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Candle High and Low Expert Advisor

This project was awarded to mqldeveloper for $100 USD.

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Project Budget
$30 - $50 USD
Total Bids
11
Project Description

Candle High Low Expert Advisor

I need a simple expert advisor, which is based on break out of previous candle’s high and low point.

1. Buy Trade.
When the next candle hits the high of the previous candle open a buy trade at the high point of the previous candle.

E.g. Candle 1 has made a high of ‘x’ point, when Candle 2 hits ‘x’ point the system should open a buy trade.

Stop Loss should be low of Candle 1 or low of ‘x’ number of previous candle

The trade should automatically close when Candle 2 closes or after ‘x’ number of candles.

2. Sell Trade
When the next candle hits the low of the previous candle open a sell trade at the low point of the previous candle.

E.g. Candle 1 has made a low of ‘x’ point, when the Candle 2 hits ‘x’ point the system should open a sell trade.

Stop Loss should be high of Candle 1 or high of ‘x’ number of previous candle.

The trade should automatically close when Candle 2 closes or after ‘x’ number of candles.

Other Features

1. User Defined Stop Loss and Take Profit.
2. Money Management System Based on Balance
3. Reversal Option
4. Trailing Stop Loss
4.1 Auto Trailing Stop Loss :-
When the trade has moved ‘Stop Loss Pips’ + ‘x’ (User Defined) in my direction, then a trailing stop loss of ‘x’ pips to become active.
4.2 Normal Trailing Stop Loss i.e. available on Metatrader.
5. Should give me an option to activate the same in multiple time periods for e.g. I want it to be active during Asia Market Opening Hours, European Market Opening Hours and US Market Opening Hours.

The mile stone will be released after 1 week of forward testing.

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