Range BX EA

MQL4 Experts

Job finished

Execution time 11 days
Feedback from customer
Fast and patient programmer. He is willing to help out even when the job is completed. Great job!
Feedback from employee
Very nice and patient customer.

Specification

This should be a simple EA that works with offline chart (e.g. Range bar chart). I will send more information out regarding Box information once the developer is selected. No urgency on this, you can take up to 3 weeks to do it. Thanks for bidding guys!

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Definition of Green bar: Close price is more or equal to open price

Definition of Red bar: Close price is less or equal to open price

 

User input Trade = Long or Short

User input ActiveTime = Yes/No

User input Time = X to Y

User input MaxTrade = #

 

BuyStopLevel = 1000

SellStopLevel = -1000

 

Section 1. Setup trade once direction of trade is decided

 

If Trade = Long && current and previous bar is green && BuyStopLevel > 1.2 Box Above level && no active trade

BuyStopLevel = 1.2 Box Above Level, BuyStopLoss = 1.2 Box Below Level, Buy_TP = BuyStopLevel + 0.6 Box Height

Buy stop @ BuyStopLevel with SL = BuyStopLoss, Buy_TP

 

If Trade = Short && current and previous bar is red && SellStopLevel < 1.2 Box Above level && no active trade

SellStopLevel = 1.2 Box Below Level, SellStopLoss = 1.2 Box Above Level, Sell_TP = SellStopLevel - 0.6 Box

Sell stop @ SellStopLevel with SL = SellStopLoss, Sell_TP

 

When trade is closed, set Trade = Wait

Let the trade complete before proceeding to B.

 

Section 2. Set Direction of trade based on previous trade

If (previous trade is long and hit TP) or (previous trade is short and hit SL)

NextTrade = Long, ActivateBuyLevel = 10000

 

If (previous trade is short and hit TP) or (previous trade is long and hit SL)

NextTrade = Short, ActivateSellLevel = -10000

 

Section 3. Activate trade based on set direction

If current and previous bar is red && NextTrade = Long && ActivateBuyLevel > 1.2 Box below level

ActivateBuyLevel = 1.2 Box below level

 

If current and previous bar is green && NextTrade = Short && ActivateSellLevel > 1.2 Box below level

ActivateSellLevel = 1.2 Box below level

 

If price < ActivateBuyLevel && NextTrade = Long && ActiveBuyLevel is not 10000

Then Trade = Long

 

If price > ActivateSellLevel && NextTrade = Short && ActiveSellLevel is not -10000

Then Trade = Short

 

If Trade = Long or Short

Go back to Section 1

 

Section 4. Money management = Martingale with max trade

Responded

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Project information

Budget
10 - 30 USD
For the developer
9 - 27 USD
Deadline
from 1 to 2 day(s)