Scalping Strategy in M5

MQL4 Experts

Job finished

Execution time 4 days
Feedback from employee
clear requests, without wasting time. thank you.
Feedback from customer
excellent developer, patient and applicate.

Specification

Scalping strategy in M5:


Averages> know and trade trends or ranges

All the required indicators:

moving averages 8, 13, 21, 100 (indentify trend or range)

Bollinger Bands (default metatrader)

RSI (14)

candle identifier to download in the attached files


note : the candle identifier identifies Japanese candlestick figures such as hammers, haramis, shooting stars etc ... 

Sales or purchase signals are indicated by the colored arrows pointing up or down.


This strategy is confronted with 4 cases:


1 : Moving Averages: Uptrend

Candle figures: bullish
Bollinger Bands: Curve Below the Bollinger Band

RSI: oversold (70%)

BUY


2 : Moving Averages: Downtrend

Figure candle: bearish
Bollinger Bands: Curve Above Bollinger Band

RSI: overbought (70%)

SALE


Moving Averages: No Trend



3 : Case 1: price above the Bollinger Band

Figure candle: bearish
RSI: overbought (70%)

SALE


4 : Case 2: price below the Bollinger Band

Figure candle: bullish
RSI: oversold (70%)

BUY


Money management:

- Stop Loss: 6 points

- Take Profit: the middle of the bollinger band


Requirements :

To be able to modify in "properties of the expert" :


- To be able to modify the Take Profit, the Stop Loss and the size of the lot

-Moving average's period

-Able and enable all moving averages

-Able and enable all indicators

-RSI's period


Difficulty:

determine trends or ranges from moving averages, from the code.


Thank you, contact me: benj.ea.developer@gmail.com


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Project information

Budget
40+ USD
VAT (20%): 8 USD
Total: 48 USD
For the developer
36 USD