Pyramid stratgy on Moving Average signals Expert Advisor

Job finished

Execution time 10 hours
Feedback from employee
First excellent job. Hopefully work with you again. Thanks.
Feedback from customer
Great developer! Fast work and accurate results. Understands requirements very well. Recommanded!

Specification

Hi there coders, appreciate anyone's help with this paid task.

I will like to create EA for entering market on 2 MA lines cross over for buy and sell signals. EA will add on lots to winning positions(pyramid strategy).
The idea is to cut short losses, hit stoploss or breakeven and move on to next trade. Let profits run and even add on lots to winning positions. 


Market Entry:

EA will enter the first position on the MA crossover signal based on the user input lots (or optionally to use MM). There will be a stoploss set together with the first entry. The EA will not have martingale available( i do not need it).

Buy entry:
EA will enter a buy position upon the fast MA crossing below the slow MA. At the same time, EA will set buy limit by the grid space(in pips) above the entry position (pyramid strategy) . How many levels of buy limit orders to set will depends on the input of user.

EA will set a stoploss on the first buy entry based on user input in pips. Subsequent limit orders will not have a stoploss.

Sell entry:
EA will enter a sellposition upon the fast MA crossing above the slow MA. At the same time, EA will set sell limit by the grid space(in pips) below the entry position(pyramid strategy). How many levels of sell limit orders to set will depends on the input of user.

EA will set a stoploss on the first sell entry based on user input in pips. Subsequent limit orders will not have a stoploss.

Losing positions:

Once position hits stoploss, it will close all open positions and wait for the next MA crossover signal to enter a new position.
There is no martingale. No need to include the need to add on lots for losing trades features.

Winning positions:

As the EA already set the levels of entry limit orders in place, more lots will add on to the winning position as the limit orders are hit(position will increase as the EA catches the correct trend).

Trailing stops can be activated. Trailing stops can be set by user input. Once a winning position hits trailing stop, EA will close ALL current running positions and take profit. Trailing stops for buy positions will close all buy positions and trailing stops for sell positions will close all sell positions(if hedging is activated).

Break even:

Option to turn on break even for all buy positions or all sell positions.
Break even for all buy positions: As lots are added on current winning positions, EA will set stoploss to break even price of average of all the buy positions added up.
Break even for all sell positions: As lots are added on current winning positions, EA will set stoploss to break even price of average of all the sell positions added up.

Handling conflicts of trailing stoploss and breakeven levels:

As there are 2 events that are controlling the same stoploss level,there seems to be a conflict.
- Trailing stopless will control the stoploss level
- Breakeven level will also control the stoploss level
Solution: Just let the EA trigger whichever events currently comes first. We can discuss more if you are not sure.


EA inputs:

- Fast MA
- Fast MA mode
- Slow MA
- Slow MA mode
- Lot size or MM (0 for MM in %)
- Stoploss in Pips (0 to disable, or put option to enable and disable)
- Takeprofit in Pips (0 to disable, or put option to enable and disable)
- Trailing Stoploss in Pips (0 to disable, or put option to enable and disable)
- Average buy positions breakeven (True / False)
- Average sell positions breakeven (True / False)
- Number of pending buy limit orders
- Number of pending sell limit orders
- Hedging positions - Allow buy and sell orders at the same time?(True / False)
- Start Hour - Start trading hour
- Start Min - Start trading min
- End Hour - End of trading hour
- End Min - End of trading min


I am open for advice, maybe other indicators has better win rate than moving averages?




Responded

1
Developer 1
Rating
(8)
Projects
16
0%
Arbitration
8
13% / 75%
Overdue
3
19%
Free
2
Developer 2
Rating
(15)
Projects
16
19%
Arbitration
2
0% / 50%
Overdue
1
6%
Free
3
Developer 3
Rating
(169)
Projects
204
30%
Arbitration
25
40% / 44%
Overdue
12
6%
Free
4
Developer 4
Rating
(88)
Projects
126
34%
Arbitration
13
38% / 31%
Overdue
31
25%
Free
5
Developer 5
Rating
(586)
Projects
1045
49%
Arbitration
39
28% / 41%
Overdue
49
5%
Free
6
Developer 6
Rating
(34)
Projects
60
23%
Arbitration
11
73% / 9%
Overdue
3
5%
Free
7
Developer 7
Rating
(62)
Projects
84
26%
Arbitration
22
23% / 45%
Overdue
23
27%
Working
Similar orders
Hello man.Good afternoon and how are you doing? Based on own discussion I will like develop NT8 trading bot based on the strategy I sent to you . Kindly bid for the job and let start . Thanks
In search of a dev who can develop an EA that executes buys on Boom and sells on Crash after a Spike. Need to be able to specify TP and SL
Please I need a profitable EA with any of the following criteria; Hedge Trading Hedging trades is permitted however, hedging separate accounts against each other (known as Wash Trading) is not permitted and is a direct violation of the OnlyFunds’ Terms and Conditions. Wash trading is illegal and considered to be fraudulent, as it undermines the integrity of financial markets. Swing Trading Swing trading is
Looking for a developer of profitable EA tested for over 2 or more years time history of profits with investors read me only access as proof of usage. MT4 or MT5
Adjust MY Hedging EA 30 - 40 USD
1. Need averaging TP for my hedging EA. (Close both Buy and Sell position with TP) 2. Add function auto/manual entry. (EA will entry based on manual position(placed by trader) or auto trade based on existing setting)
Create an EA zigzag 40 - 80 USD
Zigzag EA sends notify on MT4 mobile app indicator have 2 Conditions all are explained in the pictures accurately and clearly https://drive.google.com/file/d/10Y6SrvC2A7RTT_baAJ7vOKytTDaUvRRQ/view?usp=sharing Warning: Do not send me a notification if your offer is higher than $ 100 because I did the project twice for less than $60 And I want to do the project now because there are mistakes on my part that I want to
News field 30+ USD
I am in need of a custom EA news filter for my trading platform, and I believe your expertise in this field can greatly assist me. Below are the specifications for the filter: 1. It should be implemented as a boolean function, returning either true or false. 2. The filter must automatically detect currency pairs. 3. Three hours before and after any significant news events pertaining to each currency in the pair, the
Hello, I would like to ask who would perform a backtest + optimization on my existing EA ? The EA works mainly on two pairs. Thank you for your reply. Sincerely Martin
I need Spike DETECTOR EA for Boom and Crash.. which will send me notification or alerts when spike is near. The EA should also be able be buy on crash Index and sell on Boom Index depending on the market..Demo may be provided for faster execution of my order
ODSMART EA 30 USD
I want an EA developed from this strategy that will buy and sell based on the appearance of these colours. Blue-buy (Enter when the signal indicator is at zero on the blue background) Red -sell( Enter when the signal indicator is at 100) White and brown, exit trade

Project information

Budget
40 - 50 USD
For the developer
36 - 45 USD
Deadline
from 5 to 14 day(s)