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
Hello coders ,I am looking for a good already established MT5 EA ,that doesnt blow account, with maximum 10 percent drowdown,I need to backtest by myself,after that i select the developer
I need a trading bot (Expert Advisor) that can send alerts to mobile, Telegram, and the MT5 desktop platform. The bot should work as a market scanner for all symbols available in my MetaTrader 5 Market Watch. It must analyze multiple indicators and convert their signals into a point-based scoring system, then send alerts based on those scores. Requirements: Send notifications to: Mobile (push notifications) Telegram
Project Overview I am looking for a high-level Algorithmic Trader / Developer to build a sophisticated, fully automated scalping system for the Nasdaq-100 Future (NQ) . The system must integrate institutional order flow logic with market structure analysis. The core logic must be written in Python , acting as a central hub that bridges ATAS (as the primary data source for Order Flow) and MetaTrader 5 (as the
I have recently used an ea that was absolutely perfect however, I have since found it was not a safe source. I use IC Markets raw spread ECN accounts and the bot I would like is a gold + btc trader (other forex are also fine) that trades extremely high lots, whilst trading extremely high frequency. I am happy to take a bot that already exists if this has an account I can view read only for true results
//@version=5 strategy("Simple SMC Bot", overlay=true) // Detect highs/lows hh = ta.highest(high, 10) ll = ta.lowest(low, 10) // Break of structure bullishBOS = close > hh[1] bearishBOS = close < ll[1] // Entry logic if bullishBOS strategy.entry("Buy", strategy.long) if bearishBOS strategy.entry("Sell", strategy.short) // Stop loss & take profit strategy.exit("Exit Buy", from_entry="Buy", loss=50, profit=100)
I am interested in purchasing a highly profitable Expert Advisor (EA in MQL4 / MQL5) with a focus on achieving a high Profit Factor and Recovery Factor while maintaining a low Drawdown. I require an EA that not only performs well in backtesting but also has a verifiable track record of success in live trading. Key Criteria: Profitability Metrics: The EA should demonstrate a high Profit Factor and Recovery Factor
I'm not here to waste somebody time also mine should not be wasted provide if you got what I want real profitable high frequency EA Send the backteing results picture then demo EA test on demo account for at least two days
Requirement Specification: Market Structure: Identify Trend on 1H/30M using BOS and CHOCH. Entry Logic: Wait for 50% Fibonacci Retracement into an Order Block (OB) or Fair Value Gap (FVG). Execution: On 5M/15M timeframe, execute trade only if a confirmation pattern forms at the zone. Patterns Required: Bullish/Bearish Engulfing, Morning/Evening Star, Inverse Bullish/Bearish Engulfing (Liquidity Sweeps), and Bearish
I am looking for a scalping EA based on daily VWAP for intraday trading. initiate buy when above VWAP and initiate sell below VWAP. it should have proper risk to reward
I am looking for an experienced MQL5 developer to build a fully automated trading bot (Expert Advisor) for MetaTrader 5 . The bot will focus on trend-following scalping and must be designed to trade XAUUSD and BTC on the M1 timeframe . The objective is to create a stable and efficient EA that can open multiple trades per day while managing risk using proper stop-loss, take-profit, and trailing stop
All orders
Rules
