All orders
Rules
Specification
Entry & Trailing SL signals & indicators
1. Translate MT5 code for VWAP, trailing ATR, modified auto trend to Python, MultiCharts and Trading View (systems) as buy/sell entry and trailing stop loss. Eg. can use VWAP as entry and trailing SL, or VWAP as entry and trailing ATR as trailing SL, and vice versa
2. Translate MT5 autotrend as indicator into mentioned systems
3. Initial stop loss based on previous trailing ATR (with buffer) or x% loss, whichever first activated. Activate trailing SL after X pips
4. MTFA (multi time frame analysis). if buy entry activated, have ability to use defined trailing SL in current timeframe or higher timeframe (imputable) as trailing SL
5. MT5 links would be provided on hire confirmation
Market Scan
6. Scan defined securities or components of index (eg S&P500) based on various delineable time frames, example 1,5, 15, 30, 45, 60, 1 hr, 4 hr, 1 day
Trade Management
7. execute based on next tick open or %x away from last close (limit price)
8. prevent new positions only if contract size bigger than X
9. No duplication of trades similar to original project. Example if existing buy / sell in inventory, no additional buy / sell
Portfolio Management
9. Allocate risk capital based on initial stop loss
10. Quick access button i) to close all positions and deactivate trading, ii) close all positions +ve Pnl position, iii) close all positions +ve Pnl position below x dollar , ii) close all positions -ve Pnl position , ii) close all positions -ve Pnl position greater than y dollar
11. display key settings on chart i) position sizing, ii) SL, iii) trailing SL, iv) Entry
12. portfolio SL, if portfolio NAV fall , more than X% , exit all positions & stop algo
13. leverage management margin-to-equity
i) Initial limit to margin-to-equity (ME) eg 10% (inputtable).
ii) Vary ME based on rolling performance vs previous X days. If positive by A% assign ME to B%. If negative by C%, assign ME to D%. If performance between A% and C%, no change in ME
iii) If ME exceed defined threshold, sell highest +PnL and most -ve PnL trade. Repeat until ME within threshold