Develop EA of a modified version of London Breakout Strategy

MQL5 Эксперты Forex

Работа завершена

Время выполнения 4 дня
Отзыв от заказчика
Everything great! Job was finished in time and with all features. Great developer.
Отзыв от исполнителя
It's nice to work with such a customer. I look forward to further cooperation. I recommend to everyone.

Техническое задание

Hi Developers, 

I'm looking for someone who can develop an EA for me based on the London Breakout Strategy.


Rules are as follows:

___________________________

Entry on the CLOSE of the XX timeframe candle that closes above/below the range that goes from 00:00 to 06:45am (UTC+1). By XX I mean, I need to be able to test different variants, for example. Entry on the close of the 15M candle, 30M candle, etc. This needs to be a variable that I choose from a dropdown menu (Options that must be included: 5M, 10M, 15M, 20M, 30M and 1H).


Once the entry is triggered, the EA will place 1, 2 or 3 trades. I must be able to choose how many trades it places and the RRR of each one. Such as:


BREAKOUT (title)


Number of trades (dropdown menu):

1 | 2 | 3 


RRR Trade 1: XXX

RRR Trade 2: XXX

RRR Trade 3: XXX


Risk Trade 1: XX%

Risk Trade 2: XX%

Risk Trade 3: XX%

_______________________________

All trades must be placed with the stop loss in one of both of the ways below (I must be able to choose which one from the EA input settings)

SL:

  • In the middle of the range (if range 100 pips, SL would be in the middle, 50 pips above the bottom and 50 pips below the top) 
  • OR 
  • At 1/2 the range (So, if the range is 100 pips, the SL would be 50 pips, regardless of where the middle of the range is. For example, a 1H candle closes 20 pips above the range, that will trigger the trades and the SL would not be in the middle of the range, but at 50 pips from the point of entry). 


How it should look:


SL (dropdown menu)

Middle of range | Half the range 


________________________________


Once the trades hit XXX RRR (editable), the SLs are moved to breakeven. What I mean by editable: If I put 0.8 in the value, once trades hit 1:0.8 RRR the SL will be moved to BE. If I place 1.5, once the trades reach 1:1.5 RRR the SLs are moved to BE. How it should look: 


Break even: XX value 


Once trades hit XXX RRR (editable), the SL are moved to TP 1. For example: break even value is 1 (so EA moves SL to BE at 1:1), Stop in profit value is 2 (EA moves SL to TP 1 once 1:2 RRR is reached)


Stop to TP 1: XX value


___________________________


If trades fail and the stop loss is hit BEFORE moving the SL to Breakeven, XXX (number) trades are placed in the opposite direction of the first trades at the SL level IF AND ONLY IF:


SL is hit before XX amount of candles (same TF candles as will be used for Breakout entry). So for example, if entry is at close of 15M candles, and this value is set to 5 candles, the Fadeout trades will only be placed if the SL is reached within 5 15M candles. If SL is hit after 10 15M candles, for example, breakout trades will hit SL and no other trades will open. 

Should be like this: 

Number of candles: XX Value


Fadeout trades same as breakout:


FADEOUT (title)

Number of trades (dropdown menu):

1 | 2 | 3 


RRR Trade 1: XXX

RRR Trade 2: XXX

RRR Trade 3: XXX


Risk Trade 1: XXX%

Risk Trade 2: XXX% 

Risk Trade 3: XXX% 


RRR will be based on SL --> SL for the fadeout trades placed similar to Breakout:


SL (dropdown menu).  :

  • Top/Bottom of range (depending on the direction of the trade of course, if sell at top, if buy at bottom) 
  • OR
  • Half the range 

That's basically it. Attached is a basic drawing of how the strategy is.

Файлы:

PNG
Example.png
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30 - 60 USD
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27 - 54 USD
Сроки выполнения
от 1 до 5 дн.