M5 Trend-Pullback System - Mql5 : Job Details

Read the Rules before you post an order or execute it

Strategy Brief for M5 Trend-Pullback System (for MT4 platform)

This is an M5 (5-minute chart) trading strategy designed to capture intraday trend-continuation setups following well-defined pullbacks. The system relies on a combination of trend filters, momentum confirmation, and structure-based risk management. It is suitable for any volatile trading instrument.

Exponential Moving Averages (EMAs)

Slow EMA: default 100

All EMA periods must be adjustable via input parameters.

Relative Strength Index (RSI)

Signal threshold: 52 (for longs) / 48 (for shorts)

RSI period and trigger thresholds must be user-configurable.

MACD Histogram

Standard MACD (defaults: 12, 26, 9)

Used for identifying strong pullbacks (outlier histogram bar condition)

MACD parameters must be fully customizable via input.

Entry Conditions

Long Entry:

Trend Filter:

Medium EMA > Slow EMA

Pullback Confirmation:

At least one MACD histogram bar below zero and greater in absolute value than previous 3 bars

RSI crosses up through user-defined upper threshold (default 52)

Optional Candle Filter:

Price closes above fast EMA

Entry:

Enter long on next candle open or via Buy Stop just above signal bar

Short Entry:

Trend Filter:

Medium EMA < Slow EMA

Pullback Confirmation:

At least one MACD histogram bar above zero and greater in absolute value than previous 3 bars

RSI crosses down through user-defined lower threshold (default 48)

Optional Candle Filter:

Price closes below fast EMA

Entry:

Enter short on next candle open or via Sell Stop just below signal bar

Placed a few pips beyond the swing high/low of the pullback, or

ATR-based stop (e.g., 1.6 x ATR) – ATR period and multiplier should be user-configurable.

Take Profit

Optionally: enable trailing stop after price reaches 1R profit

Break-even Logic

Move stop to breakeven after reaching 1R (optional, user-toggle)

Max Trade Duration

Optionally close trade if open beyond X bars (user input)

User-defined risk per trade (% of balance or fixed lot size)

Optional daily max loss limiter (in % or number of losing trades)

User Input Summary (to be implemented by coder):

EMA Fast, Medium, Slow periods

MACD fast/slow/signal periods

ATR period and SL multiplier

Enable trailing stop [true/false], trailing method (optional)

Break-even toggle [true/false]

Daily loss limiter (percentage or # of trades)