Annulé

ea or auto trader for mq4 base on fractal bar closing

Fractal - Bar Closing :::: Market: EURUSD 1Day

1. Entry rules:

Enter long at the top of a Up Fractal.

Enter short at the bottom of a Down Fractal.

2. Exit rules:

Close a position at the end of the same bar.

In this strategy we are entering the market in the direction of the current trend and we hope that the trend will continue at least until the end of the bar.

The entry point for a Long position is the peak of an Up Fractal. As you probably know a Fractal is a pattern of minimum 5 bars. For an Up Fractal to form the third bar (this at the middle of the fractal) is the one with the highest high price. That means we have at least two bars with lower highs then the top of the fractal. We enter the market when the price starts rising after the fractal pattern has been completed. So we enter long at the end of an Up Fractal in the direction of the current trend.

We will close this long position at the end of the bar (in this case at midnight).

For the short positions we do the same but in the opposite direction. First we are waiting for the market to form a Down Fractal. After that if the price drops to its bottom, we enter short. We close the position at the end of the bar.

These rules are simple to follow. When you see a fractal you can place a Stop Entry Pending Order. The order is of type “Stop” because we enter long at a higher price than the current one.

Respectively for the short positions we enter short at a price lower than the current one.

Compétences : Programmation C++, Java, Metatrader, MySQL

Voir plus : mq4 auto, fractal mq4, strategy pattern java, strategy pattern, pattern strategy, lower third bar, simple short java, peak to, one auto, lower third, fractal, base one, java bar, pending order strategy, pending order mq4, auto type, place market order, auto simple, auto minimum, java trader, pending order metatrader, java fractal, metatrader current bar, trend direction, need code auto

Concernant l'employeur :
( 2 commentaires ) Khulna, Bangladesh

N° du projet : #1664203

5 freelance ont fait une offre moyenne de 84 $ pour ce travail

barmenteros

Hello. I am interested in your project. Please, take a look at my profile and check your PMB for more details about my offer. Thanks

180 $ USD en 5 jours
(49 Commentaires)
6.7
tatapuiu

Hello, I would like to work with you on your project. Please see my profile for more personal details and past references and let me know what you think

50 $ USD en 1 jour
(101 Commentaires)
6.1
trunix

Hi, I can help You

45 $ USD en 2 jours
(12 Commentaires)
4.6
ElSakr

I can do this job , please contact me

45 $ USD en 2 jours
(8 Commentaires)
3.5
Airwave

Dear Sir, I have a lot of programming experience for different platform: MetaTrader, ProRealTime, Trade Navigator and so on. Trader since 5 year, over 200 Forex article written and hundreds of trading systems realized Plus

98 $ USD en 4 jours
(1 Commentaire)
2.4