1) and (2)) are open). The SL remains the same (5 pips from this very trade) and the TP for this trade is 10 pips.
NB. If (3) happens before (2), (2) becomes invalid and the trade isn't open.
If (2) happens at the same price as (3), only (3) is activated and the trade is open with 5 times the lot size of (1)
If (3) happens and hits TP, all other trades are closed at that TP. Whether in profit or loss.
There should be an option for trailing stops if possible.
For BUY TRADES:
1. If the low of the MACD is higher than (or equal to) a previous low, and the corresponding candlestick of the higher MACD is lower than (or equal to) the candle of the previous lower MACD, and forms a reversal candlestick pattern (bullish engulfing, hammer, bullish harami) then a buy trade is placed immediately. The TP should be just 10 pips and the SL should be 6 pips below the low of the lowest candle before the trade.
2. In a situation where the price goes against me for 10 pips, a second trade is opened (with the same lot size and same SL), but the TP is 15 pips and the previous trade's (number 1) TP changes to just 5 pips, making it a total of 20 pips profit.
3. In a situation where the price goes against me up to 5 pips from the SL, another trade is open with a lot size 5 times the lot size of the first trade (if only (1) trade is open), and 4 times the size of the first trade (if two trades ((1) and (2)) are open). The SL remains the same (5 pips from this very trade) and the TP for this trade is 10 pips.
NB. If (3) happens before (2), (2) becomes invalid and the trade isn't open.
If (2) happens at the same price as (3), only (3) is activated and the trade is open with 5 times the lot size of (1)
If (3) happens and hits TP, all other trades are closed at that TP. Whether in profit or loss.
There should be an option for trailing stops if possible.
DAILY PROFIT TARGET OF 50% OF OPENING DAILY BALANCE. ONCE THIS IS ACHIEVED, (3) SHOULD NOT BE VALID ANYMORE
Let me know if you need more information and I'd be happy to give to you.
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Project information
Budget
30+ USD
For the developer
27
USD
Deadline
to 2 day(s)