Simple EA to trade Open Range Breakout strategy based on first 5 min candle of Nasdaq 100.

MQL4 Asesores Expertos

Trabajo finalizado

Plazo de ejecución 12 días
Comentario del Cliente
Very hard working and quick to implement changes. Was a pleasure to work with Ahmed, will definitely be using him in the future!
Comentario del Ejecutor
He is one of best guy I ever seen. thank you my friend

Tarea técnica

Should be easy enough to code for a MQL4 developer.


Strategy is as follows: 

  1. Check the first 5 minute open candle of cash session i.e. 9:30am NY time/ 2.30pm UK time, and buy at market if first candle is green or sell at market if red at the start of the 2nd 5min candle i.e. 9.35am NY time/ 2.35pm UK time. No trade to be taken if the first candle is a Doji i.e. open price = close price for the candle. Position sizing should be configurable such that you can either risk defined size or risk a percent of the account. Default should be risking 1% of account each trade and working backwards to determine position size. The risked amount whether in money value, lot size or % of account should be configurable. The first candle time for the Long/Short assesment should be adjustable i.e. first 5 (default), 10 or 15mins etc. 
     
  2. The stop loss should be 5% of the 14-day ATR of the instrument (ideally the cash session if possible but whole session is also ok). This 5% number needs to be adjustable. 

  3. Otherwise the trade should stay open until the close of the cash session where any positions are closed at the close auction uncross time 4pm NY time/ 9pm UK time. There should be an option to use a trailing stop once a trade is in profit by a certain number of points.

Notes:

  • I will be trading this through IG UK so be careful to watch out for session times UK vs US (taking into account daylight savings times etc as the year goes on). 
  • The Index trades like futures on IG UK as NAS100 in GBP whch has the following spec:
     

Han respondido

1
Desarrollador 1
Evaluación
(42)
Proyectos
60
53%
Arbitraje
3
0% / 0%
Caducado
1
2%
Libre
2
Desarrollador 2
Evaluación
(463)
Proyectos
524
33%
Arbitraje
28
39% / 43%
Caducado
7
1%
Ocupado
3
Desarrollador 3
Evaluación
(63)
Proyectos
101
31%
Arbitraje
1
100% / 0%
Caducado
2
2%
Libre
4
Desarrollador 4
Evaluación
(119)
Proyectos
169
38%
Arbitraje
9
78% / 22%
Caducado
15
9%
Libre
5
Desarrollador 5
Evaluación
(9)
Proyectos
21
5%
Arbitraje
1
0% / 0%
Caducado
7
33%
Libre
6
Desarrollador 6
Evaluación
(225)
Proyectos
284
42%
Arbitraje
15
13% / 47%
Caducado
67
24%
Libre
7
Desarrollador 7
Evaluación
(42)
Proyectos
88
14%
Arbitraje
30
30% / 53%
Caducado
36
41%
Trabaja
8
Desarrollador 8
Evaluación
(2428)
Proyectos
3057
66%
Arbitraje
77
48% / 14%
Caducado
340
11%
Trabaja
9
Desarrollador 9
Evaluación
(124)
Proyectos
158
42%
Arbitraje
20
60% / 20%
Caducado
8
5%
Trabaja
10
Desarrollador 10
Evaluación
(478)
Proyectos
507
53%
Arbitraje
10
60% / 20%
Caducado
3
1%
Trabaja
11
Desarrollador 11
Evaluación
(71)
Proyectos
80
10%
Arbitraje
35
9% / 54%
Caducado
6
8%
Trabaja
Solicitudes similares
Creating of an expert advisor or trading bot that uses a Top Down analysis (using monthly, weekly, daily, hourly, minutes ( 30, 15, 5, 1) to determine trade direction or trend direction and makes multiple trade decisions for mt4. You can use or combine accurate trend indicators
Hello The EA will work on particular zone choose by the user and can mark it on any TF and with some rules can open trades and mange the trade by some unique rules. the EA need to check the difference by RSI as well and with some extra rules . developer should have good attitude and good communication (englsih) with high performence and knowledge with coding EA
I am looking forward to automate my trading strategy where I use renko bars on Tradingview. I really want to use unirenkos too, but unfortunately I couldn't figure out how to use ninjatrader on my MacBook and Tradingview does not offer unirenkos. As far as I see from your offered services you are very familiar with ninjatrader. I wanted to ask you if you could code me an Indicator for unirenkos for Tradingview so I
I am looking forward to automate my trading strategy where I use renko bars on Tradingview. I really want to use unirenkos too, but unfortunately I couldn't figure out how to use ninjatrader on my MacBook and Tradingview does not offer unirenkos. As far as I see from your offered services you are very familiar with ninjatrader. I wanted to ask you if you could code me an Indicator for unirenkos for Tradingview so I
Hello The EA will work on particular zone choose by the user and can mark it on any TF and with some rules can open trades and mange the trade by some unique rules. the EA need to check the difference by RSI as well and with some extra rules . developer should have good attitude and good communication (englsih) with high performence and knowledge with coding EA
Hello, I want to create an EA that can be able to take and optimise trade bids using the trend tracker concept I have developed. The tracker will monitor 2 lines to determine the trend of the market and afterwards take bids towards the correct direction. It will also be able to use a distance between the bids for the direction of the trend and plan a reverse bid when the price of the extreme doesn’t change again. The
Gradient boosting and L2 100 - 200 USD
I am looking for a well experienced programmer to put/implement a gradient boosting algorithm and an L2 to reduce overfitting in my ea which l already have which uses indicators . If you are experienced please adhere
Hello, I'm looking for a developer for repair calendar in EA MT4/MT5 (News Filter - https://ec.forexprostools.com ) for all windows servers. Note: EA MT4/MT5 works with calendar on PC Win 10, 11 but not on all windows servers. I have the source code and will post within the comments section for review. If you are able to do this and quality. Please apply. Thanks
Create mt4 ea 50+ USD
To convert the provided MT4 indicator script into an Expert Advisor (EA) and implement prompt functionality for user input, we need to modify the code to handle external parameters and provide a user-friendly interface. Below is the EA code that incorporates prompts for user inputs
SCALP MARTINCALE SPY TIMEFRAME 1MIN CANDLE - SHORT SIDE ONLY 1-SET RISK : A IS A VARIABLE (HOW MUCH $) 2-SET ATR(3) : SET THE TIME AT WHICH THE ATR SHOULD BE TAKEN, IF SET 933AM THEN THE ATR OF THE 1MIN CANDLE AT 933AM CANDLE WILL BE USED (ROUND AT 0.25 UP OR DOWN) *USE NEW YORK TIME 3-SET MAX NUMBER OF ENTRY : B IS A VARIABLE 4-SET RSI(14) / C IS A VARIABLE, IF RSI(14) > C = ORDERS OPEN 5-IF RSI(14) > C IS TRIGGERED

Información sobre el proyecto

Presupuesto
100 - 200 USD
Para el ejecutor
90 - 180 USD