Freelance service at MQL5.com: Renko Chart with Spat smoot directional filter

Job finished

Execution time 3 days

Feedback from customer

After two years request job for many programmer finally i got the King or programmer. intelligent, fast, good communication, smart, good price and friendly. I recommend his job for everybody !!!

Description

Specification

- The EA have the indicador Spat Smooted as directional filter,

- the moving everage as signal open and close order ,

- Pip Step: increase lote size if lost a last order ,

- News indicator as Date filter to allow the EA trading,

- hour filter to allow the EA start trading certaing time and stop trading certain time,

- stop loss,

- Take profit ,

- Break even ,

- This EA should work on Renko offiline Chart ,

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Trading condition

the Long order are allowed when candle close above of the UP(moving everage, smothed, period 5), also

the order will remain opened while the candle remain above the UP movie everage line,

if the candle close bellow the up line it have to close the order.

- the Short order are allowed when candle close below of the LOW(moving everage, smothed, period 5), also

the order will remain opened while the candle remain below the Low movie everage line,

if the candle close above the Low line it have to close the order.

- Each directional order have to respect your moving average smoted type.

Long trade, respect the UP (moving average smoted,HIGH) line

Short trade, respect the Down (moving average smoted,LOW) line

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Pip Step Explanation:

when EA start trading with 0.01 and step 0.01 if the EA loss a order the next order have to increase the lote size acording the Step that have to be sequencial , if i set 0.01 the next order have to be(0.01, 0.02, 0.03, 0.04, 0.05...etc)

Pip Step modification (money management).

EX:

lote:0.01

pip Step: 0.01

trade 01: 0.01 lote size, lost = -1,00

trade 02: 0.02 lote size,lost = -2,00

trade 03: 0.03 lote size,lost = -3,00

Right now the EA have total of $6,00 of Drawdown

when this first 3 orders closed in loss I have some drawdown that should be acounted, on this case the DD is -$6,00

trade 04: 0.04 lote size, won = $5,00

When the Last order close and the total of the profit dont cover the total of Drawdown it have to trade again with same lote

size of the Last trade

Trade 05 : 0.04 lote size, won = $8,00

as this Last trade $8,00 have enougth profit to cover the $1,00 still was opened in Drawdown the EA now can start trade from the Begin

Trade 06: 0.01 lote size

and from this moment to fowarder the EA will start to do same calcule.

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This EA have better trading condition trading high volatility times and this is too hard to control if the EA work all the time. to solve this detail I think to

Filters some dates and times, using the news event indicator.

- you should set the news event calendar indicator to manage the days the EA is allow to trade, lets inmagine the specific currency pair

EURUSD have during the month have 10 diferent days that have scheduled news on EUR AND USD. so the EA will start to trading few minuts after the news event

so this field I need to manage so i can set how many minutes I want the EA start to trade after the news event, and the EA should stop trading

in the end of the day . so The EA will restart to trading just after the next Event. lets imagine after 4 days later the EA

have a new event and if I set the EA trading after 15 minuts after the event and also the EA will work until the end of the day.

- the time filter is important it have to keep, on this same example the EURUSD have most of the News event on morning of NEW YORK time, so

when the NEW Your session close and start Asia time i can set to EA stop trading.

- the idea is trade the 28 currency pair at same time but, each currency pair just will start to trading few minutes after the

specifics days and time that expect more volatility conditions.

Files:

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Project information

Budget

10 - 40 USD

For the developer

9 - 36 USD

Deadline

from 1 to 3 day(s)

Specification quality
Result check quality
Availability and communication skills