RSI Divergence Expert Advisor

Cancelled

RSI Divergence Expert Advisor

I need an expert advisor which works when divergences are created on the RSI Indicator.

I am attaching an indicator which creates Divergence lines automatically on the RSI Indicator.

The main Structure of the Expert Advisor:-

When to open a buy/sell trade?

After the buy/sell trade (i.e. a bullish or a bearish divergence is created) conditions are satisfied, I want the trade to be opened at the opening price of the next bar and closed at the closing price of the same bar.

The trade conditions are as follows:-

Buy Trade Condition:-

When in the main chart there is a green line connects the bottom/low of two different bars and the same is the case is in RSI Indicator, I want the expert to open a buy trade at the opening price of the next bar i.e., open a trade as soon as the next bar is opened. There is a green arrow facing upward pops in the RSI Indicator window indicating a buy signal.

Sell Trade Condition:-

When in the main chart there is a red line connects the top/high of two different bars and the same is the case in the RSI Indicator, I want the expert to open a sell trade at the opening price of the next bar i.e., open a trade as soon as the next bar is opened. There is a red arrow facing downward pops in the RSI Indicator window indicating a sell signal.

When to close the trade?

It should be automatically closed when the current bar in which the trade is opened finishes, if the take profit / stop loss or trailing stop loss is not hit.

Other features which are going to be user defined:-

1. Time Frames to be available (15 min, 30 min, 60 min, 4 Hours, 1 Day).

2. User Defined Take Profit and Stop Loss.

3. Lot Size.

3.1 User Defined i.e., in Numerical Value e.g. .01, .1, 1 etc.

3.2 Formula Defined i.e. the lot size should be calculated by the following formula: - ‘Balance’ / ‘1000’, where in ‘1000’ is a variable. For e.g.: if the balance is USD 3500 then the Lot size opened should be 3548/1000 = [url removed, login to view] (calculated up to the second decimal place.)

4. Trailing stop loss

I want the trailing stop loss to be off two types i.e.:-

4.1 Normal Trailing stoploss i.e. used in metatrader and it should be a user defined value in pips.

4.2 Break even stoploss: - Which should become active after the trade has moved ‘x’ number of pips in the favorable direction. For e.g.:- A trailing stop loss of ’10 pips’ should be made active after the trade has moved ’20 pips’ in the favorable direction.

Attachments

• I am also attaching the project detail in a word file as the space at [url removed, login to view] doesn't allow more than 400 words.

• I am attaching two separate screenshots which indicates a buy/sell trade.

• I am also attaching the Automatic RSI Divergence Indicator.

*** Due to the word limit of 400 words, I will be mentioning the important points in the additional space, please make sure to go through the same before placing you bid ***

Skills: Metatrader

See more: rsi divergence, divergence expert advisor, rsi divergence expert advisor, expert advisor divergence, profit divergence metatrader, metatrader rsi divergence, divergence, divergence advisor, works at freelancer, where to sell as a freelancer, value or freelancer com, rsi freelancer, project detail for freelancer com, not for profit freelancer, next available freelancer, i want to become a freelancer, i want a buy for window frames com, green freelancer, freelancer window 10, freelancer where to buy, freelancer when bid close, freelancer rsi, freelancer red, freelancer pops, freelancer open space

Project ID: #4188091

1 freelancer is bidding on average $295 for this job

mindfulfx

We guarantee absolute confidentiality about your set of trading rules! - Before we deliver, we test your brand-new EA's functionality thoroughly, to make sure it does exactly what you want it to do; you only stay respo More

$295 USD in 5 days
(0 Reviews)
0.0