MODIFICATION OF AN EXPERT ADVISOR TO WORK ON OTHER CURRENCY PAIRS AND ALSO TO ADJUST THE LOT SIZE AUTOMATICALLY

2019.06.13 Indicators Experts

Specification

I want my EA to trade 0.01 lot when my balance is Equity <= US$500

Equity(US$) Lot

> 0 <= 500 0.01

> 500 <=1000 0.02

> 1000 <=1500 0.03

> 1500 <=2000 0.04

> 2000 <=2500 0.05

> 2500 <=3000 0.06

> 3000 <=3500 0.07

> 3500 <=4000 0.08

> 4000 <=4500 0.09

> 4500 <=5000 0.10

.....

ETC

OLD STRATEGY

If Closing price of Candle2 >Opening price of Candle2

Place a buy limit order @ the LOW of Candle1.

If Closing price of Candle2<Opening price of Candle2

Place a sell limit order @ the HIGH of Candle1.

If Closing price of Candle2=Opening price of Candle2:

CREATE Another variable "CandleX" = Candle competely formed or will form after "Candle2" Then

REPEAT:

If Closing price of CandleX >Opening price of CandleX

Place a buy limit order @ the LOW of Candle1.

If Closing price of CandleX<Opening price of CandleX

Place a sell limit order @ the HIGH of Candle1.


MODIFICATION:

EA should execute direct correlated trades on GBPJPY, GBPCHF AND GBPAUD  and Inverse correlated trades on EURGBP But should still rely on GBPUSD.

For example if buy signal then buy limit will be placed at the LOW of Candle 1' on chart2 equally if its a buy signal for Chart1 then it should execute a sell signal on EURGBP since the correlation is inverse.



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Working

Project information

Budget
30+ USD
Deadlines
to 10 day(s)

Customer

Placed orders4
Arbitrage count0