Freelance service at MQL5.com: 4 EMA + Volume Martingale EA

Job finished

Execution time 25 days

Feedback from employee

Rayn is a great person, I enjoyed working with him. I did my best to give him the best quality code and I provide him with support in the future. I hope to work with him again.

Feedback from customer

Good work! Easy to communicate with and already working with Salman on another project :)

Description

Specification

Strategy for EA here: https://youtu.be/LSqRp_6Q6_4

Indicators:

4 EMA indicators 9, 20, 50, and 200

volume indicator with 20 MA overlay

ADX > 20 as a filter that can be turned on / off to avoid ranging conditions.

Rules:

Counter trend trading strategy with martingale.

1. Buy trade opened when price is X pips below all 4 bands & Volume above 20 MA. This number can be defined by user, setting Distance from last band.

2. Sell trade opened when price is X pips above all 4 bands & Volume above 20 MA. This number can be defined by user, setting Distance from last band.

3. Trade is closed when the price reaches the second moving average.

4. If trade goes opposite direction, a new trade in the same direction is created at X pips (pip step), this trade is double the last trade. If trade continues in opposite direction a new trade in the same direction is created again at double the last trade.

5. Watch video to understand completely.

EA Settings:

Money Management
Trade time 0-24 (customizable)
Trading day Monday-Friday , true / false
Magic number
Max spread
Range Filter
Distance from last band in pips to entry (can be set)
Pip step to open next position in pips doubled
Max Drawdown (close all trades)

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Project information

Budget

100 - 250 USD

For the developer

90 - 225 USD

Deadline

from 1 to 7 day(s)

Specification quality
Result check quality
Availability and communication skills