Time range breakout EA

MQL5 Experts

Job finished

Execution time 20 hours
Feedback from employee
Good employer! Thank you :)
Feedback from customer
Excellent and quick

Specification

Looks for signals on theses PAIRS:

Eurusd

Gbpjpy

Audnzd

Cadchf


Daily range calculation must be:

21:00:01 UTC to 21:00:00 UTC(24 hours)


3 time range formation SIGNAL:

1st day time range > 2nd day time range and 2nd day time range > 3rd day time range


TRADE:

Enter on 4th day breakout of 3rd day range if the signal is true.

BUY if ask price is > high of the 3rd day time range and ask price > 960 SMA then BUY

SELL if bid price is < low of the 3rd day time range and bid price < 960 SMA then SELL


Only 1 position open at a time that day but lets say the trade still has not been close by the next signal then its ok to have multiple position open if we get another signal the following day.

Stop Loss = 3rd day time range divided by 2.5

If Stop Loss is hit you can re-enter same day if it breakouts out the range again.

Take Profit = after price reaches 1:5 RR then close position if the 15min candle closes below the 250 SMA


Inputs:

PAIRS:

Toggle ON/OFF each pair we want to trade.


RISK:

Fixed lots

Percentage of Account balance 

Percentage of Account equity

specific amount in USD. example - $100.00


EQUITY PROTECTOR:(if account equity reaches X amount in loss then pause trades for 48 hours.)

Toggle this function ON/OFF

Amount in USD(for example if my initial balance is 100000 I want to just type 95000 so that it stops there)

Hours the EA pauses


EQUITY STOPPER:(if account equity reaches X amount in profit then turn off EA.)

Toggle this function ON/OFF

Amount in USD(for example if my initial balance is 100000 I want to just type 105000 so that it stops there)


please provide source code .mq5

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Project information

Budget
30 - 100 USD
For the developer
27 - 90 USD
Deadline
to 3 day(s)