CREATE A ROBOT/EA USING 2 PRICE POSITIONS AT HIGH AND LOW PRICE POINTS TO ACTIVATE BIDS

MQL4 Experts

Job finished

Execution time 14 days

Specification

Hello,


I am seeking for a professional and immediately available programmer to help me create a Robot/EA according to the below specification.



At Beginning of Month, set the 2 Price Positions, Irrespective of where the current market price is.  

Normally Current Price (CP) should be in between the 2 lines/ Prices.

Then if CP goes to the top, it should activate a BUY at the price. If it falls, it should activate a SELL

Once the first bid has been activated at TOP, it will then start to activate BACKUP bids at lower lot sizes below the TOP Price until it gets to the LOWER position/Price.

AT the LOWER Position, All bids will be closed and the Lower position will activate a New (SELL) BID for the new direction for the rest of the period.

The same thing will happen to the Low position (SELL BID) if the market reverts back upwards as it will activate BUY bids until it gets to the HIGH Position.

 

i will set variables as follows:

 

High or BUY price position

Low or SELL Price position

Gaps (Difference in price between position) for reversal bids once the bid has activated on the High or Low positions.

Lot sizes of reversal bids will be set and must be lower than the HIGH/LOW position lot sizes

 

 

if any first bid activates and price moves above the start line, it should activate a Sell position of backup at the start price.

Once the start bid is closed all other bids relating to it will be closed as well.

A Take profit option can be inputed to allow the EA take profits if market reverts back to a certain % of profits

If A TP option comes into effect, then the robot should change the position below the TP at HIGH or above the TP at Low

A maximum position/ gap will be set for each side so that once it gets to that level, it wont take any new bid again for the period

 

 

So in summary the way the robot will operate is this.....

It starts the activation with 2 price positions at the high and low of current price.

It activates the first bid when the current price reaches either of the 2 start positions/ prices

Once the first bid activates, it calculates backup bids at the reversal of the start price.

It takes into consideration certain gaps between the start position and the opposite price at beginning

It takes reversal bids to the Opposite price if market reverts back to the opposite side.

It closes all bids to start a new position if price reaches the opposite limit set at beginning.

Same condition will apply again once the first new bid activates

All backup bids will close if the market moves back to the previous backup position

No new bid will activate again once the maximum gap has been achieved towards the market direction

Maximum gap is calculated from the start position/prices towards the market direction.

 

Please Note

I want only serious and immediately available programmers as time is essential.

I will have the following as it relates to the EA

- Source code

- Ownership and Copyright of code

- EA should have a Password input

- I will need as much as 3 weeks to test the accuracy of robot before finalizing payment

- Robot should be usable on any product, currency, indices or stock 


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Project information

Budget
30+ USD
VAT (23%): 6.9 USD
Total: 36.9 USD
For the developer
27 USD
Deadline
to 10 day(s)