Trendline ea

MQL4 Experts

Job finished

Execution time 39 days
Feedback from customer
Very good work and kept me updated with the process. I will definitely work with him again. Worked continuously on my project which others would not take due to its complexity. I thank you very much
Feedback from employee
Great... Like to work with you again.

Specification

REQUIREMENTS ARE BELOW:

for METATRADER 4 

Trend lines:
MN-Red
W1-Orange
D1-Green
H4- Blue

EA must recognize: 
1. The trend lines that I draw 
2. The -27 fibonacci retracement that I draw. 

Entry:
1. Engulfing pattern rejecting the trend line
2. Bullish, bearish, bearish candles /bearish,bullish,bullish candles (3 candle formation)
3. Break of the trend line

Stop loss: 
1.(for entry #1) high/low of the engulfing pattern.
2.(for entry #2) high/low of last 3
3.(for entry #3) high/low of candles that broke the trend line

Take profit: 
1. Nearest trend line of same direction jof position order
2. Higher time frame (color) in direction of open position.(break out)
3. 15 pips below-27 fib

IF FIBONACCI IS DRAWN BY ME, TAKE PROFIT WILL BE 15 pips below THE -27 PROJECTION FROM THE FIBONACCI RETRACEMENT on all positions orders. 


Extra:
1.Exact reason for entry, stop and take included IN POSITION ORDER COMMENT

2.close position when opposite signal is produced on same trend line. 

3. risk management is 0.01/$200 of balance on every trade

4. this automated strategy is to function on the 4-hour time frame  

Responded

1
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Developer 2
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Developer 4
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90
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Project information

Budget
50 USD
For the developer
45 - 45 USD
Deadline
from 1 to 7 day(s)