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Feedback from customer
I am looking for a developer that can assist me with developing an 'experimental' EA protocol.
It has always been one of my rules in purchasing an EA that I won't use the type of Martingale strategy that opens BUYS in a down trend and SELLS in an up trend. I've lost too many accounts after trusting such systems.
Why not take trades in the direction of the micro-trend, and open smaller and smaller trades in the beginning. And, then put a trailing stop in place to close all trades when the market begins to weaken?
So, here is the summary of the EA that I want to build. I would like to hire someone who will consider making suggestions to the protocol when we have it in a beta version. Thank you.
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Reverse Martingale EA
Overview:
· This EA trades in the direction shown by Heiken Ashi Smoothed bars
· This trade strategy is based on: Moving from Overbought/Oversold into the opposite condition (Oversold/Overbought)
· The main exit is a dynamic trailing stop
· The 'emergency' exit condition is used in flat market conditions when the market has no clear change of direction and the trailing stop has not been activated yet (Taking losses at the candle close)
· Trade Size logic is the opposite of Martingale. At the beginning of a micro-trend, the largest trades are taken. The trades are then reduced in size by a Lot Size Reduction Precent factor
· There will be a MAXIMUM number of trades in either direction
· BUYS and SELL trades are managed separately, based on a flag
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