Supertrend pullback EA

MQL4 Experts

Job finished

Execution time 17 hours
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Specification

Hi all, 

I'm looking for a programmer that is able to develop an expert advisor based on this strategy:

THIS STRATEGY IS BASED ON INDICATOR XSUPETREND

The strategy attempts to gain from pullback indicated by lines drawn from this indicator

SHORT ORDERS:

When a candle close below the indicator, a pending sell order is set 10 pips below the new upper line of the indicator with 30 pips STOP and 60 Pips take profit

Every hour a new pending is set if the indicator change level (and the previous order is canceled)

LONG ORDERS: 

When a candle close above the indicator, a pending Buy order is set 10 pips above the new lower line of the indicator with 30 pips STOP and 60 Pips take profit

Every hour a new pending is set if the indicator change level (and the previous order is canceled)

If possible, the take profit should be fixed or no. 

When take profit is not fixed the stop loss is updated from an x pips amount from the new value of the level of supetrend.


Money management: Fixed lots or % of equity


The values of xsupetrend parameters, the stop loss and the take profit, should be editable in the Expert options

I attach the indicator and an image like example 

 Thanks all 

 

Files:

TXT
Strategy.txt
1.0 Kb
PNG
AUDUSDH1.png
90.1 Kb

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