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EA based on 5 mintues timeframe

MQL4 Experts

Job finished

Execution time 4 days
Feedback from customer
Did a good job. Highly recommended!

Specification

Hi,

1) I want to run the EA in MT4 (build 600 and above) on any chart I drop the EA on.

I want the EA to place  a buy trade on 5 minutes time frame after 3 consecutive candles that have gains. (all 3 candles show gain)

On close of 3rd such candle a trade is placed by EA.

I want the EA to place a sell trade on 5 minutes time frame after 3 consecutive  candles that have losses. (all 3 candles show losses)

On close of 3rd such candle a trade is placed by EA.

The EA must not do anything with existing trades in the account - it must only work on trades placed by it.

The EA must continue working 24/7 unless its stopped manually.

2) EA should have following inputs i.e. parameters

a) Slippage: (default value 3) - user should be able to change it and the EA must work accordingly.

b) Magic_Number: <use a 6 digit number here>

c) Max_concurrent_orders: (default:1) - no new orders to be placed till current order gets closed by current price reaching TP or SL.

Explanation: eg: if buy order is placed and its open then a new buy/sell order will not be placed even if 3 consecutive gain/loss candles are formed.

Similarly, if sell order is placed and its open then a new buy/sell order will not be placed even if 3 consecutive gain/loss candles are formed.

(I want only 1 order to be placed at a time - whether its a buy order or a sell order - never both)

d) Volume: Amount of forex to buy/sell in each trade (user should be able to change it from input section of EA)

e) Stop Loss - default value is 50 points above/below 1st candle out of 3 successive gains/losses. User should be able to change it from input section of EA and the EA must work accordingly.

f) Take Profit - default value is 100 points above/below 1st candle out of 3 successive gains/losses. User should be able to change it from input section of EA and the EA must work accordingly.

Thanks.

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Project information

Budget
50 - 75 USD
For the developer
45 - 67.5 USD
Deadline
from 1 to 3 day(s)