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Specification
Multi Position Executor Bot for MT5
Intro: I want someone to help me make a Bot that will automatically trade (Algo Trading) for me knowing without stress that my capital is secure. I would like the Bot to trade all Deriv Synthetic Indices(Boom1000, Volatility100 Index etc.).
Step1: The Bot must know how to identify the trend of the market. By that the Bot must know how to have long term positions with the trend and know how to close the positions automatically (with Zero Latency) when the trend changes. The Bot must also know how to open positions on the short term trends (mostly short term on ranging markets and trend breakouts only if it indicates short term). The Bot must manually open buy or sell positions (Order Type: Market Execution with Zero Latency) depends on the trend on any timeframe (but mostly on 15min, 30min, 1Hour and 4Hour). For example see pictures attached of trends in different timeframes.
Step2: The Bot must be able to calculate the lot sizes of the ask or bid price of the pair depending on your balance or equity (minimum account balance $50), but the bot must also increase lot size as the account grows and also not full margin so that when the trade goes against you it doesn’t blow your account. In saying the Bot must also open trades on multiple pairs while other trades are running. But maximum 4 positions per pair. And depend on the account balance or equity 1 position per pair. Multiplier effect: Entering Multiple Trades every time a valid entry in experienced but risk the same percentage in every trade. For example:
Step3: If the Bot goes in drawdown the Bot must keep the trade running (with Low drawdown or No Drawdown) if the indication is still there that the market is going to move in -or change trend direction. But if change of direction is not going to change the Bot must automatically close with as little drawdown as possible (but would like if it was that accurate so that it closes without any drawdown). But if the signal is there for trend change or breakout the Bot can automatically open a buy or sell position or positions.
Step4: I must also be able to close positions myself.
Step5: When testing the Robot I would like to see a smooth equity chart to the upside. The Bot must have Low Risk to No Risk at all. For example see chart below:
I also have a file with pictures as examples if you want more information.