Simple MT4 EA development

MQL4 Experts

Job finished

Execution time 3 days
Feedback from employee
Great customer , Fast response. So I could perform the job fast and well. Thank you so much for the job. Pleasure to work with.

Specification

Simple MT4 EA development                              
                                     
                                     
Entry condition : As soon as the EA is loaded on to MT4 chart, EA will check how the previous candle is ended up and open the trend-following position.          
              If the previous candle is ended up with UP trend, then the EA will open 1x Buy position.                    
            If the previous candle is ended up with DOWN trend, then the EA will open 1x Sell position.                  
                                     
Counter position entry condition : From the last opened position, if the market turns around and moves backward, counter position order should be opened at a set *pip distance from the last opened position.
                                     
Exit condition : EA should monitor net equity status and as soon as the equity reaches the target amount set by the user, EA will close all open positions.           
                                     
Option filters :                                  
                                     
- Triggering hours should be optional to be set by the user.                          
        Once the trade is triggered, order opening process continues regardless of triggering hours until the exit condition is fulfilled.            
        If the open positions are all cleared by exit condition, and after clearance, if the broker's server time is out of triggering hours, then the EA should stop trading until it enters triggering hours.  
                                     
- Equity target should be set by the user (Profit & Loss management) so that all open positions should be closed immediately.                
        This Equity target for all open order position clearance should be functional around the clock while the market is open.              
                                     
- *Pip distance : By the movement of market price, the trend-following position should be opened at the user-set pip distance from the last opened position.          
         For example, under 10 pip distance setting condition, if the 1st buy order position is opened at 1.1500 (EURUSD) and the market continues to move up to 1.1510,      
         2nd buy order position should be opened at 1.1510. This continues until the market turns around.                  
         In case, the market turns around and comes back to 1.1500 point, 1x sell position should be opened at 1.1500.                
         If the market moves up and down passing this 1.1500 and 1.1510 point, unlimited number of buy and sell order positions should be opened.          
                                     
- Trading lot size / Auto money management / Slippage options should be available.                      
                                     
* Important : No matter where the market direction heads up, above mentioned buy and sell position should be opened unlimited at the set pip distance.          
                                     

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Project information

Budget
30+ USD
VAT (19%): 5.7 USD
Total: 35.7 USD
For the developer
27 USD