Session reversal - MUST BE in MQL5 ONLY.
The strategy is to set up a trade at a given start time.
Based on that start time candle closing. The robot will determine the
CurrentTrent and then when the starting candle closes set up a position based
on the trade set up rules.
Trade setup rules:
Short position – set the entry to 15 pips away from the just
closed starting time candle’s Low. Stop set to the candles High plus 3 pips. Target
set to input value of ProfitValue. The profit value must be a minimum of the
risk in pips from the Stop to the entry.
Long position - set the entry to 15 pips away from the just
closed starting time candle’s High. Stop set to the candles Low plus 3 pips.
Target set to input value of ProfitValue. The profit value must be a minimum of
the risk in pips from the Stop to the entry.
Lot size must be set to a percentage of the current account
size in an input percentage. EG 1% of account size.
Must close all trades that are not open at the session end
time. Any open trades left to play out.
EXAMPLE --------------------------------------------------------
EG if the session
start time was 15:00 BST on a 15 minutes chart then the candle would close at
15:15. Using this candle as the way to look left for setting up the trend to
determine the trade position for entry. So if the “CurrentTrend” was set to 9.
This would look to the previous 9 candles to determine if the trend is bearish
or bullish. So 5 or more candles
bearish, 5 or more candle bullish.
If the trend is
bullish, then the trade setup is to reverse therefore setting a SHORT.
If the trend is
Bearish, then the trade setup is to reverse and go LONG.
Indicator to highlight
the candle - For testing use an arrow to highlight each session start time
candle. (red arrow or something)
-------------------------------------------
Inputs:
-
Lot size – set to a percentage of the current
account size, range from 0.5%, 1% 1.5%, 2%, 2.5% up to a maximum of 5%.
-
Session start time: 24 hour time AM/ PM
-
Current trend input – must be an odd number from
3-21
-
Session end time: 24 hour time. Eg AM / PM
-
ProfitValue In Pips: default set to 80 pips.
------------------------------------
Conditions:
-
Maximum of trade of 1 within 23 hours per
currency pair
-
Slippage of 15 pips maximum otherwise do not
take the trade. This covers for any extreme news announcements.
-
Must have comments / notes in the source to help
identify each of the elements lists above.
-
Must have the source files to be able to alter
and re-compile if needed.
Solicitudes similares
VWAP BB Sniper EA Quantum VWAP Scalper SmartFlow FX Bot Institutional Edge EA 🧠 PRODUCT OVERVIEW VWAP + Bollinger Bands Auto Trading System A high-precision forex scalping bot designed to capture institutional price movements using: VWAP (fair value tracking) Bollinger Bands (volatility & entry timing) 👉 Built for fast, consistent intraday profits
hello check on this so basically this is a repair job of a strategy I hired a guy to do that doesn't quite workas I intended it to but is very close. So should be fairly simple to fix . I have enclosed a video file. Its important to understand that the take profit and stop loss were added by the guy who coded it but arent central to the strategy. The main thing is that the system must reference the prior bar and sell
Hello traders, I have Quantum queen v3.52, which is the latest version, available for $500 only. The price on the platform is around $1800, but I am offering it for a much lower price for serious buyers. Details: Product: Quantum queen Version: v3.52 Price: $500 Condition: Serious buyers only
I need a Telegram-to-MT4 automation bot for a funded account. This is NOT a basic trade copier. It must include: • Automatic lot size based on 0.5% risk per trade • Stop loss required (no trade if missing) • Max 5 open trades • Minimum 60 seconds between trades • No weekend trading • Trade blocking if rules are violated • Logging of blocked trades The goal is risk control, not speed. Can you build this?”
Hello, I am looking for access to MT5 trading accounts connected to the market, either demo or live, specifically running a trading robot (Expert Advisor) designed for prop firm trading. Investor (read-only) password access is sufficient, as I only need to log in through MetaTrader 5 to monitor and verify trading performance, including trade history, risk management, drawdown control, and consistency of results over
It must have automated stop loss. Something that can end poverty and kill the market early.It must take the trades for me whenever I start it it must work on tradeport ea
I WANT TO CONVERT MY INDICATOR TO ROBOT, BUT I DONT HAVE THE SOURCE CODE , THE PROGRAMMER WILL DEVELOP THE SOURCE CODE FOR THE JOB. THE STRAGY IS SIMPLE , THE ROBOT WILL EXECUTE A TRADE WHEN THE SIGNAL FROM THE INDICATOR APPEARS. BUY SIGNAL IS WHEN THE ARROW APPEAS ON THE LOWER ZONE ( SUPPORT ZONE) SELL SIGNAL WHEN THE ARROW APPEARS ON THE UPPER ZONE ( RESISTANCE ZONE).THE ROBOT WILL HAVE THE FOLLWING FEATURES (1)
Hi, I am looking to purchase a MT5 Hedging EA that can show consistent profitability with drawdown less than 15%. I am not ready to build a new one from scratch as i do not have the strategy in mind yet so i do not want to take the risk of building one but not sure if it works. Only apply if you have an existing proven and tested Hedging EA that can sell to me together with the source code. Before i make the
Hi, i would like to develop a MT5 Hedging EA. Please watch the below video for example how i want the EA to be. Let me know only if you can develop it within a day. Fast and quick deal
CONVERT MQL4 ROBOT TO MQL5 Solana I have robot SOLANA i want to change my robot for MQL4 ROBOT TO MQL5 AND also change the name of the robot..i need it with the source code
Todos los encargos
Reglas
