Expert advisor based on momentum & heiken ashi candles

MQL4 Experts

Trabalho concluído

Tempo de execução 1 dia
Comentário do desenvolvedor
Very Friendly and Patient Customer!
Comentário do cliente
EA order was executed very fast with great chat support !

Termos de Referência

System tries to identify trend and then buy dips in that trend. Trend is identified by momentum indicator and entries

are based on heiken ashi candles that close out of certain range. 

Indicators >>

-Momentum indicator with level 100 as reference (standard MT4 indi, period - are parameters for optimization in EA) 

-Heiken Ashi Candles (system works with only values of Heiken Ashi Candles, blue candle - uptrend, red candle - downtrend)

-Envelopes applied to Close (standard MT4 indi, period, MA method & percent deviation - are parameters for optimization in EA)

Rules of the system >> Long entry

1.Close of Heiken Ashi Candle is below the lower envelope (or series of red candles)

2.First blue Heiken Ashi Candle appears & momentum indicator is above its 100 level at the close of this "entry candle"

3.System enters long position at market price by close of entry candle 

Rules of the system >> Short entry

1.Close of Heiken Ashi Candle is below the lower envelope (or series of blue candles)

2.First red Heiken Ashi Candle appears & momentum indicator is below its 100 level at the close of this "entry candle" 

3.System enters short position at market price by close of entry candle 


Money management & exits are the most essential part of the system and will be presented to developer only !

In attachment are explained entries for long & short position.


Looking forward for future work,


MD


Arquivos anexados:

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Informações sobre o projeto

Orçamento
50+ USD
IVA (20%): 10 USD
Total: 60 USD
Desenvolvedor
45 USD