Metatrader breakout EA
$30-250 USD
Pago na entrega
I need a fairly simple expert advisor coded for use in MT4. I have attached an outline of the exact details below.
The EA must be coded to the highest standards and completely free from all bugs. I will test it using the MT4 strategy back tester as well as forward testing it.
Details:
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Basic overview:
At a specified start time, the EA will create a breakout box – top line x number of pips above the current price and bottom line x number of pips below (I want to be able to specify each of these separately so as to account for spread, i.e. 5 pips below the current price and 6 pips above the current price).
If the price moves up and hits the top line, a buy is entered. If the price falls and hits the bottom line a sell is opened.
When a trade is entered, the EA will automatically place a stop loss on the opposite side of the breakout box.
The EA will have 3 methods of closing the trade:
1. If the stop loss is hit.
2. A set profit target is reached (example: 100 pips)
3. A set time of day is reached (example: 1700 pm)
The breakout box will remain fixed in place for the whole day from the specified start time until a specified end time. For example if I set it to start at 0700 and end at 1700, the EA will open new trades whenever price crosses the top or bottom edge of that box. If we enter a buy at 0701 and the price reverses and hits the stop loss, the buy trade is closed and a new sell is opened. If the price reverses again and this SL is hit, the EA will open a new buy trade. In this way it is like a stop and reverse strategy.
There will be a slight variation on this. I want to move the SL to break even (plus 1 pip profit) if and when the trade has moved X number of pips in to profit. For example if a buy trade goes 30 pips in to profit, I want the original SL to jump up to 1 pip better than the entry price, thus reducing the risk. If the price then reverses and hits that new SL, a new sell trade should NOT be opened until the price falls far enough to cross the bottom of the original breakout box. If the price goes inside the breakout box and reaches half way, the top buy line should be re-activated so that if the price rises again and breaks out to the top side, a new buy is opened. If the price does not reach half way through the box, and then rises again, the top line is not active and a new buy is not opened.
For closing the trade in profit, I want the option of either having a profit target, OR a time based target, OR both (whichever comes first).
For example I may say close the trade only when the 100 pip target is reached. Or I may say close the trade only when the time reaches 1700. Or I may say close the trade at 100 pips profit or 1700, whichever is reached first.
Variable input settings:
Box start time: what time of day the EA should start running and place the first breakout box.
Box end time: time of day the EA should stop opening new trades. (Any open trades at this time must be managed until a normal close, but no new trades are opened.)
Multiple entries: if set to 0, the EA will keep opening new trades in both directions all day within the start and end times. If set to 1, it will only open the first trade that breaks the break out box top or bottom, but nothing else throughout the day (effectively 1 break out per day). If set to 2 it will open 2 trades and them stop and so on.
Risk per trade: 1% of account balance (I want to be able to change this)
Take profit pips: 100 pips (I want to be able to change this – 0 means no pip target)
Take profit time: 17:00 (I want to be able to change this – 0 means no time limit)
Move to break even: 30 pips (when price reaches 30 pips profit, the SL is moved to 1 pip better than entry)
ID do Projeto: #7561550
Sobre o projeto
13 freelancers estão ofertando em média $122 nesse trabalho
Good afternoon. i can help you , should have it ready in 28 - 42 hrs I am a Forex trader for 6 years now , and coding for over 4 years . My coding skills are top of the line, i am the first coder to figure out how to g Mais
Hello, My name is Adi, and I specialize in MT4 EA programming with 7 years and over 300+ MT4 projects. I have perfect ratings and reviews on my projects. I read your breakout box strategy and I can design your EA Mais
hi i am agus. i will make this project done for you. thank you very much, and have a nice day. best regards, agus
Hi James, As per our previous discussion. I had a look at the spec and although the previous ea was based on breakout box this ea has quite few additional features. Regards, Avi
Hello! I have a great experience in creation MT4 and MT5 expert advisors. I can make this job for you.
Hi there, I made a lot of MQL4 EAs like this one and I can do this EA too. Please google for codersguru to see my previous works/tuorials etc Best regards, Coders' Guru
