Expert Advisor that automatically opens and manages trades based upon provided signal

Job finished

Execution time 11 days
Feedback from customer
Great communication, excellent and time efficient delivery, went beyond expectation. Will re-hire to expand on the project.
Feedback from employee
Excellent customer! Hoping to work with you more in the future :)

Specification

Hi, I have an EA providing signals. It displays on screen yet can also do Push notifications or emails. I am running it on MT4. I will send more/screenshots to the chosen coder in private.

The task is as follows:

  • Open a trade when EA provides a signal
  • Parameter file
    • trade size: [in lots; from 0.01]
    • profit target: [in pips]
    • Stop Loss: in pips
    • Trailing stop: in pips [not sure if this is easy or not as there are many tools so we can discuss this item]
    • start time: [idea is to enter time to enable EA]; default: 00:00:00
    • stop time: [time to disable EA - eg do not trade at midnight times, etc] :23:59:59
    • multi-position allowed: [if there is an open trade of eg BUY AUDUSD and the signal states BUY OR SELL: AUDUSD again then if the parameter is on YES: open again. If Set on NO: Do not open the trade with already opened pair] --> we might develop this logic further, so perhaps create some kind of a separate piece of code that we simply call and can adjust as a unit. 
  • Log all activities into the log file
    • log parameters provided by the signal EA
    • log trade data + ideally the trade result
    • ideally I also would like to log RSI and RVI values at a time of trade open (to be discussed)

NOTES

  • When calculating profit target and SL, please make sure we calculate JPY correctly..
  • ideally, I would like to keep Profit Target; SL and Trailing stop hidden from the broker = not sent to the market. Can this be done ? So EA would fully manage this without visibility to others / market. 























































































































































































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Project information

Budget
50 - 150 USD