Developing martingale system based on daily pivot point and S&R levels

MQL4 Esperti

Lavoro terminato

Tempo di esecuzione 4 giorni
Feedback del cliente
Nabel is a very fast response, efficient and professional coder. I must admit he did a very excellent job in fulfilling my request even though i certain stage I requested a few adjustment.
Feedback del dipendente
Excellent Client ,happy to work with him

Specifiche

Hello there,

I have an indicator that automatically draw daily pivotal point together with it support resistance based on previous trading day.

I have a very successful track record in using this trading system, thus look forward to automated the system.

 Here's how it works.

PV = Pivotal Point

S= Support            R = Resistance

MS = Mid Support   MR = Mid Resistance

 1) Daily after new daily candle, a new pivotal point will be draw by the indicators

2) The lines include from pivot lines, support and resistance, mid support and mid resistance. 

3) The level of S, R, MS & MR are up to 5 level.

4) Entry will be 'BUY LIMIT' and 'SELL LIMIT' only 

5) No SL, drawdown may be high. But this trading system yield a high return. 

6) Sell Limit Trigger : MR1, R1, MR2, R2, MR3, R3, MR4, R4, MR5, R5 (arrange accordingly) 

    Buy Limit Trigger : MS1, S1, SR2, S2, SR3, S3, SR4, S4, SR5, S5 (arrange accordingly) 

 

 Eg:

* Sell Limit Trigger @ MR1, take profit will be at PV

*Sell Limit Trigger @ R2, take profit will be at MR2 (mid res 2)

* Sell Limit trigger @ MR4, take profit will be at R3

 * Buy Limit Trigger @ MS1, take profit will be at PV

*Buy Limit Trigger @ S2, take profit will be at SR2 (mid res 2)

* Buy Limit trigger @ SR4, take profit will be at S3

 

 6) Please put lot can be adjusted individually in each draw lines.

 

Thus each day new line will be drawn.  

 

For further clarification of indicators, please accept job first. 

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