Job finished

Execution time 18 days
Feedback from employee
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Specification

Parameters

Hi there, I am looking for a developer that can build a robot for trend following system. Below highlights the requirement for the robot system. I have also attached a power point file that demonstrate the system.

List of Indicators to use:

-          Double-top-bottom-pattern: Price Action indicator to determine entry

-          SM Cloud Indy V 1.1:  Trend following Indicator.

-          ATR: Stop Loss Placement/ Manual input

Buy Entry

-          To enter buy signal, Double-top- bottom-pattern indicator must print a double bottom pattern (light blue) and SM Cloud INDY v1.1 indicator must have printed bullish (Greens) in last last 4 bars. Buy signal will be triggered with two entry options either when Double bottom pattern occur or after break out candle occur). Trader will choose which option she prefer.

Stop Loss Placement for buy entry

-          Stop loss will be place 2x 5mins ATR below the entry bar (see indicator below)

-          Manually input by a trader

Take Profit Placement

-          3x stop loss pips (Trader should able to adjust preferred options)

Sell Entry

-          To enter sell signal, Double-top- bottom-pattern indicator must print a double top pattern (light red)  and SM Cloud INDY v1.1 indicator  must have printed bearish  (Red) in last 4 bars Sell signal will be triggered with two entry two options either when Double top pattern occur or after break out candle occur). Trader will choose which option she prefer.

Stop Loss Placement for buy entry

-          Stop loss will be place 2x 5mins ATR above the entry bar (see indicator below)

Take Profit Placement

-          3x stop loss pips (Trader should be able to adjust preferred options)

-          Trailing stop

-          - Move wining trade to break even when market in 2x Stop loss pips (Trader should be able to adjust preferred options)

-          Automatic position size calculation

-          - If possible robot can calculate position size

Rules

-          When SM Cloud Indy V.1.1 is printed RED bars No buy signal should be triggered

-          When SM Cloud Indy V.1.1 is printed GREEN bars No sell signal should be triggered

-          One Transaction at a time. No multiple executions, No trade should be triggered if one transaction is still live. One trade at a time

-          News filter (Robot must not work during major new event such as high risk new


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Project information

Budget
30 - 200 USD
Deadline
to 10 day(s)