Price-based logic to be programmed

Job finished

Execution time 30 days

Specification

I consider that it's crucial to clearly and thoroughly define the requirements. Here comes a preliminary insight into the steps and considerations that can assist in programming the trading robot.

1. Introduction

  • It is a price based idea backed up by mathematics and money management following a martingale logic. Strategy shall be used on major fx pairs and liquid futures. 

2. Description of Trading Strategy

  • Change of price will trigger position opening with predefined SL and TP levels.

3. Risk Management

  • This will be a high risk strategy but position sizes should be scalable and should be given as a percentage of the portfolio rounded to 0,1 Lots.
4. Order Management
  • Position opening via limit orders. Entry levels will be predefined. Exit levels are defined in pips from entry. 

5. Trading Conditions

  •  operating only during certain trading hours. 

6. Testing

  • the robot must be tested on historical data and a demo account. MT will run on Mac OS.

7. Documentation

  • A detailed documentation on the robot's operation, settings, and maintenance will be requested when the job is done.

    8. Communication and Reporting

    • The programmer should discuss on a weekly basis on progress.



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    Project information

    Budget
    30 - 200 USD
    Deadline
    from 1 to 10 day(s)