MAKE EA LIKE THIS

MQL5 Experts

Job finished

Execution time 4 days
Feedback from customer
GOOD
Feedback from employee
Great customer

Specification

Hello,

I would like you to create an Expert Advisor (EA) in MQL5 based on the following specifications:

1. **Market Analysis:**
   - The EA should identify double top and head and shoulders patterns using candlestick data.
   - Use line charts for more accurate turning point identification.
   - The EA should recognize rejection candlesticks and momentum to confirm trend direction.

2. **Trend Lines:**
   - Draw trend lines based on line and candlestick charts.
   - Identify entry points by confirming candlestick closure below the trend line.

3. **Reversal Patterns:**
   - Recognize reversal patterns such as double tops and head and shoulders.
   - Use these patterns to confirm trend reversals before taking positions.

4. **Risk Management:**
   - Manage risk per trade, no more than 4% of the account.
   - Include adjustable stop loss and take profit settings.

5. **Execute Entry and Exit:**
   - Open positions based on confirmation of reversal patterns and candlestick closure below the trend line.
   - Close positions based on predefined profit targets or new trend reversal signals.


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Project information

Budget
30 - 59 USD
For the developer
27 - 53.1 USD