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Simple EA based on SUPDEM indicator and R ratios

Build an EA (Expert Advisor) based on the open source SUPDEM indicator that I have attached.

The indicator basically draws supply zones as rectangles above current price a demand zones below current price. When zones are broken, they will disappear.

You will probably need to study a bit the indicator in order to understand how the EA can interact with it.

The GENERAL RULES for the EA strategy are:

• M15 timeframe ONLY

• Supply/Demand zones timeframe is always M30 (supdem-indicator parameter must be set correctly inside the EA)

• If Price is at Supply level, only SELL order allowed.

• If Price is at Demand level, only BUY order allowed

• Only 1 opened trade is allowed per zone (but if a trade reaches its target and closes, the same zone can be used for another trade)

• STOP LOSS is placed with the order if allowed or immediately after if ECN-broker.

• TAKE PROFIT is placed with the order if allowed or immediately after if ECN-broker.

I will provide additional details about buy/sell signals and the trade management rules by PM.

Thanks.

Skills: Metatrader

See more: html based simple projects, home based simple jobs, web based simple inventory, indicator end, based macd indicator, custom stop loss, metatrader stop loss indicator

About the Employer:
( 4 reviews ) Bangalore, India

Project ID: #11818971

8 freelancers are bidding on average €121 for this job

pitpiter

Hello. My name is Peter. I'm professional IT engineer. I've been working on Forex for the last 7 years. I'm very well familiar with MT platform and MQL, can provide you with codes which were written by me. I read th More

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matharpa

Hi, I am expert in making EA and CI for MT4. Check out my website : [url removed, login to view] Here is also my link in odesk: [url removed, login to view]~~a3e6d449ed3957da You can also see my re More

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JackRh

Hello, All the details stated in the specification are clear, yet would need to closely check out the indicator. The indicator have not been attached in the project page as it seems. Please kindly send us the indica More

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buildorbust

I can help you do the job in the shortest time . I will do the work of a very high quality. With best regards Igor.

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nhasan

Hello, I can help you to build this EA. I am working on MQL for long time and build many expert advisor based on signal from indicator. But most of the publicly available indicator can show stable signal on current can More

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FXB2009

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janagamsripurna

I can start ur work immediately. I have 10 years experience in coding and development. I'm expert in writing programs in JAVA, .NET, C, C++,C# I have experience in hadoop,python coding,raspberry Pi django PHP A More

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consultantcae

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