Create a Robot for Chart Trend Line Object

MQL4 Experts

Job finished

Execution time 1 day
Feedback from customer
Great Developer and very fast turnaround.
Feedback from employee
Thanks a lot

Specification

Hi All,

Looking for someone who will write an EA that will open positions when price touches or is near a trend line object present on the chart. The object type is a Trendline and the trend line is reset automatically for every new session close/open (USA session close - Asia session open creates new trend lines).  

Entry:
- When the price reaches the [ADR] ADR High Line (this is the label used on the chart), open short position.
When the price reaches the [ADR] ADR Low Line (this is the label used on the chart), open long position.

- Set entry parameter if price within pip range of High or Low line.

Position Management:
- Open new positions until the price reversal. 
- Allow Step setting for gaps between positions - if step = 0 only single position entry.

- bot should manage only the pair from the chart it is set on, to allow another instance of the bot to trade on a different chart. 

MM:

- Set position size setting.

- Set position size multiplier (Martingale) setting. 

- Set Take profits averaged for all positions (TP are averaged for all positions to be profitable to close -i.e. all TP are set to a single price point)

- Set permitted Equity Loss - if running P/L > than - close all positions.

 

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Project information

Budget
30 - 500 USD
For the developer
27 - 450 USD