I have been trading on OANDA for years but am new to Autotrading platforms. I want to write an EA that will do the following but I have no idea where to start:
Thanks in advance and happy trading!
Hi Anton,Getting the system coded by a freelancer here for mt4 is relatively simple and would be inexpensive, $100 for something so simple. Hooshang there has been good to me on a recent job.MT4 will allow u to input whatever lot size u want...or am I missing something ? Why the MX amount of micro lots..why not one later order? and why the MAX, u leave urself no room for pullback if u use every bit of margin, I must be missing something.
I say mt4 v MT5 coz its more commonly used and more likely ur going to be getting better pricing on spread/vol commiss. Me not much idea about Oanda cept to say its my belief MT4 auto trade system are more commonly/easily built.
You say ticks, but in brackets 1 second bars, which is it......there can be multiple ticks in 1 second, and different feeds have greatly varying amounts of ticks. Surely such a system would have be tested and traded on tick data versus 1 second bars wouldn't it ? With 1 seconds bars u have so less data points of reference, much easier to curve fit and create profitable backtest...where as in real life its every tick you are dealing with....I used to build 1min and 5 min bar open systems but have moved away from it because of reason above.
You are going to want a good broker with genuine no spread markups or dodgy mt4 server side slips trading tick.Interesting and simple concept, I like it....if it works, good luck :) Cheers, Adam