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Rules
Watch how to order a trading robot
Read the Rules before you post an order or execute it
How to Order a Trading Robot in MQL5 and MQL4
See a sample Requirements Specification to order a robot
New orders in the category:
30+ USD
30 - 60 USD
30 - 60 USD
40+ USD
50 - 100 USD
Specification
#### **Indicators**
1. **Daily % Movers**:
- Symbol Identification**: Identify the symbol with the highest absolute percentage change for the day. This symbol will be the active trading symbol until another symbol achieves a higher absolute percentage change.
- Calculation**: Calculate the daily percentage change using the formula provided in the attached file.
2. **Range Bars**:
- Construction**: Construct Range Bars based on price movement rather than time intervals.
- Spread Data**: Calculate the average spread for all symbols.
- Range Bar Size**: Set the minimum range bar size to the average spread value of the symbols.
- Heiken-Ashi**: Apply the Heiken-Ashi technique to the range bars.
#### **EA Rules**
1. **Entry**:
- BUY Order**: Place a buy order at the close of a bullish Heiken-Ashi candlestick.
- SELL Order**: Place a sell order at the close of a bearish Heiken-Ashi candlestick.
2. **Recovery Hedge**:
- No Stop Loss**: Instead of using a stop loss, place a recovery hedge trade.
- Hedge Distance**: Calculate the hedge distance as a multiplier of the ATR (Average True Range) value of the range bars.
3. **Exit**:
- **Take Profit**: Set take profit in points, calculated as a multiplier of the ATR value.
- **Break-even Trailing Stop**:
- Activation**: Activate when the price reaches a specified number of points away from break-even and is in profit.
- Trailing Mechanism**: The trailing stop will follow the price until the position is closed, using a multiplier of the ATR value to determine the trailing stop distance.
#### **EA Settings**
1. **Start At 00:00:00**:
- Option to Enable/Disable**: Enable or disable this feature.
- Function**: EA starts trading at the open of the new trading day.
2. **Daily % Mover**:
- Option to Enable/Disable**: Enable or disable this feature.
- Function**: If enabled, trades the current top % mover by absolute value. If disabled, trades the current symbol on the chart only.
3. **Average Spread Bar Size Multiplier**:
- Function**: The minimum size of a range bar is determined by the average spread of the symbol, multiplied by a specified factor.
4. **ATR Multiplier Recovery Hedge**:
- Function**: Use a multiplier of the ATR value to set the distance for the recovery hedge trade.
5. **ATR Multiplier TakeProfit / BE Trailing Stop**:
- **Take Profit**: Set take profit in points, calculated as a multiplier of the ATR value.
- **Break-even Trailing Stop**:
- Activation**: Activate when the price reaches a specified number of points away from break-even and is in profit.
- Trailing Mechanism**: The trailing stop follows the price until the position is closed, using a multiplier of the ATR value.
6. **Position Sizing**:
- Fixed**: Specify a fixed lot size for every trade.
- Balance%**: Use a specified percentage of the account balance for each trade.
- Equity%**: Use a specified percentage of the account equity for each trade.
7. **Max Risk % Per Trade**:
- Option to Enable/Disable**: Enable or disable this feature.
- Specification**: If enabled, specify the maximum percentage of the initial account balance that can be risked on a single trade.
8. **Max Lots Per Trade**:
- Option to Enable/Disable**: Enable or disable this feature.
- Specification**: If enabled, specify the maximum lot size allowed for a single trade.
9. **Max Daily % Profit**:
- Option to Enable/Disable**: Enable or disable this feature.
- Specification**: If enabled, specify the target maximum daily profit as a percentage of the account balance. Once this profit level is reached, no further trades will be placed for the day.
10. **Max Daily % Drawdown**:
- Option to Enable/Disable**: Enable or disable this feature.
- Specification**: If enabled, specify the maximum allowable daily drawdown as a percentage of the account balance. Once this drawdown level is reached, all trading for the day will stop.
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