Hello coders. I need to create one EA which is incorporated with one indicator. This indicator will indicates BUY, SELL or WAIT. So, when the trading time comes, EA should open order based on the indicator.
Methodology:
This EA should acts as a trade opener which will open multiple currency pairs
indicated by the indicator. Thus, it’s a “set and forget” typed EA. It will not
manage those trades after being placed.
EA Parameter:-
+____lot size management____+
UseMoneyManagement: True
RiskPercent: 10
MaxLot: 10
FixedLot size: 0.05
+____Trading Setting____+
TradingHourly: 4
UseTimeFilter: True
TradingHourStart: 15:00
TradingHourEnd: 21:00
TP: 200
SL: 200
Unique MN per basket: True
FixedMNperbasket: 1122
ECNMode: False
_________________________________________________________________________________
Explanation of
parameter:
+____lot size management____+
v
UseMoneyManagement:
[If set to true, FixedLotSize will be disable, riskPercent will be used.]
v
RiskPercent:
[RiskPercent calculation should based on balance.] Eg. 10%
Formula:
(10/100 x balance) / (SL x quantity of currency pairs) = Lot Size Per Trade
Eg:
(10/100x500)/ (200 x 12) = 0.02 lot for each trade
Ps: Kindly note that SL point is
in 5 digits calculation. 200(5digits) =20 (4digits). Also, even though
sometimes “WAIT” signal will be indicated for few Fx pairs, but still quantity
of currency pairs will be counted into the equation. So, quantity of currency
pairs is based on how many Fx pairs been listed in the indicator.
v
MaxLot:
[This is the maximum lot configuration. Because we are using riskpercent so it
might trade over the specific lotsize
if we didn’t mentioned in MaxLot.]
v
FixedLot
size: [Fixed Lot Size will be defined here if usedMoneyManagement set to
false.]
+____Trading Setting____+
v
TradingHourly:
[EA will trade based on time interval. If set 2, then EA will place the trade
every 2 hours.]
v
UseTimeFilter:
[If set true, TradingHourStart & TradingHourEnd will be configured.]
v
TradingHourStart:
[Trading time where EA will be activated. Follow broker time.]
v
TradingHourEnd:
[Trading time where EA will be deactivated. Follow broker time.]
v
TP: [Take
profit for each trade.]
v
SL: [Stop
loss for each trade.]
v
ReverseTrade:
[Trade will be reversed which oppose the signals indicated. Buy -> Sell]
v
Unique MN
per basket: [If set true, unique magic number will be assigned for each
basket of trade but NOT each trade. The unique magic number should be assigned
in ascending order. Eg, 1->2->3->4…] The next MN should display on the chart so that I can know what magic number going to be.
v
Fixed MN
per basket: 11
v
ECNMode:
[ECNMode set true for ECN account.]
**Indicator will be provided once candidate being selected. It's NOT a source code but I have a decompiled version which consist of 200+ lines of codes.
Sorry for double post because did some correction. Please help me to code it. Thanks
Similar orders
I am looking for an experienced MQL5 developer to build a robust, high performance Expert advisor (EA) designed specifically for passing and managing funded accounts.The primary focus is to make some good money and also focus on risk management, consistent equity growth
Expert Advisor (EA) Requirements – MT5 (MQL5) Project Overview Develop an automated Expert Advisor (EA) for MetaTrader 5 based on EMA crossover signals combined with strict risk management and trade management principles. The EA must be optimized for Forex pairs and indices and should operate automatically without manual intervention. Entry Conditions Buy Setup Fast EMA crosses above Slow EMA. Current candle closes
I am in need of a profitable scalping EA for gold. No grid or martingale strategy pls. If you have one fully developed and working, pls reach out. You should be able to provide trial version
Simple MT5 indicator showing Friday close to Monday open gap on chart. Features: · Draw horizontal line at Friday close · Label showing gap size in pips · Toggle on/off
Hi. I have the statement of the Ea live results that I want to have. Please check this video from YouTube and the statement to see how the robot is working every day. I want a robot like this or better. The robot has 1-4% drawdown and 300-500% profit per month The robot works with ICMarkets Global 1:500 leverage and FPMarkets. The robot works between 10-30 minutes London session. Also the Robot can start trading from
MT5 Expert Advisor Development Project Overview I am looking for an experienced MQL5 developer to build a custom MetaTrader 5 Expert Advisor based on a grid-cycle trading framework. This is not a standard grid EA . The system combines: Session-based trade initiation Multi-filter signal generation Dynamic grid management Advanced basket management State-machine-driven trade lifecycle management Dynamic take-profit
I'm building a trading signal platform called Tradexa , focused on US30 and Nasdaq indices. For Phase 1, I need a developer to implement the signal-generation engine based on a detailed strategy document that I will provide. Requirements Multi-timeframe analysis (H4 → H1 → M15) Generate signals on M15 only when all strategy conditions are satisfied Detect liquidity sweeps Market structure shift (BOS/CHOCH) Retest
Hi, ink it would be that much. I have an existing EA that has just stopped working, I installed a new MT4 platform onto a new laptop and now it will not execute any trades, although I have put a price of 30usd I don't think it would be that much. Thanks Roman
Need an MT5 EA coded in MQL5. Strategy uses internally calculated MT5 Heikin Ashi candles, EMA 9 and EMA 21 on M1 USDJPY. Fixed lot size 12.20. One trade at a time. 40-point stop loss. Exit after 3 consecutive opposite Heikin Ashi candles. I have a detailed strategy document and video examples of valid and invalid entries. Videos linked show MT5 IOS but custom EA code will be used for windows MT5
We need an experienced MQL5 developer to build the Equity Guardian Strategy — a risk management overlay EA designed to run alongside two existing Expert Advisors. The Guardian monitors account equity and automatically switches to Recovery Mode when drawdown reaches a set threshold. While in Recovery Mode, the EA must block or ignore trading signals from the other two Expert Advisors. The system uses dynamic hedging
All orders
Rules
