Hi, I am looking for a coder to create a simple EA for MT4.
This is the strategy:
when the candle closes on the time frame 1H Ea draws the resistance line at the high of the candle just closed and the support line at the low of the candle just closed,
before drawing the resistance and support lines the EA must perform the following check: if the H1 candle that has just closed is bull type then (close - open) must be greater than ((high - close) + (open - low)), if the candle H1 that has just closed is bear type then (open - close) must be greater than ((high - open) + (close - low)),
to open a market buy order the EA will wait for the body of a candle on the 1 minute time frame to be above the resistance line, to open a market sell order the EA will wait for the body of a candle on the 1 minute time frame to be below the support line,
the Ea must have a selectable take profit in pips, a stop loss in pips and a trailing profit,
the EA must also have a take profit and stop loss as a percentage of daily gain / loss, when the threshold is reached the EA will close the orders and wait for the next day to resume trading,
the EA must also have an automatic stop loss system: for buy orders it will be positioned on the close of the H1 candle that generated the resistance line if this is a bull type while it will be positioned on the open of the H1 candle that generated the resistance line if this is of the bear type, for sell orders it will be positioned on the close of the H1 candle that generated the support line if this is of the bear type while it will be positioned on the open of the H1 candle that generated the support line if this is a bull type,
the EA must in any case close the order after 59 minutes opening it and wait for the new support / resistance lines that will be generated by the H1 candle that will close,
if during the 59 minutes the EA closes the order by stop loss, the Ea can open a new position respecting the opening rule, the important thing is that there must always be only one open order,
the EA must have the ability to select fixed lots and balance percentage,
the EA must have the ability to select an operating time during the day (broker time),
the EA must send the transaction notifications via mobile.
The goal of the EA is to be able to earn 21/22 net pips per day.
Green pips to all.
This is the strategy:
when the candle closes on the time frame 1H Ea draws the resistance line at the high of the candle just closed and the support line at the low of the candle just closed,
before drawing the resistance and support lines the EA must perform the following check: if the H1 candle that has just closed is bull type then (close - open) must be greater than ((high - close) + (open - low)), if the candle H1 that has just closed is bear type then (open - close) must be greater than ((high - open) + (close - low)),
to open a market buy order the EA will wait for the body of a candle on the 1 minute time frame to be above the resistance line, to open a market sell order the EA will wait for the body of a candle on the 1 minute time frame to be below the support line,
the Ea must have a selectable take profit in pips, a stop loss in pips and a trailing profit,
the EA must also have a take profit and stop loss as a percentage of daily gain / loss, when the threshold is reached the EA will close the orders and wait for the next day to resume trading,
the EA must also have an automatic stop loss system: for buy orders it will be positioned on the close of the H1 candle that generated the resistance line if this is a bull type while it will be positioned on the open of the H1 candle that generated the resistance line if this is of the bear type, for sell orders it will be positioned on the close of the H1 candle that generated the support line if this is of the bear type while it will be positioned on the open of the H1 candle that generated the support line if this is a bull type,
the EA must in any case close the order after 59 minutes opening it and wait for the new support / resistance lines that will be generated by the H1 candle that will close,
if during the 59 minutes the EA closes the order by stop loss, the Ea can open a new position respecting the opening rule, the important thing is that there must always be only one open order,
the EA must have the ability to select fixed lots and balance percentage,
the EA must have the ability to select an operating time during the day (broker time),
the EA must send the transaction notifications via mobile.
The goal of the EA is to be able to earn 21/22 net pips per day.
Green pips to all.