Specification

Hello I am a Forex and commodities trader. I just need a very simple algorithm or a bot. I want a bot which should activate a hedging trade after the market crosses the price against my trade. I need a hedging bot which will hedge same number of lots if the trade goes against me automatically. Since markets are volatile, so if market comes back in my favor, the hedging should automatically be closed also. For example, I have bought 2 lots of gold at 1600 and the market comes down to 1598, the hedging should be activated when the price goes opposite to 1600 at 1599.70 . And if price rebounds back towards 1600 and crosses back 1599.70, the hedging should be automatically deactivated. This should happen every time the price crosses below 1600 whether  it happens 1 time or 10 times due to volatility so the bot should automatically trigger hedging trade with same number of lots. I don't need trailing stops, stoplosses, nothing more then that what I have explained above.

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Project information

Budget
40 - 48 USD
Deadline
to 3 day(s)