In Progress

Expert Advisor for MT4

Expert advisor for MT4 that trades gap.

Long positions when the opening price of the market is under the closing price of the previous period (see attachment)

Short positions when the opening price of the market is above the closing price of the previous period (see attachment)

Variables of the indicator that i would like to set/optimise

- minimum range of gap

this should consider the last number in the prices of the market i am studying

for instance in DAX30 7705.0, if i set mimimum range 20, it means the minimum gap should be 20 points, so from 7705 to 7707.

in EURUSD 1.34500, if i set mimimum range 20, it means the minimum gap should be 20 points, so from 1,34500 to 1.34520.

in stocks, same thing so always last number in the price

- Maximum range of gap, same settings above

So if a gap is below the minimum range do not trade, if it is above the maximum range do not trade.

If a gap is betwenn minimum and maximum, trade.

- Take profit

It should be set as a percentage of the gap width

So if i have a 100 points gap, and i set TP at 80%, target should be 80 points

if Dax closes at 7500.5 and opens at 7490.5, and i set 80%, target should be 7498.5

Stop loss

It should be set as Reward/Risk ratio, so if the take profit is 100 points and i set

Reward/Risk 1 --> stop loss is 100 points

Reward/Risk 2 --> stop loss is 50points

Reward/Risk 0.5 --> stop loss is 200 points

- Nominal Value of position

The volume of operation should be set condiering the nominal value of exposition i would like to have.

Consider i would like to have 10.000€ exposition.

If i trade EURUSD volume should be 0,10, easy.

If i trade DAX, based on my contract specs on my broker i shuold buy 1,3 more ir less, volume is 1,3

if i trade a stock whose price is 7,5€ i have to buy [url removed, login to view] --> 1333, here volume is 1333 circa.

So contract specifications should be considered.

- Martingale

starting from 10.000, if the trade is a loss,

next trade i would like to have a martingale but not an aggressive one, so for instance

1trade --> 10.000, Loss

2trade --> 14.000, Loss

3trade --> 17.000, Loss

4trade --> 19.500, Loss

5trade --> 21.500, Loss

6trade --> 23.000, Win

7trade --> 10.0000,

It should be similar to a logarithmic curve.

(i found on the web an EA that is very very similar , it is attached).

End of EA

Than i would like to have an indicator apart from the EA that send me an alarm and a mail when i have a gap in one of my charts.

Except for martingaleand nominal value it should work exactly like the EA,

so i can congifure:

- min/max range, take profit, stop loss

So The message should be

Gap UP (or GAP down) on "name instrument"; Sell@price (or Buy@price) TP @"price"; SL@"price"

Skills: C++ Programming, Financial Markets, Metatrader

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About the Employer:
( 2 reviews ) milan, Italy

Project ID: #4204192

Awarded to:

ElSakr

I can do this perfectly , please see pm.

€50 EUR in 3 days
(8 Reviews)
3.5

17 freelancers are bidding on average €165 for this job

MarceloAptrafx

Dear Sir, Kindly check out your my private message box with details of my offer. Best Regards, Marcelo Marques

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6.6
matharpa

HI, I am expert in making EA and CI for MT4. Check PMB for details.

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5.5
trivietsales

HI, I have done similar strategies. I can work for you. Thanks, trivietsales

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JackRh

Hello, Kindly check out my private message and let me know what do you think, Thanks. Jack.

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5.3
ETNASoftware

Hello, I have couple of guys who would be perfect fit with extended technological background & experience with EA development and Metatrader customization. Examples of our projects: [url removed, login to view] Plea More

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(1 Review)
5.0
oromek

hi i can make this work for you regards

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4.6
buildorbust

hi, im best for the job.

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4.2
fraktalas

Hi, I can do this job.

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2.9
mqldeveloper

Hi :) I am a metatrader expert. I will make it done for you.

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2.5
Airwave

Buongiorno, ho 5 hanni di esperienza e realizzo trading system sulle seguenti piattaforme: MetaTrader 4, Trade Navigator e ProRealTime. Sono italiano come Lei e la comunicazione sarà indubbiamente più immediata. Le o More

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2.4
pitpiter

Dear Sir, it will my pleasure made this work for you, please kindly check your PM box for detail.

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1.4
pyramidexpert

Hi, I am ready to work with you. Please choose me and i will start to work anytime you want. Project will be completed as the details that you requested.

€79 EUR in 2 days
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0.0
mohammadrazzak

I have been trading forex and also involve in coding EAs using MQL4 for the Metatrader Platform. I am confident about completing your job with efficiency. I have provided more information in your personal message.

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moj1367

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CoderW3

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Lukasus

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