Job finished
Execution time 3 days
Specification
This EA is for MT4 and should be provided in an MQ4 file.
Summary:
EA alternates buy and sell positions at START of HOURLY candle and holds trade until TP, SL, OR Expiration. If TP or SL are not reached in the expireation time specified, trade is closed and process starts over.
Example:
Parameters - All adjustable on "inputs" tab.
1. Take profit (TP)
2. Stop loss (SL)
3. Expiration (Time in hours)
EA is set with the following parameters:
TP = 10
SL = 40
Expiration = 12
2. EA is added to USD/JPY chart in MT4 and opens a BUY position at 113.110
3. Scenarios
Price moves up to 113.210. TP is hit and EA waits for next hourly candle to open a sell position.
OR
Price moves down to 112.710. SL is hit and EA waits for next hourly candle to open sell poisition.
OR
12 hours pass and neither TP or SL is hit. EA closes position and starts over with new sell position.
Responded
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Project information
Budget
40+ USD
For the developer
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USD
Deadline
to 5 day(s)