Job finished
Execution time 42 days
Specification
- EA is multicurrency pair EA (we need to discuss the best approach whether to build it for single pair or multi pair EA that scan basket of currency pairs)
- EA follows simple martingale system. The EA will place a real trade in the market once certain number of pip movement is happened in one direction for a currency pair
- Example EA will only place a real trade in the market for EURUSD if the pair will move 40 pips up or down
- Until 40 pip movement is reached EA will place dummy trades that will be displayed in "Expert" tab of MT4
- Dummy trading will work same as real trading e.g. for TP new trade opening etc.
- Scanning pairs: EA will scan all currency pairs listed for counting pip movement
- Dummy trades: EA will place dummy sequence of trades (that will appear in expert tab in MT4) for the purposes of counting pip movement
- Market entry: Once the desired number of pips / levels are achieved for a currency pair, EA will place a real trade
- Max number of pairs: For example this is set to 3. The EA may scan 28 pairs but will only place real trades for maximum 3 pairs despite more than 3 pairs meet the criteria for real trades. This is for risk management purposes
- Correlated pairs: The EA will refer to a table that has correlation % for currency pairs if the correlation between two pairs is more than 75% then EA will only place real trade for one of them based on ranking
- Dashboard: please see the sample below
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Project information
Budget
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