Multi TF/Pair Stochastic Dashboard and EA

MQL5 Indicators Experts

Specification

Hi,

I need an EA that calculates the top 20 strongest pairs based on their Stochastic values (relative to direction).

As the list is live it will change frequently. Therefore, the EA will discard/close any open pairs which are not on the updated T20 list, and replace it with any new pair(s), as long as the buy/sell fees make it worthy.

A dashboard showing all selected pairs and timeframes (all selectable). It would also be good if you could add non-standard timeframes. The dashboard will display the strength of its stochastic value based on its direction. This new index will be called SPS (Stochastic Potential Strength). It is ultimately an index that measures the potential of a given pair's trend.

Example 1: STO value = 57 and if it is going UP (vs prev bar(s)), then the SPS = 100-57 = 43 UP. This is a fair but weakish trend potential.

Example 2: STO value = 17 and if it is going UP (vs prev bar(s)), then the SPS = 100-17 = 83 UP. This is a strong trend potential.

Example 3: STO value = 29 and if it is going DN (vs prev bar(s)), then the SPS = 29 = 29 DN. This is a weak trend potential.

Basically, if the STO is going up, then 100-x, else x.

Now... once we have these new values, we can measure its strength relative to lower/higher timeframes as well. To make things simpler for now, we can have an overall weighted average of the currently selected timeframes (TF1*SPSval+TF2*SPSval+TF3*SPSval) / SUM(TF1,TF2,TF3). Add this at the end of the table.

Next is to work out which assets are best to be paired with. This is done by assigning the SPS value to the base asset (eg, AUD vs usd), and the opposite value to the quoted asset (...USD). We then take the average SPS value for each asset and rank them. Then pair them with the best UPs and DNs and list them on the dashboard. Also do the same calculation for each individual timeframe as well.

Money management section/tab will also be needed directly on dashboard. Ease of use and aesthetics are important as well.

Steps for scope of work will be provided to the winner.

Thank you.


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Project information

Budget
50 - 200 USD
For the developer
45 - 180 USD
Deadline
to 10 day(s)