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MetaTrader 4 Custom EA

This EA will trade off the Fractals INdicator and use 5 time frames to determine directional bia (Monthly, Weekly, Daily, 4 Hour, and 1 Hour). I will try to cover everything in here but if you have a question send me a message.


Hopefully you know how Fractals work in Forex and MT4 but, in case you don't I will provide some background. Imagine we have a 1hr GBPUSD chart loaded with Fractals. Only the most recent upper and lower Fractal matter. The Fractals are just swings in price so an upper fractal should be a high, and a lower Fractal should be a low. Let's say the most recent upper Fractal is [url removed, login to view], and the most recent lower Fractal is 1.5950. If price trades above the most recent upper Fractal ([url removed, login to view]) then that Fractal is broken and directional bias is long/buy. If price were to go lower than [url removed, login to view] then directional bias would be short/sell.

***At all times either a lower or upper Fractal is broken so there should be a clear directional bias for each of the 5 timeframes at all times***

If at any moment all 5 timeframes come into agreement (all long or all short) then we place 1 trade risking 1.5% of current account balance in that direction with a 30 pip minus spread (typically 3-4 pips) stoploss.

I'd like this to be customizable: At "X" number of pips remove "Y" portion of trade and set stop to "Z" number of pips (0 for breakeven). Example, at 30 pips profit, remove 10% of current trade, move stop to breakeven.

There is a maximum amount of risk of 1.5% at any given time. Key point here though, Once a trade has had its stop moved to breakeven consider the current risk (of that trade) 0% and allow for another entry. There is no maximum for an open amount of trades, just a limit to the number of trades open with risk (1).

I would also like to have a customizable take profit that I can change.

I would like the EA to place a green horizontal line at the price of any long taken, and a red one for any shorts taken. Whenever a trade is closed remove that trades line.

In the middle left of the screen I would like the EA to display this table (with the ability to change the font color):

Average Price Bought/Sold:

Current Amount of Pips in Profit:

Current Amount of Lots in Profit:

Combined Total Profit of Open Positions:

Current Direction of all 5 timeframes:

Trade # Long/Short Price Entered

1 Long [url removed, login to view]

2 Long [url removed, login to view]


I think that is everything. The programmer MUST be able to include ALL features including customization

Færdigheder: Metahandel

Se mere: use case include example, red point, horizontal line example, fractals indicator, fractal mt4, forex trades, account closed, weekly limit, question 4, metatrader 4, fractal, ea, ea mt4, ea indicator, d custom, custom font, buy 4, custom amount, buy sell indicator mt4, mt4 open trade example, spread chart, chart forex, stop mt4, metatrader color change, chart line

Om arbejdsgiveren:
( 2 bedømmelser ) levittown, United States

Projekt-ID: #995195

Tildelt til:


Please check PMB

$300 USD in 5 dage
(11 bedømmelser)

12 freelancere byder i gennemsnit $288 for dette job


I'm ready to get started immediately. Please see PMB for details.

$250 USD in 2 dage
(55 bedømmelser)

Please check your PMB

$300 USD in 3 dage
(140 bedømmelser)

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

$250 USD in 5 dage
(143 bedømmelser)

Hello there- I would like to provide my MQL and Metatrader experience to work on this Expert Advisor in a way to meet all of your requirements perfecrtly as you described in the EA description. In such a case i mig Mere

$250 USD in 6 dage
(77 bedømmelser)

Hi, I am willing to help you. Thanks, trivietsales

$300 USD in 6 dage
(15 bedømmelser)

Dear Sir, I have extensive experience in the assembly of such EA, I'm ready to take on this project immediately.

$400 USD in 5 dage
(42 bedømmelser)

Please check your PM regarding my bid details.

$250 USD in 5 dage
(67 bedømmelser)

I can do it. Kindly Check PMB please. Thank you.

$250 USD in 3 dage
(9 bedømmelser)

Hi, ready to start now! Please see PM for details.

$300 USD in 7 dage
(1 bedømmelse)

Hello, please, check the PM, regards, Alex.

$350 USD in 5 dage
(7 bedømmelser)

Polish student of computer since with experience with MQL

$250 USD in 5 dage
(0 bedømmelser)