FreelanceSections

EA required: Donchian Channels

MQL4 Experts

Job finished

Execution time 4 days
Feedback from customer
Very patient and did what was asked of him. Good attitude :-)
Feedback from employee
Thank you!

Specification

Hello

I require an EA to be programmed that does the following:

  • Trades the breakout or breakdown of Donchian Channels when price is 'n' pips higher or lower than the channel and also uses Momentum or ROC indicator for confirmation
  • When a signal is generated each position must be opened immediately within the existing bar and not at the beginning of the next bar
  • Stop loss used will be the chandelier trailing stop loss as outlined here http://hope.ly/1rUADkd
  • Position size will be a % of the account equity
  • Only one position to be opened at any time. If another signal is generated when a position is open then it is to be ignored. 
  • Choose to trade within certain trading hours as defined by the user or trade continuously.
  • *If possible* Ability to stop trading for the day when 'n' x Risk has been achieved.

I am happy to clarify the EA further in the system requirements section when we move forward. I am not looking for ideas or suggestions on how to improve trading this system. 

Thanks 

 

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Budget
20 - 120 USD
For the developer
18 - 108 USD
Deadline
from 2 to 10 day(s)