DEVELOPER NEEDED FOR SIMPLE EA

Identify the Trend: Determine the direction of the prevailing trend by analyzing price charts. This can be done using indicators like moving averages or trendlines. A simple approach is to consider an uptrend when prices are consistently making higher highs and higher lows, and a downtrend when prices are making lower highs and lower lows.

2 Entry Criteria: Once the trend is identified, establish specific criteria for entering trades. One common approach is to enter a long trade (buy) when the price breaks above a significant resistance level or moves above a certain moving average. For short trades (sell), you can enter when the price breaks below a key support level or moves below a specific moving average.

3. Stop Loss and Take Profit Levels: Implement risk management by setting stop-loss and take-profit levels. A stop-loss order helps limit potential losses by automatically exiting a trade if the price moves against your position. The take-profit level allows you to lock in profits by automatically closing the trade when a predetermined profit target is reached.

4. Trailing Stops: Consider incorporating trailing stops to protect profits and allow for potential further gains. Trailing stops are adjusted as the price moves in your favor, helping to secure profits while allowing for potential extended trends.

5. Position Sizing: Determine the appropriate position size for each trade based on your risk tolerance and account balance. Risk only a small percentage of your trading capital per trade (e.g., 1-2%) to manage risk effectively.

6. Exit Criteria: Define rules for exiting trades. You can consider exiting a trade when the price reaches the take-profit level, the stop-loss is triggered, or when the trend reverses based on your analysis.

1. Multiple Timeframe Analysis: Consider incorporating multiple timeframe analysis into your strategy. This involves analyzing price action and indicators across different timeframes (e.g., daily, 4-hour, 1-hour) to gain a comprehensive view of market trends and increase the accuracy of trade signals.

2. Price Action Patterns: Price action analysis focuses on reading and interpreting the raw price movement on the charts. Look for common price patterns such as support and resistance levels, trendlines, chart formations (like triangles or double tops/bottoms), and candlestick patterns. These patterns can provide insights into potential market reversals or continuation signals.

3. Risk-Reward Ratio: Determine a favorable risk-reward ratio for your trades. A risk-reward ratio of 1:2 or higher means that your potential profit target should be at least twice the size of your potential loss. This allows you to achieve profitability even if you have a win rate of less than 50%. Incorporate this ratio into your strategy to guide your trade decisions and position sizing.

4. Money Management: Implement effective money management principles to protect your trading capital and optimize profitability. Consider techniques such as position sizing based on account equity, fixed fractional position sizing

The robot will avoid news trading                                                                                                                                                                                       the robot will take entries on 5 minute,15,1h,4h, timefreme                                                                                                                                              some robot input will be set manually eg. percentage risk ,numbers of entry , then the lots side i will the picture example on how i want it