Terminé

Code an MT4 EA

Expert Advisor EA to work on mt4. May include revisions.

Introduction
XAUUSD–MY METHOD is combination of a custom Fibonacci pivot indicator and default volume indicator, these indicators must agree before a trader can place an order either buy or sell.
The indicators are:
1. Fib_pivotsrevised
2. Volume
XAUUSD –MY METHOD can be used on any time chart but it’s better used on the 30 minute chart on XAUUSD.

User Defined Parameters!
LotSize = Risk_% (Default = 1.0)
There should be a different risk % input for each signal.
Stop_Points = will be variable.
• For buy trades it will be placed at Fibonacci support 1 (lower green line)
• For sell trades it will be placed at Fibonacci resistance 1 (upper green line)
Buy signal 1
A trader will buy when you observe ALL of the following
1. Fibonacci pivot moves up for new day
2. Fibonacci Resistance 1 moves up for new day
3. Fibonacci Support 1 moves up for new day
4. Price hits Fibonacci Resistance 1 (upper green line). It only has to touch it. If a trade has been placed and touches it again the trader does not take another trade. There should only be 1 trade at one time. Not 2, 3, 4 etc.
Taking Profit Level:
We have 2 ways of taking your profit:
1. Exit when 3 red volumes (decreasing volume followed by decreasing volume followed by decreasing volume on candle closes) appear and the last close in price above fib resistance 2.
2. If this condition is not met and there are trades on. Close all trades at the end of the day GMT.

Buy signal 2
A trader will buy when you observe ALL of the following
1. Fibonacci pivot moves down for new day
2. Fibonacci Resistance 1 moves down for new day
3. Fibonacci Support 1 moves down for new day
4. Price goes above Fibonacci pivot (white line). and closes above. It also closes above the white line for the next consecutive candle. So there has been 2 candles above the white line.
Exit at end of day as 3 red volumes + close above fib resistance 2 does not occur.Taking Profit Level:
We have 2 ways of taking your profit:
1. Exit when 3 red volumes (decreasing volume followed by decreasing volume followed by decreasing volume on candle closes) appear and the last close in price above fib resistance 2.
2. If this condition is not met and there are trades on. Close all trades at the end of the day GMT.
Buy signal 3
A trader will buy when you observe ALL of the following
1. Fibonacci pivot moves down or up for new day - this is irrelevant AS
2. Fibonacci Resistance 1 moves down for new day
3. Fibonacci Support 1 moves up for new day
4. Price hits Fibonacci Resistance 1 (upper green line). It only has to touch it. If a trade has been placed and touches it again the trader does not take another trade. There should only be 1 trade at one time. Not 2, 3, 4 etc.

Buy signal 4
A trader will buy when you observe ALL of the following
1. Fibonacci pivot moves down or up for new day - this is irrelevant AS
2. Fibonacci Resistance 1 moves up for new day
3. Fibonacci Support 1 moves down for new day
4. Price hits Fibonacci Resistance 1 (upper green line). It only has to touch it. If a trade has been placed and touches it again the trader does not take another trade. There should only be 1 trade at one time. Not 2, 3, 4 etc.


Sell signal 1,2,3 and 4 are the opposite of buy signal 1,2,3, and 4

Compétences : Metatrader

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Concernant l'employeur :
( 15 commentaires ) Northwich, United Kingdom

Nº du projet : #10078927

Décerné à:

MarceloAptrafx

Hi, Please contact me here for I be able to send you my cover letter and discuss about your project Best Regards Marcelo

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zergos

Hello. Please clarify your needs to estimate project difficulty and price. Feel free to ask my anything about Metatrader experts, this is my primary skill.

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