Renko Slope Strategy

This project received 10 bids from talented freelancers with an average bid price of $59 USD.

Get free quotes for a project like this
Employer working
Project Budget
$30 - $250 USD
Total Bids
Project Description

I need an EA that runs on an MT4 platform Renko Chart. The rules for this strategy are very simple:
Open position at the close of the first bar right after the Slope Direction Line indicator changes color from red to blue or blue to red. If Slope Direction Line changes to blue open a long position, and if it changes to red open a short position.
Close position when price hits Stop Loss or Take Profit. Set initially a T/P of 4 bars and S/L 2 bars, but both S/L and T/P could be set to different number of bars (1, 2, 3, ...) Position should open and close right after the bar closes, so especial attention should be placed on spreads and ask/bid prices.
If needed, I can supply a copy of the Renko Chart and indicator I'm using.

Looking to make some money?

  • Set your budget and the timeframe
  • Outline your proposal
  • Get paid for your work

Hire Freelancers who also bid on this project

    • Forbes
    • The New York Times
    • Time
    • Wall Street Journal
    • Times Online