A complex EA with 2 indicators, fib and price action ( Levels)

MQL5 Experts

Tâche terminée

Temps d'exécution 51 jours

Spécifications

Hello, I want to have an EA that uses the following tools:

1. Swing highs and swing lows. 

2. My Order Blocks.

3. Simple super trend Indicator.

4. PTL indicator. (Only show the dots)

5. Fibonacci. 

6. 2 Time frames- Entry Time frame and Re-entry time frame.

How it works. 

The EA should identify:

- The last candle of the opposite side before a break of structure.- Order block type 1 (This should be done on the entry Time frame)

- The last candle of the opposite side, before an impulsive move. An impulsive move is when there are two or more candles of the same direction. - Order block type 2.

(This should be done on the entry Time frame)

- Only show support levels on a buy trend and only resistance levels on a sell trend. 

(This should be done on the Entry Time frame)

Buy Entry Condition

  • The market has to break (a candle body must close above) the most recent resistance level or the last sell order block. 
  • If the market breaks a resistance level  and the candle touches the last sell order block, then wait for the price to go above the order block, but if the price breaks above the last resistance level and  then candle doesn't touch the order block, then we consider this as one of the signals of the change of direction.
  • The Super Trend has to change color from red to green and a healthy candle (Meaning with a bigger body than wicks) must close. 
  • When the two conditions align, enter a buy. 
  • Stop loss should be 40 pips for currencies  and 100 pips for indices and commodities below the buy order block. (If the order block is near the support level on the first entry, use this level for stop loss.) 
  • Trail using order blocks and zones 40 pips for currencies and 100 pips for indices and commodities. 
  • Exit when the stop loss or trailing SL is hit, or an opposite side signal appears. 

On a buy trend, the EA should go marking only the support levels and buy order blocks. 

Sell Entry Conditions

  • The market has to break (a candle body must close above) the most recent support levels or the last buy order block. 
  • If the market breaks a support level and the candle touches the last buy order block, then wait for the price to break below the order block, but if the price breaks below the last support levels and  then candle doesn't touch the order block, then we consider this as one of the signals of the change of direction.
  • The Super Trend has to change color from green to red and a healthy candle (Meaning with a bigger body than wicks) must close. 
  • When the two conditions align, enter a sell. 
  • Stop loss should be 40 pips for currencies and 100 pips for indices and commodities above the sell order block. (If the order block is near the support level, use this level for stop loss.) 
  • Trail using order blocks and supports 40 pips for currencies and 100 pips for indices 
  • Exit when the stop loss or trailing SL is hit, or an opposite side signal appears.

On a sell trend, the EA should go marking only the resistance levels and sell order blocks.

Buy Re- entry conditions

  • During a buy trend, the EA should draw only buy order blocks on the entry time frame. 
  • The EA should then move to the RE-Entry time frame to wait for market to retest the Order block, and wait for a blue ptl dot and a candle to close.
  • When the above conditions are met, the EA should take a buy positions, and use the stop loss rules given above on the entry time frame
  • Stop loss should be 40 pips for currencies and 100 pips for indices below the buy order block. (If the order block is near the support level, use this level for stop loss.) 
  • Trail using order blocks and support levels 40 pips for currencies and 100 pips for indices . 
  • Exit when the stop loss is hit, if there is a break of Structure or break of an order block, or an opposite side signal appears.
  • After the re-entry, the EA should draw a Fibonacci with levels 0,100,-68 and -27.
  • The TP on this position should be on -68.

Sell Re- entry conditions

  • During a sell trend, the EA should drawn only sell order blocks on the entry time frame. 
  • The EA should then move to the RE-Entry time frame to wait for market to retest the Order block, and wait for a red ptl dot and a candle to close.
  • When the above conditions are met, the EA should take a sell positions, and use the stop loss rules given above on the entry time frame
  • Stop loss should be 40 pips for currencies and 100 pips for indices above the sell order block. (If the order block is near the resistance level, use this level for stop loss.) 
  • Trail using order blocks and levels 40 pips for currencies and 100 pips for indices . 
  • Exit when the stop loss is hit, if there is a break of Structure or break of an order block, or an opposite side signal appears.
  • After the re-entry, the EA should draw a Fibonacci with levels 0,100,-68 and -27.
  • The TP on this position should be on -68.


   



Fibonacci 

    


Others

  • Put restrictions on the EA where it is specified to a specific client.
  • Set flexible figure for risk percentage. 
  • Make it flexible where I can choose the entry time frame, and re-entry time frame.
  • When drawing order blocks, if when you draw the order blocks there are wicks in the next candle that are not covered, cover them. 
  • During a buy trend, only show the buy order blocks and support levels.
  • During a sell trend, only show the sell order blocks and resistance levels.
  • If two order blocks touch each other, just combine it to make it one. 
  • If the levels and the order block touch , combine them to make it one.




































Dossiers :

TPL
STP_21i.tpl
6.4 Kb

Répondu

1
Développeur 1
Évaluation
(12)
Projets
19
26%
Arbitrage
4
25% / 25%
En retard
1
5%
Gratuit
2
Développeur 2
Évaluation
(12)
Projets
15
40%
Arbitrage
2
50% / 50%
En retard
0
Travail
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Informations sur le projet

Budget
30 - 100 USD
Pour le développeur
27 - 90 USD
Délais
à 5 jour(s)