MT5 EA - New Momo Flags 2020 - un ordine per sviluppare il Robot di trading sul servizio Freelance di MQL5.community - Budget: 80 - 120 USD - MQL5

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Tempo di esecuzione 22 giorni

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All specifications are always clear. Bug reports are informative and very helpful.

Descrizione

Specifiche

INSTRUCTIONS FOR MT5 EA "MOMO FLAG 2020"

Platform: MT5

Account: Live and Demo

Markets/Instruments/Products: All. Please take into an account different decimalizations, contract sizing and product specifications (forex, CFDs, futures, stocks...)

Time frames: All

Brokers: All (futures and fx/cfd and stocks)

Number of trades allowed: EA must be able to run multiple trades at the same time on any chosen time frame. However, it can only run one trade at the same time on the same market. If a second trade would want to be opened on the same market it shall be denied and that action shall not affect a trade that is already opened.

Settings input: whenever I use a sign * below, it means that that setting must have a modifyable input in EA settings. Whatever is written in these instructions are default settings only.

Technical indicators used: all indicators are already built in MT5 by default.

We will use:

• 'Main' EMA: 20*

• 'Trigger' EMA: 8*

• Average true range ATR 20*

• MACD 3-10-16* histogram only

When calculating an EA take 'all indicator values' that we need from the value they show one bar back. That bar is already closed and we know the indicator values for sure.

Please see attached photos for clarification of indicator settings. An MT5 indicator template is also attached for your convenience.

=========================================

A) RULES FOR A LONG TRADE:

"INITIAL LONG CONDITIONS" must happen first (also please see attached pictures):

1. Price makes a highest high in the last 30 bars

2. Price trades at or above (Main EMA20 value + ATR X 2.5*)

3. MACD HISTOGRAM makes highest high in the last 30 bars

All these 3 conditions must be met ALL AT ONCE - at the same bar. We call this "INITIAL LONG CONDITIONS". Otherwise there is no trade upcoming. After a long trade is entered, the "INITIAL LONG CONDITIONS" must happen all over again for a new trade to happen. The process restarts.

ENTERING A LONG TRADE:

After "INITIAL LONG CONDITIONS", price makes a pullback down to a Trigger EMA8 - meaning that the low of a current bar equals or is lower than the 8EMA value from one bar ago. Buy Limit entry order is executed of 2* lots/contracts.

Please see attached pictures for a LONG example also.

EXITING A LONG TRADE:

When a long trade is entered a sell STOP LOSS order is immediately entered 2.5* ATR below the entry price.

An EA shall offer a feature to choose one of two exit options in advance (only one option possible for each trade):

EXIT1 option enabled: Full exit. Close the entire position at once with a pending sell limit exit order at 0.8* ATR of profit available,

EXIT2 option enabled: Partial exit in two halfs. Close half of position at 0.8 ATR* profit with a limit order and trail the other half with a trailing sell stop order. The Trailing sell stop order is continually placed at the lowest low of the last 3* bars. Trailing stop is only triggered after the first half of position is already closed.

In addition to exit1 and exit 2 option I need an extra setting available. And that is a TIME EXIT. Time exit shall have the option to be enabled or disabled. If it is 'disabled' it shall be ignored. If it is 'enabled' it shall work as follows. CLOSE the opened trade if it shows a loss (opened floating loss) after 8* bars (bar after entry bar is a bar number 1 when counting). That's it. Note that the TIME EXIT can be applied to whichever exit is chosen, exit1 or exit2.

=========================================

B) RULES FOR A SHORT TRADE:

"INITIAL SHORT CONDITIONS" must happen first (also please see attached pictures):

1. Price makes a lowest low in the last 30 bars

2. Price trades at or below (Main EMA20 value - ATR X 2.5*)

3. MACD HISTOGRAM makes a lowest low in the last 30 bars

All these 3 conditions must be met ALL AT ONCE - at the same bar. We call this "INITIAL SHORT CONDITIONS". Otherwise there is no trade upcoming. After a short trade is entered, the "INITIAL SHORT CONDITIONS" must happen all over again for a new trade to happen. The process restarts.

ENTERING A SHORT TRADE:

After "INITIAL SHORT CONDITIONS", price makes a pullback up to a Trigger EMA8 - meaning that the high of a current bar equals or is higher than the 8EMA value from one bar ago. Sell Limit entry order is executed of 2* lots/contracts.

Please see attached pictures for a SHORT example also.

EXITING A SHORT TRADE:

When a short trade is entered a buy STOP LOSS order is immediately entered 2.5* ATR above the entry price.

Then, an EA shall offer a feature to choose one of two exit options in advance (only one option possible for each trade):

EXIT1 option enabled: Full exit. Close the entire position at once with a pending buy limit exit order at 0.8* ATR of profit available,

EXIT2 option enabled: Partial exit in two halfs. Close half of position at 0.8 ATR* profit with a limit order and trail the other half with a trailing buy stop order. The Trailing buy stop order is continually placed at the highest high of the last 3* bars. Trailing stop is only triggered after the first half of position is already closed.

----------------------------------------------------

OTHER IMPORTANT NOTES:

EA should allow the possibility for a trade to be exited manually if chosen.

All trades must be visually displayed on a chart by entry and exit points.

Each order (entry or exit) that is executed live shall have a "sound event" connected to it so that I can hear order executed (wav files chosen by me manualy that are already built in MT5 if you go Tools/Options/Events).

If the "market is closed" EA shall continue executing as soon as the market is opened according to instructions above or at the best available price.

EA must be simply coded and be able to be backtested in MT5 Strategy tester without MT5 software freezing up even if tested on a 1 min time frame for the past 10 years of market data.

I need a clean, simple and robust code that will work with no bugs. Please test it before sending me to test it.

If MT5 platform has an upgrade, I would ask you to upgrade the EA free of charge after it, so that I can keep using it.

I would like to work with someone that I can reach on a consistent basis. I often have some projects to work on.

If you are a reliable programmer that I can count on, please send me an offer.

Any questions, please let me know. Thank you.

Files:

File:

JPG

TRIGGER_EMA8.jpg

42.5 Kb

JPG

MAIN_EMA20.jpg

42.9 Kb

JPG

MACD.jpg

46.6 Kb

JPG

ATR20.jpg

36.1 Kb

JPG

Indicator_looks.jpg

397.6 Kb

TPL

MOMO_EA_dec19.tpl

25.6 Kb

JPG

LONG_example.jpg

453.7 Kb

JPG

SHORT_example.jpg

422.9 Kb

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Informazioni sul progetto

Budget

80 - 120 USD

IVA (22%): 17.6 - 26.4 USD

Totale: 97.6 - 146.4 USD

Per lo sviluppatore

72 - 108 USD

Scadenze

da 2 a 4 giorno(i)

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