FreelanceSections

Price Action based EA

MQL4 Experts

Job finished

Execution time 13 hours
Feedback from employee
It was a pleasure working with you. I hope to help you in your future projects. Regards.

Specification

I found this EA written on the early days of August by a fellow trader on another site. However, the creator never responded back to any answers made by other people and first shared it with the intent to make it profitable.

Quote
Dear all traders and programers,

I've writen a simple EA based on price action only, with rules:

Buy:
- Current candle closes higher than highs of 2 candles before (candle high shift 1 and candle high shift 2)
- Candle close shift 1 <= Candle high shift 2

Sell:

- Current candle closes lower than lows of 2 candles before (candle low shift 1 and candle low shift 2)
- Candle close shift 1 .>= Candle low shift 2

I din't use any indicator, you see and the ea is so simple; 

Please review the EA and help me.

Thank you so much!



This is the original post. I have found some bugs though that maybe someone can edit it

1.- The code says something about a "Signal Close Order" but apparently it isn't working. it should be closed after the next buy/sell order (its like swing trade).

2.- the EA wont open more than 1 trade,even though i put it on different charts and pairs. can you put the max no of orders can be open. 

3.- It has a function called "Each tick mode"; I ran the EA with both this option set to true or false and the results were the same, so not sure what this function allows.

 

thanks 

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Project information

Budget
10 - 15 USD
For the developer
9 - 13.5 USD