Required an EA based on simple super trend and advanced fractal

Specification

Specification

 

EA TRADING LOGIC

Indicators to Use:

1. Simple Super Trend (For entry signal).

2. Advanced Fractal (For stop loss, trailing stop loss and re-entry).

Buy Entry Conditions:

1. A blue arrow from the super trend must appear below a closed candle. This is referred to as the signal candle.
2. A 
candle body must close above the high of the signal candle. This is referred to as the confirmation candle.
   - If a candle closes above the high with a wick but not the body, the EA should wait until a candle body closes above the wicks of the following candles (one or more, as necessary).
3. Once the above conditions are met, the EA should enter the trade immediately after the 
confirmation candle closes.

Find the example below

(SEE PIC 1 in Attachment)

Sell Entry Conditions:

1.      red arrow from the super trend must appear above a closed candle. This is referred to as the signal candle.

2.      candle body must close below the low of the signal candle. This is referred to as the confirmation candle.
   - If a candle closes below the low with a wick but not the body, the EA should wait until a candle body closes below the wicks of the following candles (one or more, as necessary).
3. Once the above conditions are met, the EA should enter the trade immediately after the 
confirmation candle closes.

Find the example below.

(SEE PIC 2 in Attachment)

Stop Loss (SL):

For Buy Trades:
- The SL should be placed a few pips below the candle with the current blue fractal.

For Sell Trades:

- The SL should be placed a few pips above the candle with the current 
red fractal.


Trailing Stop Loss:

For Buy Trades:
- The trailing SL should adjust to remain a few pips below the 
blue fractal.

For Sell Trades:
- The trailing SL should adjust to remain a few pips above the red fractal.

The number of pips should be adjustable as an input parameter.

 

Re-Entry Conditions:

If the trailing SL is hit-

For Buy Trades:
  -Re-entry can occur after a candle body closes a few pips above the candle with the current 
red fractal.
For Sell Trades:
  - Re-entry can occur after a candle body closes a few pips below the candle with the current 
blue fractal.

Find the example of a buy re-entry below.

(SEE PIC 3 in Attachment)

Exit Conditions:

Trades should close under any of the following conditions:
1. An opposite direction entry has been confirmed.
2. The SL is hit.
3. The trailing SL is hit.

 

Additional Features

  1. Risk Calculation:
    • Option to manually input the lot size.
    • Option to let the EA automatically pick the minimum lot size.
    • Include a flexible risk calculation where the user can input the percentage of capital to risk.
  2. Account Restriction: Implement a feature that restricts the EA to one specific client account.
  3. Allow manual intervention (e.g., trailing stop or manual trade closure) without disrupting the EA's functionality.
  4. Automatically perform the following actions when an order reaches a 1:2 risk-to-reward ratio:
    • Close half of the position (partial closure).
    • Make this input optionable.

5.     Include an option to select the trading mode:

    • Buy Only
    • Sell Only
    • Both Buy and Sell

6.     The number of pips/ points should be adjustable as an input parameter, when setting a stop loss.

7.      Make the re-entry and trailing feature an optional input, so I can choose whether to use it or not.

8.      Allow me to specify the risk-to-reward ratio for partial closing. I should be able to choose when the partial close happens—at a 1:1, 1:2, 1:0.5 ratio, or any custom ratio I input.

9.      Add a toggle to switch between automatic and manual trailing stops, so I can disable the auto trailing if needed.

10.  Close the Trade at a Specific Risk-to-Reward Ratio (R: R): (Take profit option.) I should be able to enable and disable this.

§  Add an option in the settings where you can choose a specific risk-to-reward ratio (e.g., 1:2) for the EA to automatically close the entire trade.

§  After the trade is closed, the EA will not immediately re-enter the same type of trade (e.g., a buy). It will only open a new trade if the opposite direction (e.g., a sell) is confirmed.

11.  Move the Stop Loss (SL) to Break Even at a Specific R: R:

§  Add another option in the settings where you can choose a risk-to-reward ratio (e.g., 1:1) for the EA to automatically move the stop loss to the break-even point (the entry price). This helps secure your profits while reducing the risk of a loss if the market reverses.

More examples: 

(SEE PIC 4 in Attachment)

(SEE PIC 5 in Attachment)

 

Qualifications for the Developer:

  1. Extensive experience in MQL5 EA development with a proven track record.
  2. Strong understanding of forex trading concepts like risk management, lot sizing, drawdown, and strategy implementation.
  3. Ability to implement customizable parameters (e.g., risk percentage, lot size, pip thresholds, exit strategies).
  4. Skilled in creating EAs suitable for backtesting and optimization.
  5. Delivers clean, efficient, and well-documented code.
  6. Provides after-sale support for bug fixes and minor adjustments.
  7. Excellent communication skills for understanding and implementing requirements.
  8. Adheres to secure coding practices to protect trading strategies.
  9. Consistently meets deadlines and delivers on time.
  10. Works within the specified budget without compromising quality.

 


Files:

JPG
PIC 1.jpg
61.7 Kb
JPG
PIC 2.jpg
59.0 Kb
JPG
PIC 3.jpg
52.5 Kb
JPG
PIC 4.jpg
45.5 Kb
JPG
PIC 5.jpg
60.7 Kb

Responded

1
Developer 1
Rating
(72)
Projects
105
15%
Arbitration
4
25% / 25%
Overdue
9
9%
Loaded
2
Developer 2
Rating
(261)
Projects
406
18%
Arbitration
26
46% / 27%
Overdue
24
6%
Loaded
3
Developer 3
Rating
(203)
Projects
291
22%
Arbitration
18
67% / 17%
Overdue
1
0%
Working
4
Developer 4
Rating
(42)
Projects
62
8%
Arbitration
12
58% / 42%
Overdue
1
2%
Free
5
Developer 5
Rating
(2155)
Projects
2727
62%
Arbitration
116
45% / 25%
Overdue
421
15%
Working
6
Developer 6
Rating
(4)
Projects
4
0%
Arbitration
1
0% / 0%
Overdue
0
Loaded
7
Developer 7
Rating
(3)
Projects
4
50%
Arbitration
0
Overdue
0
Free
8
Developer 8
Rating
(266)
Projects
477
35%
Arbitration
60
35% / 35%
Overdue
171
36%
Working
9
Developer 9
Rating
Projects
0
0%
Arbitration
0
Overdue
0
Free
10
Developer 10
Rating
Projects
0
0%
Arbitration
1
0% / 100%
Overdue
0
Free
11
Developer 11
Rating
(10)
Projects
11
27%
Arbitration
1
100% / 0%
Overdue
0
Free
12
Developer 12
Rating
(10)
Projects
8
38%
Arbitration
4
0% / 50%
Overdue
2
25%
Loaded
13
Developer 13
Rating
Projects
0
0%
Arbitration
0
Overdue
0
Free
14
Developer 14
Rating
Projects
0
0%
Arbitration
0
Overdue
0
Free
15
Developer 15
Rating
(309)
Projects
465
66%
Arbitration
5
40% / 0%
Overdue
4
1%
Working
Similar orders
AN EDITED (UPDATE) JOB DESCRIPTION (ON A SECOND THOUGHT): I need the very best developer on mql5.com to help me quickly develop this EA that is based on an Alpha trading strategy that is based on David Weis' wave volume indicator. A lot of the entry and position management rules are based on Fibonacci levels calculation (simplified in the requirement document); in addition to wave extension and combination cum trade
hello I have many files I would like converted to NT8 from NT7 and then once those are converted, I would like to make more add-ons and build several strategies. I am on a bit of a budget so looking around and someone mentioned you to me so I wanted to try you out. Can you convert both these files from NT7 to NT8? You can even combine them into one file. They are called MWaveup and Mwave down and its an elliott wave
3 step semi auto system: this system include 3 Ema (x,y,z) and Pivot point(daily) step-1: ema crossover (x,y) , than return to the ema(x) step-2: check another ema (z) step-3: check pivot point (daily) than send alert
This job has two phases , this will be 1st phase . Thresholds : For Low Volatility to High Volatility Entries Are based on ATR multiplier . (Multiplier already exists) Timing Filter . Personalized Trailing Stop (already exists)
Quiero que optimice mi bot ya creado por mi para que respete las reglas de operaciones, y que tenga una buena gestión, el bot actualmente me ha hecho buenas operaciones en un día hizo un beneficio de 700 dólares pero por mi mala gestión seguí operando y se Fue en pérdida hasta que me suspendieron la cuenta. Quiero que el bot trabaje más al paso ya que actualmente abre muchas operaciones al mismo tiempo y por eso
Description: Hello, I am looking for an experienced MQL5 developer to help me finalize and fix issues in my trading robot for MetaTrader 5. The robot is mostly functional but has issues with position closures that need to be resolved. What I need: Fix Position Closure Logic: The robot doesn't close trades that are supposed to be based on profit for all opened positions together. Ensure it respects take-profit, and
Hello everyone, i want a very good programmer that can create a simple Expert Advisor for me that can be able to take trades towards the correct market direction and also maximize profits using trailing SL and exit profits before reversal. I have developed a logic that can make me set price range for the market and i exoect the EA to use the price positions to take trades by BUYING upwards above the set positions or
Alpha Miner 1.0 65+ USD
I am looking for an experienced MQL5 developer to code a Buy & Sell Grid Martingale EA. The EA is complex. So if you have not developed a complex EA before, no need to indicate interest. The EA will be a grid martingale EA that will be able to trade forex, stock, crypto, commodities, indices, etc. Moving Averages and RSI will be used to open and manage trades The EA will also add positions to winning trades
This project requires the development of an Expert Advisor (EA) in MQL5, designed to work with multiple timeframes and based on the Smart Money Concept (SMC). The EA will include flexible parameters and dual strategies for advanced trading customization. Key Requirements Multi-Timeframe Support: While running on a primary timeframe (e.g., 5 minutes), the EA will also analyze higher timeframes like e.g. 1-hour and
I am looking for an experienced MQL5 developer to code a Buy & Sell Grid Martingale EA. The EA is complex. So if you have not developed a complex EA before, no need to indicate interest. The EA will be a grid martingale EA that will be able to trade forex, stock, crypto, commodities, indices, etc. Moving Averages and RSI will be used to open and manage trades The EA will also add positions to winning trades

Project information

Budget
30+ USD
Deadline
to 5 day(s)

Customer

Placed orders1
Arbitrage count0