Job finished
Execution time 24 days
Feedback from customer
I would happily recommend this developer, great to work with, super communicative, and really good at taking my abstract concepts and making them into a working code
Specification
The strategy involves identifying several different "zones" on the 5 minute chart. These are order blocks prior to fair value gap, inverse fair value gaps, William's Fractals plus one more. I want to be able to select whether or not to use each of these different zones, based on the current trend - the current trend is based on a simple Williams trailing stop. So for example an inverse FVG can be used to open a trade in the same direction as the current trend, but not as a reversal zone. When price enters these zones, the strategy looks for the parabolic SAR to flip in the 1 minute time frame. At the next candle if the price moves above or below the previous candle in the correct direction, a trade is triggered. However the EA must perform a calculation before opening the trade, based on the stop (which will come from the current "zone"), to the next zone in the direction of the trade. Must be able to set a maximum stop, plus a minimum risk/return based on this calculation. Once the trade is opened, it will be managed by a set of conditions based on either a 1m Williams trailing stop, a simple trailing stop, or the high/low/centre of the target zone. If the price moves through a zone quickly (ie. within x candles) the zone should then operate in the opposite direction - like flipping from support to resistance or vice versa. Some additional items are that I want are that the EA not to open any trades at certain times of the day, and to close any open trades by a certain time. I would also like the EA to be able to handle a long and a short trade at the same time if the above conditions are met.
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Project information
Budget
400 - 600 USD