Implement trading robot for BTC-e broker

Hello world!

We’re looking for a developer skilled in MQL4 to implement a robot for automated trading.

Background

There’s a cryptocurrency exchange called BTC-e. There’s also a broker, who partnered with BTC-e to provide access to their exchange via MetaTrader4. The broker executes the orders placed via MT4 himself: these orders don’t appear on BTC-e. However, the broker takes current bid & ask prices from BTC-e. That means we can control the bid & ask prices by placing fake orders for 0.00000001 BTC on BTC-e. That means we can profit from broker by placing an order via MT4, and then triggering it’s opening and closing by placing fake orders on BTC-e.

Main loop

1. Start monitoring bid-ask spread on BTCUSD symbol.

On spread change

1. If spread is more than 0.005, execute “scalp”.

Scalp

1. Place an order with MT account:

1. Type: “limit”

2. Action: “sell”

3. Amount: (constant from config)

4. Limit: (MT sell price) - (MT minimal price step)

5. Take-profit: (MT buy price) + (MT minimal price step)

6. Stop-loss: (MT sell price) + 20 * (MT minimal price step)

2. Place an “open-trigger” order with BTC-e account:

1. Type: "limit"

2. Action: "buy"

3. Amount: (BTC-e minimal order amount)

4. Limit: (MT order limit price)

3. Wait for MT to open the order.

4. Place a “close-trigger” order with BTC-e account:

1. Type: "limit"

2. Action: "sell"

3. Amount: (BTC-e minimal order amount)

4. Limit: (MT order take-profit price)

5. Wait for MT to close the order.

6. Log the result (and celebrate, if we’ve just successfully executed an order! :) )

Interested in this opportunity? Send a message answering the following questions:

• Have you implemented similar bots before? (it would be great if you could attach your code samples)

• How much will it cost?

• How long will it take?