At first, the EA must draw a
rectangle highlighting the last 4:15 h of consolidation before the close of the
M15 candle past 8 GMT (London opening), these times must be configurable.
After that, the EA must apply a gap
to the trigger orders (defined as “FOLGA” in EA settings – in points not in
pips) this gap has the purpose to avoid false triggerings.
At 8:15 GMT, the EA places the
pending orders atop and above the range plus the gap (folga) and with his
respectives Take profits (configurable but with 170 points as default)
As soon as an order is activated,
the EA places another order in the same place of the contrarian order (recovery
mode) with size = first order * Multiplier 01, this order has the same TP of
the contrarian order and the stop loss of the first one.
If the price does not hit TP and
comes back towards the original order, the EA repeats the process, placing
another order in the same place of the original one with size = second order *
multiplier 1, and so on.
The EA must have an off recuperation
order multiplier, just in case that the recovery mode is off and the user
accepts the stop loss. So in any day that stop loss is hit, the subsequent day
will have the size multiplied by the multiplier 2.
In the other side, as the system
have many sequencial wins, the EA must have a take profit lot multiplier
placing a lot size in the day after a win multiplied by the multiplier 3.
About the money management, There is
3 entries: initial lot (default 0.01), money management false/true (calculates
the lot multiplier based in the balance and lot applied in field 1 before each
first trade of the day), and follow up order lot (I will explain soon).
About the Range, the settings must
allow to configure the beginning and end of the range and the gap tha will be
used.
About the parameters: the field “STOP
LOSS IGUAL AO RANGE” with value true/false must define which kind of stop will
be used, if TRUE the stop of the first order must be in the contrarian border
of the range and the recovery mode must be off, if this option is set, the EA
must erase the contrarian order too. If is FALSE the recovery mode is working
and the stop coincides with the TP of the contrarian orders.
Field TAKE PROFIT in points, with
equal size for both sides.
Field Trailing stop on/off, with his
respective trailing size and step.
The follow up order, as mentioned
above, is an alternative for the main trade system to pursuit the trend,
working independently from the main trade system and using only the initial
trigger. His size is defined in the money management section and have these
characteristics:
No TP
SL by time (default 19h) OR SL in
the contrarian border of range
Trailing Stop and trailing step
configurable.
I’m attaching an indicator to show
more or less how the boxes must be drawn and a picture in this sheet that shows
the recovery mode in a generic way.
In the chart window, the EA must
show a “HUD” with these informations in Portuguese
and small font size:
STATUS DO SISTEMA: ATIVO/DESATIVADO (green active/red
deactivated)
POSIÇÕES EM ABERTO: X.XX
(total of open positions with his directions)
MARGIN: XXXX (In currency
and percentage)
LUCRO DE HOJE: XXX.XX
(in deposit currency)
LUCRO DE ONTEM: XXX.XX (in deposit currency)
RANGE DO DIA: XXXX
(size in points of the 4:15 h range)
RECOVERY MODE: ATIVO/DESATIVADO (WHEN ACTIVE
GREEN, WHEN DEACTIVATED RED)
MULTIPLIERS: RECOVERY MULTIPLIER, LEVERAGE MULTIPLIERS
Benzer siparişler
I have a fully developed and ready Expert Advisor for MT5. I am NOT looking for coding work. I am looking for an experienced MQL5 Market seller who can publish and manage my EA on the MQL5 Market on my behalf. The deal is revenue share — we split the income from sales or rentals. The EA is complete and ready to publish. If you have an established seller account on MQL5 Market with good reputation and experience
You can control via Telegram: /start - enable bot, begin trading, /stop - end trading, disable bot /status - trade status Bot requirements: • Automated trading throughout the day until 00:00 UTC (Moscow time) (I do not want to trade or turn the bot on 100 times a day). • Auto shutdown of the bot in Telegram at 00:00 UTC (Moscow time) and manual restart when convenient. • Market analysis 24/5 using 20 EMA, RSI, and
I am seeking an alert-only EA. An EA that will follow all the rules but not execute a trade. As this is a repeat posting I am seeking the successful technician - Xiro from Vietnam. Thanks Karl
Looking for a trading bot / Expert Advisor that wont make dozens of small successful trades and then one or two unsuccessful trades that wipes out your account Requirements: - MT4 capable - Use on the major currency pairs - although open to other currency pairs - Be successful in monetary terms not necessarily in how many successful trades
I need a MT5 Prop firm challenge passing EA with strict prop firm rules compliance. Any strategy can be used but win rate should be above 70%. It should have high impact news filter and a dashboard panel to monitor daily drawdown, target profit, current balance, etc. It should not have martingale, grid, hedging, etc
Project goal: To code several items for Ninja Trader, ranging from simple to more complex tasks, with potential for ongoing collaboration. Scope of work: - Develop code for specific items in Ninja Trader. - Implement minor functionalities like a line at a time level. - Address more complex coding needs as they arise
I need a MT5 Prop firm challenge passing EA with strict prop firm rules compliance. Any strategy can be used but win rate should be above 70%. It should have high impact news filter and a dashboard panel to monitor daily drawdown, target profit, current balance, etc. It should not have martingale, grid, hedging, etc
I’m looking to partner with an experienced EA developer who has a proven, working Expert Advisor that delivers stable and consistent monthly performance. A bit about me : I’m Barak, founder of FX Trade Africa — I operate in the African trading market, with reach across francophone countries including the DRC, Cameroon, Côte d’Ivoire, Senegal, and Benin. These are fast-growing retail trading markets where the demand
Hello Developers I have a Project to get done! i have a simple strategy can you please create the automated forex ea to execute my trading strategy? i need custom ea for tradingview and mt4/mt5 correction: i need a tradingview indicator created that tells me when to buy or sell. and ea in mt4/mt5
I am looking to purchase a high-quality, fully developed MQL5 Expert Advisor (EA) that has demonstrated consistent profitability over time. Key Requirements: The EA must have a proven track record of consistent profitability for at least the past 5 years . Preference will be given to EAs with 10+ years of consistent profitability . The strategy must be robust, stable, and not reliant on over-optimization or curve