Need an EA to autotrade when specific requirements are met based on 200/50 EMA and Stochastic indicators and uses ATR for setting SL and TP

MQL5 Experts Forex

Job finished

Execution time 1 day
Feedback from customer
I received most of what I asked for. The code was commented well so from there I was able to tweak to get it perfect...and learn a little in the process. Very good communication as well.

Specification

Hello. I'm trying to learn MQL5 to do this but have been hitting a wall getting it completed. So I'd like someone to code the EA for me and include the source files so I can learn from it...(to see what I'm doing wrong basically).

Inputs:

  1. Trading pair will be whatever is selected on the chart it's applied to.
  2. Lot size can be fixed or percentage. If fixed is selected, the default is 0.1. If percentage is selected the default is 1%. But either can be changed to suit the current needs.
  3. Max spread: default will be 5 but will not trade if the default spread is lower than the current brokerage amount.
  4. Hours for trading: default will be all hours, but can set a start and stop time if required.
  5. Days that trades can be opened: default will be Mon-Fri (Forex) but will have option to turn off individual days.
  6. Max orders: default will be 1 (only one trade open at a time) but can be changed to allow more.
  7. Stop Loss (SL): default will be 1.5x the Average True Range (ATR) when the trade is opened but can be changed as required.
  8. Take Profit (TP): default will be 1.5x the SL.
  9. Stochastic Range high (for shorts): default is 80 but can be adjusted as required.
  10. Stochastic Range low (for longs): default is 20 but can be adjusted as required.

Indicators used: all using the timeframe of the selected chart.

  • 200 period Exponential Moving Average (EMA)
  • 50 period Exponential Moving Average (EMA)
  • Stochastic: K length 14, D length 14, smoothing, 3, 3
  • Average True Range (ATR): 14 RMA smoothing

Requirements to open a long position:

  • No other orders currently open
  • Currently trading above both the 200 EMA and 50 EMA and 200 EMA is below the 50 EMA.
  • If, at any point, the 50 EMA moves below the 200 EMA, the process resets.
  • Price closes below the 50 EMA.
  • Both stochastic D and K are below the selected low range (default 20).
  • This doesn't have to be on the same candle that closed below the 50 EMA. We can wait until stochastic D and K cross below the selected low range unless 2 candles close below the 200 EMA or 50 EMA crosses below 200 EMA. If either of those happen then the process resets.
  • Stochastic K moves above stochastic D, but both are still below the selected low range. (Now trigger long position).
  • If either stochastic K or D move above the selected low range, the process resets.

Requirements to open a short position:

  • No other orders currently open
  • Currently trading below both the 200 EMA and 50 EMA and 200 EMA is above the 50 EMA.
  • If, at any point, the 50 EMA moves above the 200 EMA, the process resets.
  • Price closes above the 50 EMA.
  • Both stochastic D and K are above the selected high range (default 80).
  • This doesn't have to be on the same candle that closed above the 50 EMA. We can wait until stochastic D and K cross above the selected high range unless 2 candles close above the 200 EMA or 50 EMA crosses above 200 EMA. If either of those happen then the process resets.
  • Stochastic K moves below stochastic D, but both are still above the selected high range. (Now trigger short position).
  • If either stochastic K or D move below the selected high range, the process resets.

Info on the chart:

When the EA is running, please display the following in a box on the chart:

  • Current spread
  • Open order information
  • SL settings
  • TP settings
  • Possibly other normally included info

Attached is a screenshot of what a successfully place order would look like. Let me know any additional questions you may have.

Files:

PNG
ForexEntry.png
102.3 Kb

Responded

1
Developer 1
Rating
(100)
Projects
125
23%
Arbitration
12
0% / 75%
Overdue
22
18%
Free
2
Developer 2
Rating
(215)
Projects
348
16%
Arbitration
22
41% / 32%
Overdue
18
5%
Busy
3
Developer 3
Rating
(19)
Projects
27
11%
Arbitration
2
0% / 0%
Overdue
0
Free
4
Developer 4
Rating
(39)
Projects
50
18%
Arbitration
5
40% / 40%
Overdue
0
Free
5
Developer 5
Rating
(129)
Projects
163
42%
Arbitration
20
60% / 20%
Overdue
9
6%
Working
6
Developer 6
Rating
(63)
Projects
194
73%
Arbitration
4
100% / 0%
Overdue
1
1%
Working
7
Developer 7
Rating
(65)
Projects
95
36%
Arbitration
11
27% / 45%
Overdue
14
15%
Free
8
Developer 8
Rating
(67)
Projects
110
32%
Arbitration
1
100% / 0%
Overdue
3
3%
Working
9
Developer 9
Rating
(1)
Projects
1
0%
Arbitration
0
Overdue
0
Free
10
Developer 10
Rating
Projects
0
0%
Arbitration
0
Overdue
0
Free
11
Developer 11
Rating
(4)
Projects
7
43%
Arbitration
1
0% / 0%
Overdue
1
14%
Free
12
Developer 12
Rating
(167)
Projects
188
32%
Arbitration
6
50% / 50%
Overdue
2
1%
Working
13
Developer 13
Rating
(64)
Projects
107
68%
Arbitration
1
100% / 0%
Overdue
2
2%
Free
14
Developer 14
Rating
(90)
Projects
118
17%
Arbitration
44
23% / 39%
Overdue
20
17%
Free
15
Developer 15
Rating
(59)
Projects
78
26%
Arbitration
9
33% / 56%
Overdue
8
10%
Free
16
Developer 16
Rating
(98)
Projects
109
57%
Arbitration
0
Overdue
0
Free
17
Developer 17
Rating
(16)
Projects
22
18%
Arbitration
0
Overdue
0
Free
18
Developer 18
Rating
(72)
Projects
80
10%
Arbitration
36
8% / 53%
Overdue
6
8%
Working
19
Developer 19
Rating
(267)
Projects
542
50%
Arbitration
55
40% / 36%
Overdue
225
42%
Working
20
Developer 20
Rating
(489)
Projects
558
33%
Arbitration
27
44% / 44%
Overdue
8
1%
Loaded
21
Developer 21
Rating
(2442)
Projects
3079
66%
Arbitration
77
48% / 14%
Overdue
340
11%
Free
22
Developer 22
Rating
(568)
Projects
641
41%
Arbitration
22
55% / 32%
Overdue
47
7%
Working
23
Developer 23
Rating
(2104)
Projects
2675
62%
Arbitration
114
46% / 25%
Overdue
420
16%
Loaded
Similar orders
I’m looking to turn into code. Trading Instrument - Crude Oil Futures (CL) Chart and Timeframe - 30-second chart Entry Setup 1. Time Focus on the first 30-second candle after 11:00:00 AM New York time. (11:00:00 candle) 2. Candle Size Limit : Skip the trade if the first candle is greater than 10 points. 3. Entry Orders - Place stop orders at the high and low of the first 30-second candle after 11:00:00. - Long Entry
I want a bot that take trade from any arrow indicator with buffer value. Pls the bot even have 5 indicator filter to filter trade independent of the time frame of the bot
hello there I need a copy trade for mt4 can ANYONE help me with and let discuss on how to go about it kindly send me message to signify and let discuss mind you i need this urgently let connect to discuss and conclude
I would like the better volume indicator 1.6 in a scanner format. Scanning multiple timeframe and pairs of which can be picked. Would like it to provide all standard notifications and also if pressed to go to the a template timeframe and pair. *To be placed in a table format as the one added. To be able to add which time frame you want to see. *To advise me of the following Climax High - turn the text green High
i have a JavaScript of a code which is a indicator of trading view, i want to convert into python script and make a mql5 automated trading bot which can take automatic trade and also exit when the signals come by the indicator
I need to build EA MT4 that able to connect as copy trading between demo account to real account with partial of positions not all Example: If the demo account open position so the real account will be opened same position with ability to place different volume size based on real account equity and demo equity, and ability to choose which position should be copied, position one, two, three, four, five, six, seven
I would like an existing, older MT4 EA I had developed converted into an MT5 EA and debugged where necessary. The EA is attached and should be fairly self-explanatory. It is a breakout order entry EA with customisable parameters
I require an MT4 Expert Advisor (EA) that automatically places hedge orders when a buy or sell order is placed by me or another EA. The hedge orders will consist of a stop order (either Buy Stop or Sell Stop), with the same lot size as the original order, deployed at a predefined price distance. The EA must ensure that only one hedge order is placed for each trade. The system should monitor trades based on specific
For Chart Panel : Needs a Black Back ground at present its transparent . ✔️ Trading Panel (To be reset weekly = 1-6) 1. EA Status : (on/off) 2. Total Trades Taken : 3. Number of Profitable Trades Today : 4. Number of Loosing Trades Today : 5. Number of Profitable Trades This Week : 6. Number of Loosing Trades This Week : (To be Reset every Month = 7-9) 7. Number of Profitable Trades This Month : 8. Number of Loosing
my request is to convert a trading view indicator to mt4. I have a supertrend indicator for trading view or pine script. and all I want is to convert it for to mt4 or mql4

Project information

Budget
50 - 80 USD
For the developer
45 - 72 USD
Deadline
from 2 to 5 day(s)