Need This EA - Willing To Pay

Just wondering if someone would be willing to tackle this EA based on this system? I would be willing to pay for your services if needed.

http://www.forex4noobs.com/forex-tools/dbo-basic.php

Basically, automate the whole process with 20 pip S/L with possible trailing stop.

Please let me know if you have any questions.

Thanks in advance.

I tried reading that strategy, It's not very well explained. Do you place a buy orer 30 pips above previous day's high and a sell 30 pips below the low?

Mr.Jingles,

I'm an MQL4 programmer

I just sent you a PM. If you're keen, lets take it forward

Cheers
Manoj

Ok heres my effort.

67% win rate? I don't think so.

You might get some luck with a trailing stop. Play round with the settings maybe you'll come up with something that works in the future.

BTW it worked for past 2 days so maybe that's a good sign.

run on 1M chart ONLY.

If theres any errors plz tell me.

Hey FrinFX,

Is this an EA or an indicator? I don't see the mq4 file.

It's an EA. I don't want to give out the .mql4 file,


Put it in your experts folder, run some backtests, click "open chart" to make sure its following the rules.

Im pretty sure it works according to your rules. you can adjust the parameters such as the maximum range, so if you don't want it to trade if the daily range for the previous day is < 300 change it from 200 to 300.

etc.

The parameters should be self-explanatory. I'm pretty sure it works according to your spec, but as I said before nothigh near 67% win rate.

Actually you said use 10% of daily range for TP, that typically equates to about 20-30 pips, so your using a Stoploss which is greater than your target.

I was excited about this one too...