Manual/Automated EA for trading Renko charts

MQL4 Asesores Expertos

Tarea técnica

Hi,

 

I would like to commission an EA as described by the draft attached.

This is only a draft and upon discussion with the developer, some adjustments might be needed.

Also, I would like to have the source code for the EA.

 

 

Thanks.

 

[EDIT]

Sorry, no docx are allowed so I'm adding the description here

 

EA specs - DRAFT

 

General

·        EA should work on Renko.

·        EA should use bricks for calculations, f.e., if SL is 2 bricks, it should close the trade only after the 2nd brick has closed.

·        EA should be able to deduce the brick size on the chart it is on.

·        EA should be able to launch two initial trades, each with its own lotsize settings. One trade should have its own TP.

·        EA should have two operating modes, manual and automated.

·        EA should be able to stack trades in automated mode.

 

Sell Condition - Manual

1.      EA will open two market sell orders, both should have the same SL, one should have TP defined.

 

Close Sell Condition - Manual

1.      EA will close all opened sell trades for the pair it is on using the following logic

a.      If sell trades were opened when closed brick direction was down, close all sell trades when closed brick direction changes to up.

b.      If sell trades were opened when closed brick direction was up and SL is reached, close on SL.

c.      If sell trades were opened when closed brick direction was up, and SL was not hit, close should be as described at section 1.a.

 

Buy Condition - Manual

2.      EA will open two market buy orders, both should have the same SL, one should have TP defined.

 

Close Buy Condition - Manual

2.      EA will close all opened buy trades using the following logic

a.      If buy trades were opened when closed brick direction was up, close all sell trades when closed brick direction changes to down.

b.      If sell trades were opened when closed brick direction was down and SL is reached, close on SL.

c.      If sell trades were opened when closed brick direction was down, and SL was not hit, close should be as described at section 2.a.

 

Automated mode for both Sell and Buy orders

1.      In automated mode, the logic should be the same but with the addition that the EA will open another trade according to the last order direction (buy or sell) after X defined closed bars in profit.

2.      If automated mode is activated and there are already running trades, the EA should refer to the last trade for stacking, i.e, stacking after X bars from the last open trade. If automated mode is activated and there are no trades, EA should wait for the opening logic to kick in or open a trade in the direction of the last closed bar, per user defined settings.

3.      Closing the trades, both initial and stacked, will be according to logic.

 

Chart interface

1.      On the chart the EA is running on there should be four buttons

a.      Buy – will open two market buy trades with the settings defined by the user.

b.      Sell – will open two market sell trades with the settings defined by the user.

c.      Automated – will switch the EA to automated mode as described in the automated sections above. Automated mode should be enabled as long as the button is clicked, once clicked again, automated mode should be switched off. This requires either a change of shape or color for this button.

d.      Close All – close all the trades on this pair that belongs to the EA.

 

EA settings

1.      EA should use the following settings

Name

Default Settings

Description

UserComment

Renko

The Comment the EA should use for every trade

MagicNumber

2121

The magic number the EA should use for every trade

SL

3

SL in closed bricks

Automated

No

If the EA is launched in automated mode or not

StackEvery

2

Add additional trade after that many closed bricks in profit. StackEvery should use FirstTradeLotSize for lot size calculation. This only applies in automated mode

PopulateTrade

No

Should the EA open a trade when activated and there are no open trades or not

FirstTradeLotSize

0.01

First trade’s lot size

FastTradeLotSize

0.01

Fast trade’s lot size

FastTradeTPBars

1

This should be calculated in pips from the brick size. TP should consider the spread and not wait for FastTadeTPBars to close (brick size * FastTradeTPBars – Spread or something like that)

ShowAlert

No

Pop up the alert window with information regarding the last operation, f.e. “EAName opened trades for PAIR”

SendMail

Yes

EA should send an email with a short description of the last operation

 

 

 

 

 

 

 

 

Trade examples

TradeExamples 

Han respondido

1
Desarrollador 1
Evaluación
(589)
Proyectos
921
46%
Arbitraje
31
39% / 29%
Caducado
93
10%
Libre
2
Desarrollador 2
Evaluación
(71)
Proyectos
156
44%
Arbitraje
22
41% / 14%
Caducado
16
10%
Libre
3
Desarrollador 3
Evaluación
(91)
Proyectos
144
38%
Arbitraje
67
15% / 48%
Caducado
55
38%
Libre
Solicitudes similares
Hello Devs! I like to create a new EA based on the below conditions: (Please do not bid if you have no confidence of fulfilling the codes requirements. Thanks!) You can code MT4 or MT5 or both depending on your preference. 1. Different Magic numbers for BUY and SELL 2. Add on time filter for each day individually. Eg: Mon = 00:01-23:59, Tue = 01:00-23:30 etc. (Monday to Sunday) True/false to close all trades at end
Hi, i have a tos script i need converted to Ninja script, but someone who knows both coding. Cant be someone who is just going to paste into chat gpt, it requires more understanding for compatibility
EA Description: Box Identification: The EA allows users to manually mark consolidation zones on the chart with rectangular boxes. These boxes are distinguished by color: red for bearish zones and green for bullish zones. Entry Types: Aggressive Entry (True/False): Users can opt for aggressive entries, initiating trades at a specified percentage of the zone's range. Divergence Entry (True/False): The EA detects
I need an EA which takes confluence of 4 ema on 3 different time frame before taking a trade. Ea should have risk to reward option, option to add xyz pips above stoploss criteria in order to avoid hitting sl due to spreads. Customizable RR to cl9se trade partially when desired RR is reached. Also require source code to get future changes done
I need MT4 and MT5 hedging locker expert advisors that hedge existing trades either with pending or market order hedging trades. With pending hedge trades the entry price may optionally be made to trail the existing open orders. There should be option for a breakeven and trailing of the hedge trade’s stop
Hey Mql Community, Our Company need help creating and design a well automated forex ea for mt4 platform, This EA should based on the logic of an existing EA and the ideas we have in mind as a new features in the EA. Understand that We already have an EA that is working properly, we want to add a few details to it. We don’t have the source code just the ex.4 file, and as an expert specialist in the field we are
I am looking to have a tool developed that can connect and copy trade from Quantower on machine A to Quantower on machine B. I am aware that Quantower has a built in trade copier but I need to get the trades over to a different instance of QT on a separate machine. Is this possible and something you could help with? All orders for entry and exit would be market orders so do not need any targets or stop losses copied
I believe in Robotics as a major artificial intellect to function of growth of business.Therefore if you script there is a likelihood of bringing economies of scale.The retrospective of the dynamics of indulgence of work can be economics of scale
Hi guys, I looking for somebody who could create a EA on grid basis. EA should open on one chart buy and sell trade in same time and opening next trades in grid distance. Also need to have a TP. Grid distance and TP will be same value all time. Trades don't have a SL and system working as a endless loop. So when the trade closed on TP, in same time the EA open a new trade in same direction. Next thing as have to be
Just profitable Ea. 30 - 100 USD
Hello, I am looking for a good scalper that can operate on a single chart with multi-currency pairs, including gold and indices( MT4). It should support all brokers, leverage, and be capable of trading with a small deposit with SL and TP.It's important that the robot does not use risky strategies and, most importantly, is profitable. Thank you

Información sobre el proyecto

Presupuesto
15 - 25 USD
Para el ejecutor
13.5 - 22.5 USD
Plazo límite de ejecución
de 3 a 7 día(s)