109 lines
5.2 KiB
Markdown
109 lines
5.2 KiB
Markdown
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# One Shot Gold
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Job Status: Finished by other person, but this job is worth to be implemented.
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Budget: 30+ USD.
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## Specification
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Platform: MetaTrader 5 (MQL5) Main Symbol: XAUUSD (Gold) – but adaptable to other pairs Strategy: Place Buy Stop / Sell Stop pending orders at or near the top/bottom detected within the last 50 candles (updated default), combined with smart news filter and virtual stops.
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1. Detection & Pending Order Placement Logic
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Automatically detect Swing High (top) and Swing Low (bottom) within the last 50 (Customize) candles (using Fractals, ZigZag, or highest/lowest price within the period).
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Sell Stop: Placed below the most recent Swing Low (with an optional offset, e.g., -3 to -10 pips to avoid fake breakouts).
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Buy Stop: Placed above the most recent Swing High (with optional offset, e.g., +3 to +10 pips).
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Support OCO (One Cancels the Other): When one pending order is triggered, the other is automatically deleted.
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Pending Order Expiration: Auto-delete after X hours (default 24 hours or 0 = no expiration).
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Signal Confirmation (to reduce false entries):
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Confirming candle close (bullish candle for Buy Stop, bearish for Sell Stop).
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Optional: Multi-timeframe confirmation (H1 signal must align with H4/D1).
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Optional: Momentum filter (e.g., RSI >50 for Buy Stop, <50 for Sell Stop).
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2. Risk & Position Management
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Automatically calculate lot size based on % risk per trade and SL in pips. Formula: Lot = (Account Balance × Risk%) / (SL_pips × PipValue per lot)
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Maximum simultaneous orders/pendings: Default 1–2 per symbol.
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Maximum daily loss (%): Stop all trading if loss exceeds the limit (e.g., 3–5%).
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Maximum weekly loss (optional).
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3. Order Management (SL / TP / Trailing)
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SL: 40 pips (calculated from the actual entry price after pending activation).
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TP: 200 pips (from actual entry price).
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Trailing Stop: 30 pips (starts after +30 pips profit, moves in steps).
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Advanced options:
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Trailing based on ATR (e.g., 1.5 × ATR(14)).
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Break-even: Move SL to entry or +X pips after Y pips in profit.
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Automatically adjust for broker digits (2/3/4/5 digits).
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4. News Filter (Fully integrated in MQL5 code – no DLL)
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Enable / Disable completely.
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MinutesBeforeNews: Allow placing pending orders X minutes before news.
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MinutesAfterNews: Avoid placing new orders or cancel pending X minutes after news.
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Filter by news impact: Weak / Medium / Strong / Optional (selectable per level).
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Currency filter: Only block news relevant to XAU or USD (for XAUUSD).
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Spread protection during news window: Skip if spread > X pips.
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Option: Completely skip high-impact / strong news.
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5. Hide SL/TP/Trailing (Prevent broker stop hunting)
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Virtual mode (EA manages closing internally – no real SL/TP sent to broker).
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Draw colored lines on chart for monitoring:
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Red: Virtual Stop Loss
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Green: Virtual Take Profit
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Yellow/Orange: Virtual Trailing Stop
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Input to enable/disable hiding and drawing lines.
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6. Execution Protection
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Max slippage allowed (points): e.g., 3.0–5.0.
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Max spread allowed (points): e.g., 2.5–4.0 for XAUUSD.
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Check spread + slippage right before placing pending order.
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Skip order if limits exceeded.
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7. Additional Features
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Unique Magic Number + Comment (e.g., "ReversalStop_XAU").
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Detailed logging: To file and chart comments (reason for pending, upcoming news…).
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Alerts & Notifications: Push notification / Email / Telegram when:
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Pending order placed
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Pending triggered → position opened
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Order closed (profit/loss)
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News approaching
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Daily loss limit reached
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Time filter: Only place pending orders during high-liquidity sessions (London + New York).
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8. Main Input Parameters (Updated)
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| Group | Parameter | Description | Default |
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| --- | --- | --- | --- |
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| General | MagicNumber | Magic number | 202509 |
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| | MaxSpread | Maximum spread (points) | 10 |
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| | MaxSlippage | Maximum slippage (points) | 30 |
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| Risk | RiskPercent | Risk % per trade | 1.0 |
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| | MaxDailyLossPct | Max daily loss (%) | 4.0 |
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| | MaxOrders | Max simultaneous orders/pendings | 2 |
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| Entry | SwingCandles | Number of candles to detect top/bottom | 50 |
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| | OffsetPips | Offset distance for pending (pips) | 5.0 |
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| | UseMTFConfirmation | Use multi-timeframe confirmation | true |
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| Pending | PendingExpirationHours | Cancel pending after X hours (0 = no expiration) | 24 |
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| | UseOCO | One Cancels the Other | true |
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| SL/TP/Trailing | SLPips | Stop Loss (pips) | 40 |
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| | TPPips | Take Profit (pips) | 200 |
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| | TrailingPips | Trailing Stop (pips) | 30 |
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| | UseBreakEven | Enable break-even | true |
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| | BreakEvenAfterPips | Move SL after X pips profit | 50 |
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| News | UseNewsFilter | Enable news filter | true |
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| | MinutesBeforeNews | Minutes before news | 15 |
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| | MinutesAfterNews | Minutes after news | 30 |
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| | MaxNewsImportance | Max allowed news impact (1=low, 2=med, 3=high) | 2 |
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| Visual / Hide | UseVirtualStops | Enable virtual SL/TP/Trailing | true |
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| | DrawLines | Draw colored lines on chart | true |
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## References
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[Break Out EA MT5](https://www.mql5.com/en/job/246753)
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