Create a simple Mt5 Hedge EA based on Stochastic indicator

MQL5 Experts

Job finished

Execution time 2 days
Feedback from customer
Highly professional and impressive work! Timely delivery, excellent communication. Highly recommended for any tasks.
Feedback from employee
Good employer! Thank you :)

Specification

Only high experience and honest programmers( with high reviews), low and medium experience please, do not apply.

EA SETTING :

- Order Type : Only Buy (ea open only order of buy signal) / Only Sell (ea open only order of buy signal) 

- Lot size

- Magic Number

- Take Profit (By amount) : the Ea closes all open and pending orders with the same magic number in the total amount of running profit.

- Stop Loss (By amount) : The Ea closes all open and pending orders with the same magic number of the total amount of running loose.

- Take profit of opposite order : (By point)

- Distance of pending orders : ( By point)

- Spread : ( By point)

(Indicator sitting to keep)

- K period : 10

- D period : 6

- Slowing : 6

- Level




How it works :


BUY CONDITIONS :

-Bullish crossover triggers a Buy order :  if the bullish crossover signal is above the 50 level line 

- If the signal of buy finds one or more open orders (buy or sell) with the same magic number, the signal will not open a trade.

- A buy order comes with 1 Buy limit and 1 Sell stop:

Buy Limit = (Distance of pending orders) + (Spread)

Sell Stop = ( Distance of pending orders)

- The Sell Stop will have the Take profit of opposite order

- If the pending orders are executed, the Ea opens two more pending orders at a distance from the newly executed orders. And so on.



SELL CONDITIONS 

-Bearish crossover triggers a Sell order :  if the bearish crossover signal is below the 50 level line 

- If the signal of sell finds one or more open orders (buy or sell) with the same magic number, the signal will not open a trade.

- A sell order comes with 1 Sell limit and 1 Buy stop:

Sell Limit = (Distance of pending orders) + (Spread)

Buy Stop = ( Distance of pending orders)

- The Buy Stop will have the Take profit of opposite order

- If the pending orders are executed, the Ea opens two more pending orders at a distance from the newly executed orders. And so on.


Additional requirements

1. EA must be efficient code, without bugs or problems.

2. EA should work on any account or MT5, no restrictions, MQL5 open source full code.

3. EA must be tested and fully functional and accurate.

4. If you see any improvements that you can recommend / implement that would be appreciated.



Files:

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Project information

Budget
50+ USD
For the developer
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Deadline
to 1 day(s)