Expert Advisor based on Fibonacci Extensions

MQL4 Experts Forex

Trabalho concluído

Tempo de execução 2 minutos
Comentário do cliente
Hossein was great to deal with. The EA he coded follows the rules of the strategy I provided. I will definitely use Hossein again, and I highly recommend him! Thank you again Hossein.
Comentário do desenvolvedor
I really enjoyed working with you, Thank you so much my friend. wish you all the best.

Termos de Referência

I have been manually testing a strategy that I learned 6-7 months ago.
I like this strategy because:
1. I understand the strategy (some go over my head).
2. The trades taken are high probability trades.


Strategy:
1. Tick chart looking back 30 days, draw Fibonacci extensions on chart.
2. At the .50 level, draw a rectangular box that extends 1/2 distance upwards to 38.2% level, and 1/2 distance downward to 61.8% level.
3. Enter with buy stop at upper breach of box, taking profit @ 38.2% level, or
Enter with sell stop at lower breach of box, taking profit at 61.8% level.
4. After taking profit, if price re-enters the 50.0 area again, new pending orders are placed with same T/P (repeat each time price re-touches the 50.0).

I want the expert advisor to display accurate Fibonacci extensions and draw a rectangular box at 50 level. The take profit levels should be visible on the 38.2 and 61.8 levels.

I have a video that explains the strategy better than I can explain.  The video is too large to upload.


Thank you.

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Informações sobre o projeto

Orçamento
155+ USD
Desenvolvedor
139.5 USD
Prazo
de 1 para 5 dias