Spezifikation
current EA missing some trading constraints, such as specific triggering constraint, trailing stop loss, close trade when X or Y are signaled, alerts...
will provide my current code for reference (if needed) and backtest log
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I have been creating EA for a short time but olny have achived simple robots and they lack of the constraints I need to have. Need an expert to support my amateur coding.
The EA should work on the following
- intraday basis
- from 5 minutes to 1 hour
- use moving averages and oscillators to execute trade
- MA triggered by crossing
- oscillators triggered by OB/OS or middle line (0)
- only one trade at a time
- use money managment for lot sizing (editale in order to increse/decrease accodring to risk appetite)
- use trailing stop loss
- close order when signals invert or momentum loss (allowing to enter another in the opposite direction)
- takeprofit when certain signal is given (could prescind of this if trailing stop loss work optimaly)
- alert on the platform and via email when a trade is executed (open & close)
- should have trading hours restriction
I found out that many trading opportunities are missed due to the missing constraints of closing trade when market reverses and have huge drawdowns. I know this code could be optimized with some trading constraints that would ultimately benefit the bottom line.