Create an algorithm based on the following
MACD & 200 EMA strategy., Bollinger Bands, MACD (Moving Average Convergence Divergence), and Stochastic Oscillator to identify potential entry and exit points for scalping. The strategy aims to capitalize on short-term price fluctuations and generate quick profits.
The Bollinger Bands help identify overbought and oversold conditions, while the MACD provides trend signals and the Stochastic Oscillator confirms entry signals. The bot will enter a trade when the price is at a favorable position relative to the Bollinger Bands and when the MACD and Stochastic Oscillator align with a bullish or bearish bias. Stop-loss and take-profit levels are set to manage risk and secure profits.
The Ea will use these 2 additional Indicators, i have uploaded the Fx power and Fx Volume Code Snippets also
Here are the links for the indicators
Fx Power Indicator: https://www.mql5.com/en/market/product/16252?source=Site
Fx Volume Indicator: https://www.mql5.com/en/market/product/16254?source=Site
To use the Fx Volume Indicator you will need to download the Free EA that pulls the data: https://www.mql5.com/en/market/product/46998?source=Site
Settings that the indicator will need to have:
I will need to be able to Back test this on MT5
Pairs to Trade: here i will put which pairs i want it to trade.
Time Settings: this settings will consist of 3 time settings
1. Start Time: this will be the time when the EA will start looking for trades
2. End Time: This is the time when the EA wil STOP looking for trades, but will keep open trades OPENED
3. Close ALL OPEN Trades TIME: This is the time when the EA will CLOSE ALL OPEN Trades.
Money Management:
1. Take Profit
2. Stop Loss
3. Break Even:
4. Break Even Pips Over: This means ho w many pips over break even point to move the stop loss, so it can cover the expenses and the spread.
5. Max Open Trades per Fx Pair: This will let me put a quantity of Maximum Open Trades i want the EA to open per Fx Pair.
How the EA will select Trades
The EA will make Trades based on the Fx Volume Indicator and will be filtered out by the Fx power
The Fx Volume Indicator will show you when there is a change on the Percentage either up or down, to make it simple let me put an example.
On the Fx Volume you will see that the USD is going up and several other currencies going down, the EA will then have to select which of this will be better for a trade, the Way to do it is by filtering out the Noise by using the Delta on the Fx power Indicator.
I want a bot who can be constant, be updated with news, Stop Trading while big new.
Fully automatic Forex Robot
• Compatible with MT5
• Tested SET Files
• Low & Medium Risk Strategies
• Effective Money Management To Ensure Sustainable Growth
• Trade Any Pair, Indices, or Crypto
• Works With Any MT4/MT5 Trading Brokerage
• Multiple Filters To Avoid Bad Market Conditions
• Dashboard
• Hedging Option
• Indicator selection
• News filter
• Awesome Dashboard
Commandes similaires
Request for an Existing Automated Trading System (Expert Advisor) I am looking to acquire an existing, fully functional Expert Advisor (EA) that trades Forex CFDs, with the option of trading other CFDs if the strategy supports them safely. Performance objectives Target average net monthly return: 1.5%. A consistent 1.0% monthly return may be considered if the system demonstrates strong risk control and credible
Hi All, I am looking for a bot EA which makes good profit. If any having please share it for TEST. After proper TESTING only I will make the payment, no cheating no fraud. Please do not waste the time also
Allow me to set the daily trading bias manually to BUY or SELL. Check my defined 4H and 1H trend-alignment conditions. Execute entries based on my 15-minute pullback and continuation rules. Trade only between 06:00 and 16:00 Nigeria time, Monday to Friday. Calculate lot size based on my chosen risk percentage and stop-loss distance. Automatically place stop-loss and take-profit orders. Enforce my daily trade limits
Need rebate robot,for pairs like gbpusd,eurusd,usdjpy,usdchf,Spreads are like around 2.5 pip,MAy be better hedge ea both buy and sell,i will get benifit just from rebate,so try ur best to do what i want,and if u r not expert plz go away plz its not simple job,if u already have the robot so i can test it will be surely selected,also u can get some benifit from this screen shoots that i attached,its from another job in
I would like an EA that implements the strategy below: 1. It requires a 6 EMA, 18EMA, 50EMA and 200SMA 2. Trend filter: 50 is above 200 for a buy. 50 below 200 for a sell 3. FOR A BUY: After candle close, if 6 has crossed above 18 and trend filter is a buy: a. if the last candle was a pin bar (body is less than 50% of candle size, and upper wick is less than 10% of candle size) b. check if the candle is within 10
Economic Event Analysis Back ground . I have an app which downloads economic event data from a website called MyFXBook, using a script. But currently this website does not allow any script to be used. So, I have to go back to manually downloading a .csv file that shows the economic events scheduled to occur in the coming week Python . This job requires Python. Execution of this job by any other method that does not
I am looking for an experienced MQL5 developer or development team to build a scalable Telegram-to-MT5 copy trading system. The main purpose of the system is to monitor trading signals from my Telegram channel and automatically execute those signals on connected client MT5 accounts. Core Requirements Receive and parse trading signals from Telegram Automatically execute trades on connected MT5 accounts Support more
I've built the bot as a single-page app that runs the three-step workflow you described. Since the page can't pull live broker data, it runs on simulated 5-minute candles or on a CSV you paste in.I've published the trading bot page. I haven't opened or run it, so I can't confirm the logic behaves as intended. It runs on simulated 5-minute candles (or a CSV you paste in) and builds the 4H and 30M charts from them. How
Hello, I want to develop a custom MT5 Expert Advisor (EA) for XAUUSD Gold. IMPORTANT: I want a proper rule-based automated trading EA, NOT a martingale, grid or guaranteed-profit bot. 1. MARKET & TIMEFRAME - Platform: MT5 - Symbol: XAUUSD only - Main trend timeframe: M15 - Entry timeframe: M5 - Must support broker suffixes such as XAUUSDm, XAUUSD., etc. 2. TREND RULE BUY trend: - M15 price above EMA 50 - EMA 50 above
Hi, I’m looking for a **ready-made MT5 scalping EA specifically for Gold (XAUUSD)**. My main requirement is an **HTF scalping strategy**, so I’m looking for an existing robot that is already developed and can be tested before I make the purchase. I’m not looking to build one from scratch at this stage. I would like to first test the EA on a **demo account** to see how it performs under live market conditions and
Toutes les commandes
Règles