Freelance service at MQL5.com: I need EA based on price action only, no indicators. Should be possible to use in any timeframe, MT4 (v670+) platform.

Job finished

Execution time 4 days

Feedback from customer

Mathematic have developed EA to my fully satisfaction. One week to finish project, I got the first EA within 24 hours(!), EA was finished way ahead of schedule. I would recommend them to anyone.

Description

Specification

Hallo Coders

Open 4 pending orders when conditions are met, 2 in each direction, with different TP and SL.

EA should be able to determine how many digits broker use, and autochange if used on JPY pairs

EA should be able to use "0" as input on TP and SL, meaning that no TP or SL will be used on that order.

EA should test if trade thread is free before placing orders (so multible EA's will not conflict).

There should be good comments in the code explaining whats going on, so I hopefully can modify it at a later stage.

You are also welcome to point out the weaknesses of my system if you have knowledge of such.

I want 3 weeks to test the EA, if any bugs is found, I expect these to be corrected within budget, if I find strategy have to be changed, I will pay you more.

Customizing Input: (=default value)

Lot size% = 1

TP(1) = 20

SL(1) = 10

TP(2) = 40

SL(2) = 10

SLhit = 4

SRbuffer = 2(Support and Resistance buffer in pips)

Height(%) = 50

Conditions are met when candlehight is less than 50% (changeble) of previus candle, then open the pending orders.

If SL is hit open new pending order (up to SLhit value) at the same location. If SL have been moved manually then dont open new order, for that specifik order.

Strategy:

If current candle (on close) height is lower than previous candle height check if Height(%) apply,

If so then open 4 pending orders, 2 at candle low (sell stop)+SRbuffer and 2 at candle height (buy stop) +SRbuffer

If not wait for next candle close, return.

Example:

1 candle is 100 pips high from 1.2800 to 1.2900

2 candle is 40 pips high from 1.2880 to 1.2920 price is at 1.2900 at close

2 candle is less than 50% of first candle then open 4 pending orders:

1 order: TP(1)+(2 candle high)+(RSbuffer) =20+1.2920+2 = 1.2942 buy at (2 candle high)+(RSbuffer) = 1.2922

1 order: SL(1)+(2 candle high)+(RSbuffer) =-10+1.2920+2 = 1.2912

2 order: TP(2)+(2 candle high)+(RSbuffer) =40+1.2920+2 = 1.2962 buy at (2 candle high)+(RSbuffer) = 1.2922

2 order: SL(2)+(2 candle high)+(RSbuffer) =-10+1.2920+2 = 1.2912

3 order: TP(1)+(2 candle low)+(RSbuffer) =-20+1.2880-2 = 1.2858 Sell at (2 candle low)-(RSbuffer) = 1.2878

3 order: SL(1)+(2 candle low)+(RSbuffer) =10+1.2880-2 = 1.2888

4 order: TP(1)+(2 candle low)+(RSbuffer) =-40+1.2880-2 = 1.2838 Sell at (2 candle low)-(RSbuffer) = 1.2878

4 order: SL(1)+(2 candle low)+(RSbuffer) =10+1.2880-2 = 1.2888

If price is at 1.2920 (or within the spread range) at close of candle 2, the first 2 orders have to be moved acording to spread so that they can be set anyway.

Examble: spread is 5

1 order: TP(1)+(2 candle high)+(RSbuffer)+spread =20+1.2920+2+5 = 1.2947 buy at (2 candle high)+(RSbuffer)+spread = 1.2927
1 order: SL(1)+(2 candle high)+(RSbuffer)+spread =-10+1.2920+2+5 = 1.2917
2 order: TP(2)+(2 candle high)+(RSbuffer)+spread =40+1.2920+2+5 = 1.2967 buy at (2 candle high)+(RSbuffer)+spread = 1.2927
2 order: SL(2)+(2 candle high)+(RSbuffer)+spread =-10+1.2920+2+5 = 1.2917

And the same with order 3 and 4 if opposite (price at 1.2880) at candle close.

Thanks.

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Project information

Budget

40 - 60 USD

VAT (25%): 10 - 15 USD

Total: 50 - 75 USD

For the developer

36 - 54 USD

Deadline

from 1 to 10 day(s)

Specification quality
Result check quality
Availability and communication skills