Job finished
Execution time 6 days
Feedback from customer
Hi I need an Expert Advisor to be programmed based on a free trading system that is being discussed on Forex Factory.
The logic of the system means trading trendline breaks in the direction of the trend and momentum.
Therefore, increasing the probability of the trendline break setup.
The url to the discussion is at http://www.forexfactory.com/showthread.php?t=577639
Timeframe
M5 or M15
Buy Rules
1. Daily candle is Green
2. RSI Filter is Blue
3. MFI Meter is Green
4. Uptrend (7 EMA is above 20 EMA)
5. Price pullback inside 7 and 20 EMA
6. Draw TrendLine from highest swing
7. Wait for price to break above trendline and bar is closed
8. Set your targets
Sell Rules
1. Daily candle is Red
2. RSI Filter is Pink
3. MFI Meter is Red
4. Downtrend(7 EMA is below 20 EMA)
5. Price pullback inside 7 and 20 EMA
6. Draw TrendLine from lowest swing
7. Wait for price to break below trendline and bar is closed
8. Set your targets
Extern Parameters
1. Trading Hours (GMT)
2. EMA Periods ( for the 7 EMA and 20 EMA)
3. Lot Size
4. Take Profit (pips)
5. Stop Loss (pips)
6. Trailing Stop Loss (pips) (If set to 0, means use the "Stop Loss" in S/no. 5)
Note: This EA must be able to work with any currency pair i.e. it needs to work with or without fractional pip price quotes.
Responded
Arbitration
113
45%
/
26%
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