指定

Hi I am looking for a developer to work with me to create an Opening Range breakout system EA. 

I am looking for a long term relationship to continually work on this EA and the development of future EAs and indicators.


Opening Range EA

 

Variables (user configurations)

 

-        Opening Time (When the opening range begins calculating, 7:00, 8:30 etc)

-        Opening Range Duration (ie. 1min,5min.15min,30min 60min)

-        Trade Lot size (% of account balance or a fixed lot size)

-        Closing candle (variable timeframe i.e. 1min,5min,15min)

-        Order Type (Market order or pending limit order on breakout of closing candle)

-        Spread size (if spread size is bigger than input, this will disable new order entry)

-        Moving Stop loss to Breakeven (move stop loss to breakeven once Target1, Target2 or Target3 has been reached)

-        Maximum Daily Trades (maximum trades allowed to be taken per day per symbol)

-        Start Trading Hours (start time for the EA to begin initiating trades)

-        Stop Trading Hours (finish time for the EA to stop initiating trades)

 

Process

 

Once the Opening Range has been established, lines will be drawn at the high and low prices of the Range. For example, if the Opening Time = 7:00 and the Opening Range Duration = 15min, the Opening Range will be the high and low prices from 7:00 and 7:15.

 

Trade Signals

Once the Opening Range High and Low is set, The EA will wait for the Closing Candle to close above or below the Opening Range. 

 

Once the Closing Candle has closed above or below the opening range this triggers a signal. 

 

Using the Order Type variable, if a market order is selected an order will be entered immediately after the close of the closing candle.

 

Buy Signals

A close above the Opening Range set by the closing candle will trigger a buy signal. The buy order will either be entered on a market order being initiated immediately after the close of the closing candle or a pending buy limit order at the high of the Closing Candle.  

 

Stop Losses will also be initiated on order entry and be placed at the Opening Range Low. If Price returns to the Opening Range without triggering the pending order, the order and trade signal is to be cancelled and the EA is to wait for another Closing candle signal.

 

Sell Signals

A close below the Opening Range set by the closing candle will trigger a sell signal. The sell order will either be entered on a market order being initiated immediately after the close of the closing candle or a pending sell limit order at the low of the Closing Candle.  

 

Stop Losses will also be initiated on order entry and be placed at the Opening Range High. If Price returns to the Opening Range without triggering the pending order, the order and trade signal is to be cancelled and the EA is to wait for another Closing candle signal.

 

Target Generation

4 Targets will be created from the Average True Range indicator (ATR) on a daily chart. The indicator settings will be based off a 14 period length and a Daily chart. Using the ATR number at the Opening Time input, it will be divided by 4, creating 4 numbers. 25%, 50%, 75% and 100% of the Daily ATR. 

 

Using these numbers and adding them to the Opening Range High Price will generate the 4 targets for a buy order. 

 

Using these numbers and subtracting them from the Opening Range Low Price will generate the 4 targets for a sell order.

 

Trade Management

 

Once a signal has been generated and a trade has been triggered, there is to be no other trades to be initiated until the current trade is completely 100% closed.

 

Each trade triggered will be managed in quarters. 25% of Trade Lot Size will be taken off at each of the 4 targets generated.

 

Using the Moving stop loss to breakeven variable, please allow the options for the input to be able to move the stoploss to breakeven once Target 1 or Target2 or Target3 has been reached, with default being once target 1 has been hit. Please also allow, no move to breakeven to be an option.

 

The Maximum Daily Trades variable sets how many trades are allowed to be entered per day per symbol/instrument. Please set the default to 4 trades.

 

Notes:

 

Spread Size variable – while the spread is larger than the input value please disable any new order entries. Existing open trades are to have no changes. 

 

Start and Stop Trading Hours are to be set to allow the EA to only enter trade during the hours I would like. As I will most likely not want it to trade outside of the USA sessions. If positions are open they to remain open with their pending take profits and stop losses, just no new trades to be initiated outside of trading hours.

 

 

 

 


応答済み

1
開発者 1
評価
(16)
プロジェクト
19
11%
仲裁
3
0% / 100%
期限切れ
2
11%
2
開発者 2
評価
(3)
プロジェクト
3
0%
仲裁
1
0% / 100%
期限切れ
0
3
開発者 3
評価
(188)
プロジェクト
212
58%
仲裁
9
11% / 89%
期限切れ
8
4%
4
開発者 4
評価
(5)
プロジェクト
9
0%
仲裁
1
100% / 0%
期限切れ
3
33%
5
開発者 5
評価
(8)
プロジェクト
10
40%
仲裁
0
期限切れ
0
類似した注文
I want robot that can help me trade and make some money so that I can be able to learn from it while I'm still in depot account now.Is how it gonna help me with some money
Articles How to create Requirements Specification for ordering an indicator 76 MetaQuotes 51 380 Table of Contents How can algo trading make a trader's live easier? Supplement text with images and videos Useful programs for creating Requirements Specification Formulating the Requirements Specification as an algorithm Requirements Specification Examples What can I specify in the Requirements Specification? Indicator
Hello, I have two requests: First: Feature Modification Request Currently, the EA places only one pending order at a time. I want to modify this to place two opposite pending orders (Buy Stop and Sell Stop) simultaneously, with the distance between them aligned with the existing Breakeven and Trailing Stop settings in the bot. How it should work: The EA places a Buy Stop above current price and a Sell Stop
I need a custom MT5 expert advisor (EA) designed to mirror trades between two different broker accounts (Master and Slave) running on the same local PC. My primary objective is Synchronous Execution to avoid being exposed to the market due to price mismatches. Core Requirements: Symbol-Agnostic: The EA must automatically copy trades for any symbol I trade (Forex, Gold, Indices, etc.) without needing to hardcode
Hello, I need a professional MT5 Expert Advisor for currency trading. PAIRS: EURUSD, GBPUSD, USDJPY, USDCHF TIMEFRAME: M15 STRATEGY: - EMA 8 cross EMA 21 (entry signal) - EMA 50 for trend filter - RSI 14 confirmation (Buy > 52, Sell < 48) - No trade if RSI > 75 or < 25 SESSION: London + New York only 07:00 to 17:00 GMT No weekend trading TRADE MANAGEMENT: - Lot size: 0.06 - Take Profit: $15 per trade - Stop Loss: $8
I need a MetaTrader 5 Expert Advisor (EA) for Forex trading. Account size: $1000 Requirements: 1. The EA should work only on Forex pairs. 2. Automatic Buy and Sell trades. 3. Lot size starting from 0.04. 4. Stop Loss and Take Profit settings. 5. Only one trade at a time. 6. Works on pairs like EURUSD, GBPUSD, USDJPY etc. 7. Risk management suitable for a $1000 account. 8. Easy settings for lot size, SL, TP and risk
I want to design an EA that can identify key Supports and Resistances. This should be able to work on any timeframe from 1 minute to 1 hour (i.e 1 minute, 5 minutes, 15 minutes and 1 hour time frames.) The EA should be able to determine a Fibonacci retracement from a support and the next resistance point in an uptrend and vice versa (i.e the EA should be able to determine a Fibonacci retracement from a resistance and
Looking for a good EA 30 - 100 USD
Hello guys,i am looking for a good already established ea,that doesnt blow account,only give 5 percent per month with maximum 10 percent drowdown,I need prove,i need to backtest by myself,after that i select the developer
Short Description: I am seeking an experienced MQL4 developer to build a high-frequency Asymmetric Salami Grid EA . This is a sophisticated volatility harvester, not a basic martingale. Key Features to Implement: Virtual Grid Execution: No pending orders; all logic handled in-memory via OnTick . Asymmetric Lot Sizing: Trend-side degression vs. Counter-trend progression . Salami Partial Liquidation: XX% of profits
Hi, I need a custom MT5 indicator based on a multi-timeframe fractal break reversal. 1️⃣ The indicator should use two timeframes: Higher Timeframe (HTF) Lower Timeframe (LTF) (Timeframes should be adjustable in inputs, e.g., HTF = H1 and LTF = M5) 2️⃣ Use standard fractals to detect fractal highs and fractal lows. 3️⃣ Primary signal (HTF): When a Lower High fractal is formed and price breaks that Lower High in one

プロジェクト情報

予算
30+ USD