Exper advisor needed - MTF - only SMA indicator needed.

MQL4 Experts

Job finished

Execution time 19 days

Specification

description of needed expert advisor (changed on 23rd nov 2014):

input parameters (#...#):
var_TF1:M15  //timeframe1
var_TF2:M30 //timeframe2
var_TF3:H1    //timeframe3
SL-level=30 //Stop loss point
TP-level=75 //Target point
Tradingvolume=0.05 Lot
dayofweek_opening_trade=MO-SU or 1-7
hour_ opening_trade= (0-24h)-(0-24h)

above input parameters are also needed for metatrader optimization process.
 

short entry logic:
if no open trade and
high > SMA(#var_TF1#) and close < SMA(#var_TF1#) and
low  < SMA(#var_TF2#) and close < SMA(#var_TF2#) and
low  < SMA(#var_TF3#) and close < SMA(#var_TF3#) --> open Short at market

long entry logic:
if no open trade and
low  < SMA(#var_TF1#) and close > SMA(#var_TF1#) and
high > SMA(#var_TF2#) and close > SMA(#var_TF2#) and
high > SMA(#var_TF3#) and close > SMA(#var_TF3#) --> open long at market

trade closing logic: (TP/SL/MSL)
if profit increased to 50% of #TP#, move #SL# to break even.
if #SL# or #TP# is reached, close open trade.

no money management needed, every trade has a fixed volume, see 'input parameters'.
expert advisor is needed for MT4.

If you have any questions, please feel free to contact me.

Thanks for your attention.

 

 

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