FreelanceSections

Looking for developer to create advanced EA time base

MQL5 Experts Scripts Forex Trading robot/indicator debugging Strategy optimization Statistics and mathematics C++ Strategy modules

Specification

Hi there - 

Overview


We are seeking an experienced developer to create a Forex Robot Expert Advisor (EA) tailored to specific trading strategies and conditions.

The EA will focus on the London trading session and will automate trades based on pre-defined calculations and market movements.


*Responsibilities:*


1. *London Session Analysis:*

   - Develop functionality to highlight the London trading session on the forex chart.

   - Capture and record the high and low prices during the London session.


2. *Calculation and Trade Execution:*

   - Calculate the difference between the high and low of the London session.

   - Multiply the difference by 0.20 to determine the entry threshold.

   - Add the calculated value to the high of the London session to set the entry point for pending buy orders.

   - Subtract the calculated value from the low of the London session to set the entry point for pending sell orders.

   - Set the take profit (TP) level at a 10-dollar move of gold for each order.


3. *Multiple Levels of Orders:*

   - Implement logic to create and manage three levels of pending buy orders and three levels of pending sell orders, each based on the above calculations.

   - Ensure that the EA can dynamically adjust these levels based on real-time market data.


*Requirements:*


- Proven experience in developing Forex Robot EAs using MetaTrader 4 (MT4) or MetaTrader 5 (MT5).

- Strong understanding of forex trading, market sessions, and price action strategies.

- Proficiency in MQL4/MQL5 programming languages.

- Ability to implement complex trading algorithms and manage multiple orders.

- Strong analytical skills to validate the strategy and ensure accuracy in calculations.

- Experience with backtesting and optimizing trading strategies.


*Preferred Qualifications:*


- Previous experience in developing EAs specifically for the gold market.

- Knowledge of risk management and position sizing.

- Ability to provide documentation and user guides for the developed EA.

- Good communication skills for collaboration and feedback.



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Project information

Budget
30 - 100 USD