Specification
Looking for someone to build an EA using MQL4 for the 3m/5m timeframe on major forex pairs as well as us30, S&P 500, Nas100 indices
EA must use basic bollinger bands and logic behind the Momentum Squeeze and VFI indicators found on tradingview which were created by LAZYBEAR.
EA must be able to enter long trades when Momentum Squeeze indicator turns from bright red to light red + when VFI is above zero + when bollinger bands are widening/already wide (high volitality)
EA must be able to enter short trades when Momentum squeeze indicator turns from bright green to light green + when VFI is below zero + when bollinger bands are widening/already wide (high volatility)
EA must be able to enter long trades when Momentum Squeeze indicator turns from bright red to bright green when VFI is above zero + when bollinger bands are widening/already wide (high volitality)
EA must be able to enter short trades when Momentum squeeze indicator turns from bright green to bright red + when VFI is below zero + when bollinger bands are widening/already wide (high volatility)EA must be able to use trailing sl based on parabolic sar indicator
EA must be able to use logic in order to ensure only one trade is open at any given time
EA must be able to ensure an 2% risk of account balance on all trades (lot optimizing)
EA must be able to implement initial sl at the lower/upper bollinger bands depending on when short or long
EA must be able to close 75% of open trade size when profit is 1.0 times the initial sl size and allow other 25% to run until sar based sl is hit or indicators display inverse signals
EA must be able to close long positions when VFI goes under zero, close short positions when VFI goes above zero
EA must also be able to close open trades when momentum squeeze indicator illustrates price going in opposite direction
All trades should be entered as per the close of candles and in accordance to indicators
All trades should be closed as per the tick in accordance to indicators
Max 10% total loss per day
Please send a message for clarification/suggestions or for negotiation
Both descriptions of non basic indicators to be used as well as their code are provided in the links below. Momentum Squeeze indicator is already coded in MTF
https://pastebin.com/ZFpNuFfB
https:// www.tradingview.com/script/nqQ1DT5a-Squeeze-Momentum-Indicator-LazyBear/
https:// www.tradingview.com/v/nqQ1DT5a/
Higher payment must be rationalized
EA must be fully functional before full funds are transferred