Create a strtaegy using round levels and money managment

MQL4 Indicators Experts

Job finished

Execution time 26 days
Feedback from customer
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Specification

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Hey there,

Thanks for considering working on this project with me! I'm excited to collaborate, and I want to make sure we're both on the same page from the get-go. Here are some ground rules to ensure we have a smooth and successful partnership:

1. **Clear Project Scope**: Let's make sure we're crystal clear on what needs to be done. I need you to develop an EA based on my indicator and strategy, complete with money management rules. Sound good?

2. **Respect the Deadline**: Time is of the essence, so let's stick to the timeline we've agreed upon. If there are any hiccups or delays, just keep me posted, and we'll work through it together.

3. **Keep the Lines Open**: Communication is key! I'd love regular updates on your progress, and if you have any questions or concerns, don't hesitate to reach out. I'm here to help!

4. **Budget Boundaries**: Unfortunately, the budget for this project is limited, so let's make every dollar count. If there are any unexpected costs, we'll need to discuss them upfront.

5. **Top-Notch Quality**: I'm a stickler for quality, so please ensure the deliverables meet my standards. Clean code, thorough testing, and attention to detail are a must!

6. **Respect Confidentiality**: What we discuss stays between us. Let's make sure to protect any sensitive information and respect each other's intellectual property rights.

7. **Professionalism Matters**: Let's keep it professional! Timely responses, respectful communication, and accountability are non-negotiable.

8. **Payment Terms**: I'll make sure to stick to our agreed-upon payment schedule, and I appreciate your promptness in invoicing. We'll discuss payment methods and any deposit requirements upfront.

9. **Feedback is Key**: I value your input, so don't hesitate to share your thoughts along the way. Likewise, I'll provide constructive feedback to help us both grow and improve.

10. **Conflict Resolution**: Hopefully, everything goes smoothly, but if any issues arise, let's address them head-on and work towards a solution together.

I'm looking forward to working together and creating something awesome! If you're on board with these guidelines, let's dive in and get started. Sound good?

Best,

=================================================================================================================================================


strategy explaination * not the full strategy ) :

So, the strategy revolves around a single indicator called "RoundLevels". This indicator delineates zones, which can be adjusted through the inputs in the settings. These inputs include the number of zones to display, the width of each zone, and the gap between them, as illustrated in the image below


let's break down the coding steps for implementing the entry model of the strategy:

  1. Use of Pending Orders Only: Ensure that the strategy exclusively utilizes pending orders throughout its operation.

  2. Efficient Execution: Optimize the code for swift and accurate execution to meet the requirement of executing orders very quickly and precisely.

  3. Entry Model Explanation:

    a. Buy Pending Order Placement: The entry model involves placing a buy pending order at the lower boundary of the zones. Here's how to implement it:

    b. Determine Lower Boundary of Zones: Calculate the lower boundary of each zone based on the indicator "RoundLevels".

    c. Placement of Buy Pending Order: Place a buy pending order at the determined lower boundary of the zones. This order should be placed at a price slightly above the lower boundary to ensure execution.

    d. Repeat for Each Zone: Iterate through each zone identified by the "RoundLevels" indicator and place a buy pending order at the lower boundary of each zone.

  4. Coding Steps:

    a. Retrieve data from the "RoundLevels" indicator to identify the zones and their respective lower boundaries.

    b. For each zone:

 i. Calculate the lower boundary of the zone.

 

 ii. Place a buy pending order slightly above this lower boundary.

 

 iii. Ensure accurate calculation of order parameters such as lot size, stop loss, and take profit based on the strategy's money management rules.


  1. c. Implement error handling and validation to ensure proper execution of pending orders and handle any exceptions that may occur during the process.

By following these steps, you can effectively code the entry model of the strategy, ensuring the accurate and timely placement of buy pending orders at the lower boundaries of the zones as specified

THE SELL WILL VISE VERSA LIKE THIS


SO TOGETHER IT WILL LOOK LIKE THIS




the remaing will be shared after selecting


thanks


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Published: 12 articles, 1 code
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Project information

Budget
30 - 50 USD
Deadline
from 1 to 10 day(s)