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Job finished
Execution time 10 days
Feedback from customer
Great working with you. Patient and follows direction well.
Feedback from employee
Careful and involving
Specification
This is a scalping EA I want to create. It contains 2 parabolic SAR of different settings and plot automatically entry, stoploss and target levels calculated with Fibonacci retracement.
The rules are:
LONG
- When price breaks up through the 0.02 & 0.2 PSAR you draw a Fibonacci retracement
- from the closest last significant low (before price broke PSAR)
- to the high of the bar that broke the PSAR.
- This gives you your PROFIT TARGET at 161.8% Level
- and your ENTRY at 50% level
- STOP = Last Significant low -2 Pips
SHORT
- When price breaks down through the 0.02 & 0.2 PSAR you draw a Fibonacci retracement
- from the closest last significant high (before price broke PSAR)
- to the low of the bar that broke the PSAR.
- This gives you your PROFIT TARGET at 161.8% Level
- and your ENTRY at 50% level
- STOP = Last Significant high +2 Pips
Further details to the strategy will be explained and a template will be required with set files for currencies and volatilities of DERIV broker.
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