Specification
Hi community,
I am looking for a quote for an Expert Advisor.
The EA I want is going to do a following set of things:
- Allows a user to set
- the range where orders would be sent;
- The lot size;
- the number of orders to be sent within the above-specified range;
- PT pips;
- LC pips;
- Trailing (True or False);
- Close all orders depending on its free margin/margin level (True or False);
- If 7 is true, then what is the closing margin / margin level;
- Trade when the trend is unfavourable (True or False);
- If 9 is true, then how many pips should EA wait to re-start ordering;
- Since the price range and the number of orders are set, this makes all orders somehow defined in terms of at what price the order is open. The EA repeats it when the order is closed either by the PT or LC.
- Since PT is pre-defined, (in case EA is set for buy) the buy limit order would be set at the same time when the buy position is taken (or when buy order is sent to a broker).
For 1-9 and 1-10, let's say we set the EA for buy. When the price goes down rapidly, the EA may hold a position that is hard to close (grabbing the high price). To avoid it, EA will only open a position when the market price went down and came up again with the pips difference greater than that of defined in 1-10. If we set 100 pips in 1-10, then the market price must go down more than 100 pips and come back to the set price for buy order. This would prevent EA to keep opening buy positions when the market price simply sinking straight. Programming wise, perhaps EA can check when the market price reaches 100 pips down from the desired price for buy, you open the buy position. I know it sounds a bit wired and you may wonder why I always want to open a position at higher price than the marker price and you may also think I would miss the chance of opening a buy position when the market price grasps the desired price for buy. However, I think this logic makes it safer and I can adjust the pips difference to see the best performance.
Let me know what you think! I'll go with the best offer - both price and flexibility and durability. I have already an offer that is set as maximum but wanted to see other offers to compare.
Best