Create an Expert Advisor based on existing Indicator

MQL4 Experts

Job finished

Execution time 30 days

Specification

Please see indicator to base the Expert on attached.


Entry:


1. Enter a market buy order if the next candle breaks above the trigger candle

2. Enter a market sell order if the next candle breaks below trigger candle

Only one entry for each trigger candle (i.e. if a buy is triggered, do not enter sell / if sell is triggered, do not enter buy)


3. Stop loss is the lowest price (for buys) or highest price (for sells) of the trigger candle


4. TP is a multiplier of the SL size (e.g. if '1' then the TP is same size as the SL, if 0.5 TP is half size of SL) 

-Important: if there is an entry or SL buffer (see below) please add these to the TP size 


5. Multiple trades can run at the same time


Include options for:

1. Lot size per trade by two options:

a) Lot size (allow 2 decimal places)

b) Risk % (Risk % of equity based on the initial SL size (i.e. size of trigger candle) Allowing for 1 decimal place (X.X%)


2. SL buffer (extra room to add SL)

a) in points (default 0)

b) as a percentage size of the trigger candle (default 0)


3. Entry buffer (extra room to add entry before buy or sell trade)

a) in points (default 0)

b) as a percentage size of the trigger candle (default 0)


4. Move SL to break-even option

a) After 'x' pips

b) After 'X' ratio of SL size (e.g. 0.5 means after position moves by half trigger candle length- move SL to BE)


5. Trailing stop (activated as soon as trade is entered)

a) Turn TP on/off

b) Trail by 'x' pips step

c) Trail by 'X' ratio of SL size


6. Max spread settings (default 50 points) - only allow entry to be taken if spread is lower than this


7. Time period (00:00 to 00:00) for no trading

Files:

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Project information

Budget
40+ USD
For the developer
36 USD
Deadline
to 2 day(s)