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
"Act as an expert MQL5 algorithmic trading developer. I want you to create a profitable and efficient Expert Advisor for MetaTrader 5. Do not write the code yet; read the following trading rules, analyze them, and ask me any clarifying questions if needed. Timeframe: [e.g.15 minutes Chart] Entry Logic: [e.g.MACD + RSI + REVERSAL PRICE ACTION. Enter buy when Macd line crosses above the signal line ,RSI above 30 and
I am looking for an experienced MQL5 developer to build and optimize an Expert Advisor for MT5. Requirements: 1. The EA must be capable of passing prop firm challenges: - Profit target: 8-10% - Max daily drawdown: 4-5% - Max total drawdown: 8-10% - No martingale, no grid - News filter included 2. The EA must manage funded accounts long term with consistent monthly returns. 3. The EA must run on VPS
Inocome and in the time i dont have any thing i play in it making some money because i dont love sit doing nothing personaly and i want to start a busniss but i want money for that and my incom doesnt helps me for that so i want another income
i want a developer to build me a robot according to mt style i want an engine which is going to trade gold with small accounts, i want it to be perfect or any developer who has that existing robot we can negoiate the price
I have a strategy currently running as an MT5 EA and want a faithful port to NinjaTrader 8 (NinjaScript). Same entry/exit logic, same risk model, matching backtest behavior as closely as the platform allows. I'll provide the MT5 source and a written spec of the rules. Please tell me the main differences I should expect between MT5 and NinjaTrader 8 (NinjaScript) for this kind of strategy
Hi, I am looking for an experienced MQL5 developer to modify an existing, fully functional MetaTrader 5 Expert Advisor (Source code .mq5 Version 2.62 will be provided). Brief Overview of the EA: It executes trades based on 4 custom Supply/Demand levels (R1, R2, S1, S2) which are inputted manually . It uses two custom indicators for confirmation: SPA (Price Action filter) and AMG (Volume/Momentum filter). The code
Description: I am looking for an experienced MQL5 developer to build a fully automated Expert Advisor (EA) for MT5 tailored for Prop Firm challenges and funded accounts. I need a robust, plug-and-play solution with rigorous risk controls. Key Requirements: Platform: MT5 Trading Logic: I am looking for a reliable strategy based either on a Breakout Strategy (e.g., London session breakout) or a Mean Reversion Strategy
I need someone to develop a very simple and basic Expert Advisor for MetaTrader 5. The EA should open and close trades based on a custom trading time schedule. I am a student and I do not have a budget, so I am kindly asking if someone can help me for free or as a beginner-friendly project. The EA does not need to be complicated. I only need basic settings for start time, end time, buy/sell option, lot size, stop
I have been tired of losing money in forex for several years, I decided to buy an EA directly from the programmer , I am ready to put the right price for a real winning strategy, no matter which strategy is used. The main thing is that the strategy is profitable Send me a demo, I'll put it on the VPS. The most profitable strategy will be chosen after a week
I really like this platform. I am interested in trading and need funds for it. I enjoy both crypto and forex trading.I"really appreciate this platform. I am keen on trading and am looking for trading funds. I enjoy trading in both cryptocurrency and forex."
Todos los encargos
Reglas
