Trend Trading

MQL5 Asesores Expertos

Trabajo finalizado

Plazo de ejecución 17 días
Comentario del Cliente
Very highly recommended developer..
Comentario del Ejecutor
Excellent customer. Always a pleasant experience to work with him.

Tarea técnica



 
Volume:

There should be two option:

1)       Trade based on % of outstanding balance.  If given Zero, then it is not used.
2)       Trade based on $ of given.

 

Trade Execution: use Trigger time frame. 

Trigger Time-frame Input: 

When EA is toggled between Timeframe , No Impact is expected. Ea should read time from above input 

Parameter: Maximum Number of Trades per Trend . 


Trade rules are checked only when new low /high is formed OR Candle Crossing Previous Zig Zag Low/High. NOT for every Candle. 

Buy:  
Rule 1: When new Trend Decider is buy- Last closed candle.
Rule 2: Buy Trade Risk ie Trade point to Zig Zag low  at time of trade is less than <Trade Risk ATR>*ATR value.   <Trade Risk ATR> is input and default is 2*ATR.
Rule 3: Last closed candle is Buy Price action candle ie closed above Previous Day high      



Sell: 
Rule 1: When new Trend Decider is Sell Last closed candle.
Rule 2: Sell trade Risk ie Trade point to Zig Zag high at time of trade is less than <Trade Risk ATR>*ATR value  .   <Trade Risk ATR> is input and default is 2*ATR.

Rule 3: Last closed candle is SELL Price action candle ie closed above Previous Day low 



Intra-day Closure: (Trailing stoploss and should be checked ever tick, when price point is hit, trade is closed. )


Buy:
Zig Zag low - (n*ATR) --> This formula will be recalculated when new zigzag low is formed.  

Sell: 
Zig Zag high + (n*ATR)--> This formula will be recalculated when new zigzag high is formed.  

 

Trade closure:

Profit booking factor: 

Trade is done with 
Trend Decider trade with Condition 1 True : Profit booking factor = <condtion 1 factor> *ATR : <condtion 1 factor> is input and default is 1
Trend Decider trade with Condition 2 True :  Profit booking factor = <condtion 2 factor> *ATR : <condtion 2 factor> is input and default is 2

 

Buy:  

 Higher High or Same High Exception is formed
Or
When a candle is below Zig Zag low 
Or 
Price hit =[Trade execution price + (Profit booking factor* Risk )]

 

Sell:  

 Lower Lower or Same Low Exception is formed
Or
When a candle is below Zig Zag high
 
Or 
Price hit = [Trade price - (Profit booking factor* Risk)]

 

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