FreelanceSections

Envelopes based robot

MQL4 Experts

Job finished

Execution time 1 day
Feedback from employee
Excellent customer! I'm glad to make deal with you!
Feedback from customer
robot delivered without delay. professional and reliable. recommend!

Specification

Robot based on envelopes

I need a robot that open buy trade when following conditions
are met:
1. there is a candle completely (at least one pip) above upper band
2. price move at least one pip above highest candle above upper band


buy trade is closed when:
1. take profit is reached. When take profit is reached we are waiting for sell signal only.
2. there is a complete candle (at least one pip) below lower band. ( stop loss) if stop loss is hit robot will open order in opposite direction
example: if buy trade did't reach take profit and it is closed by stop loss, robot will open sell trade at the same time.


for sell trades the same rule apply

sell trade conditions:

1. there is a candle completely below lower band ( at least one pip)
2. price move at least one pip below lowest candle below lower band


sell trade i closed when:

1. take profit is reached. when take profit is reached for sell trade we are waiting for buy signal only.
2. there is a complete candle( at least one pip) above upper band ( stop loss) if stop loss is hit robot will open order in opposite direction
example: if sell trade didn't reach take profit and it is closed by stop loss, robot will open buy trade at the same time. 


additional option:
1. do not open new trades outside European session hours. Which is from 16.00 to 06.59 London time. the robot will still close trades when take profit or stop loss is hit 
but in case of stop loss no new trade will be opened at the same time
2. I must be able to switch this option on and off   disable/enable.


I attach 4 trades exaples

Files:

PNG
example_buy_trade.png
220.1 Kb
PNG
EXAMPLE_NO_TRADE.png
228.9 Kb
PNG
example_stop_loss.png
216.4 Kb
PNG
sell_trade_example.png
213.7 Kb

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Project information

Budget
50 - 80 USD
For the developer
45 - 72 USD
Deadline
from 3 to 10 day(s)