FreelanceSeções

Range Break out Trading EA

MQL4 Experts

Trabalho concluído

Tempo de execução 11 dias

Termos de Referência

Looking for a new take on the Range Breakout Trading systems out there.

 

Entry Criteria

Long Entry: If price is above moving average. Look to go long.   Place a buy stop x number of pips above range.  Stop loss is bottom of the range.  Target is 2x Range.

When order is filed, if prices goes to 1:1 RR, move SL to breakeven.  Wait for price to hit target, out at BE, or manually close at end of trading day.

If price gets entered, setup the exact same trade with all options, but in opposite direction.

 

Short Entry:  Exact opposite of above.

 

EA should have the following Options:

  • Ability to adjust moving Average.  Not only number, but type of moving average. (EMA, SMA, Linear Weighted, Smoothed, ETC)
  • Ability to adjust the hours for specified range.  Example, look at range between 22:00 – 4:00.
  • Highlight and draw a box around range.
  • Money management – Place a trade using X% of the account balance.
  • Ability to set a Stop Loss above or below the range + variable number of pips.
  • If price moves to 1:1 RR move stop loss to BE +x pips.  Ability to turn this feature on and off.
  • Cancel Trade if not entered buy a set time of day.
  • If range is to large, skip trade.   Ability to adjust this setting.
  • Ability to adjust entry by x numbers of pips.

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Informações sobre o projeto

Orçamento
50 - 500 USD
Desenvolvedor
45 - 450 USD