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I need you to compile the following MT4 Expert Advisor for me. When I drag it onto a chart it goes into effect immediately. I’d like it to be able to work on any build of MT4 and on any timeframe.
Desired budget: 30 USD
Deadline: 1 day
The indicators involved are: Fractals ST Patterns (available free on mql5.com market) https://www.mql5.com/en/market/product/24035
Fractals ST patterns is a modification of Bill Williams' Fractals indicator. Unlike a standard Fractals indicator, Fractals ST patterns allows setting any number of bars to find a fractal. This simple indicator corresponds to the parameters specified in the ST patterns Strategy. Structural Target patterns are the market itself, which is consistently divided into components. For the formation of ST patterns, no trend lines, geometric proportions of the model itself, trading volume, or open market interest are needed. They are easily recognized and built only on the basis of breaking through the fractal levels and the distance to the Target. ST patterns remove from the market the uncertainty inherent in the previously known graphic compositions and simplify the work of the trader. This indicator is much better than the standard MT4 indicator because you can input how many “bars around” you need. The standard MT4 indicator uses 5, but I want to be able to put any number in myself and Fractals ST allows for that. You have to wait for the close of the second candle to the right, because the fractal will tell you the new high or the new low, and for that you will need at least one candle to left and one candle to the right, depending on what you input under “Bars Around”.
The standard MT4 Fractal indicator, simply stated, shows fractal bars are higher (lower) than the two (or more) bars preceding it and the two (or more) bars following it. With the Fractals ST indicator, I can set this to only 1 bar, or three bars or whatever I choose.
The fractal consists of a two sets of arrows - up (upper fractals) and down (lower fractals). Each fractal satisfies the following conditions:
Upper fractal - maximum (high) of a signal bar exceeds or is equal to maximums of all bars from the range to the left and to the right;
Lower fractal - minimum (low) of a signal bar is less or equal to minimums of all bars from the range to the left and to the right.
The indicator inputs are:
Bars around - number of bars before a fractal used in calculation;
Arrow offset - offset of the arrow from the bar's High/Low in points.
RULES:
SELL: If a fractal high has formed (let's say at
1.13596) and the next (1,2,3 or 4, etc) candle closes with it's high
below the fractal high at 1.13596, immediately open a sell market
order at the close of this candle.
EA INPUTS to follow.