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How to Order a Trading Robot in MQL5 and MQL4
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Specification
I need an expert advisor that will trade with the following settings
- detect support and resistance on the 1-hour timeframe
- wait for a bearish or bullish ChoCh ( change of character ) on the 5-minute time frame and if the price is not more than 5-10 pips away from the support/resistance zone, place a trade
- place stop loss at the end of the support/resistance zone and target 1:2RR, move stop loss to break even once the trade gets to 1:1
- exit the trade if an opposite BOS ( break of structure ) occurs regardless of whether the trade hit the take profit ( to protect against loss )
- only trade the london forex session
- also detect red folder news ( news feed from forexfactory.com ) and do not place any trades an hour before or after any red news
- 
in the attached image, the red zone is support on the 1-hour time frame ( plotted on the 5-minute time frame ) and once there is a Choch from that zone on the 5-minute time frame, a buy trade is placed. stop loss will be slightly below the red support zone and take profit at 1:2RR, with break even at 1:1R
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Project information
Budget
30+ USD
For the developer
27
USD