Renko EA

MQL4 Experts

Specification

Dear developer, 
Kindly I need you to assist me to develop the following strategy
Price could be negotiable.

If there is no opened positions then apply following conditions to open one:

Long: If the last bar of Renko Chart 7min is green and 5 min is green and 3 min is green and 1 min is green then open Long position.

Short: If the last bar of Renko Chart 7min is red and 5 min is red and 3 min is red and 1 min is red then open Short position.

[You could also take the EMA9 for 5min chart as another indicator to determine that the trend is for Long or short if the price is above then it is long if the price is under the price then it is short]

 

If there is already opened a position then check the following:

If the opened position has only either 2 point profit or loss then open another one,

If it has 2 points profit then open another one,

If it has more than 2 loss then do not open.

Responded

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Project information

Budget
20 - 30 USD
For the developer
18 - 27 USD
Deadline
from 1 to 3 day(s)