Scalping EA based on price retracement by using only one indicator and very few risk controls

Specification

Looking for a coder who has experience of doing such a job.

The job involves creating a tick trader for any CFD symbol (not necessarily forex, it could be index, bonds, commodities, stocks or futures for both hedging and netting ) entering buying and selling with using only one indicator plotted with Fibo scale percentage that can be changed by the user. 

ADR of Chart  TF based on Daily Average of xxxx previous M15 closed candle will supply the inputs in xxx% or Pips distance .

Time for calculation of ADR starting : YYYY-MM-DD and Daily HH: MM: and any of TF of M1, M5, M15, M30 or M60

Open and exit positions

1. Enter/Exit/Hedge Lock by Pending order / or Current Price order -- based on (a) Pips distance or (b) Open of TF or (c) open by Time HH:MM:SS

for Long, Short , Hedge (hedging platform only)  

2. Trading method

Entry

Buy from Top or Sell from top : 

ADR -Fibo indicator  or Manual Pips distance input calculated from close of by the previous ADR triggers Entry

Buy at bottom or Sell at bottom: 

ADR -Fibo indicator  or Manual Pips distance input by the user triggers Entry

Reversal

Apply Hedge (for hedging platform) for floating positions:  ADR -Fibo xxx%  or Manual Pips distance xxxxx input by the user to activate Hedge for pullback

Lock Release (for hedging platform) for maximum of 4 positions  Alert be given when 4 positions are filled. 

Exit 

3. Exit by TP, SL, or close of TF, close of Time HH:MM:SS for netting platform

4. Exit by TP, or by applying Lock Release (if Hedge lock is applied)   or close of TF, close of Time HH:MM:SS for netting platform

Risk control:

Equity Close with loss: All Floating positions are closed

Equity Close with Profit: All Floating positions are closed

Equity Protect: A few floating positions remain with Equity protect working as Equity Close when floating positions start losing.





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Project information

Budget
30+ USD
For the developer
27 USD
Deadline
from 4 to 8 day(s)