HTF Anchored VWAP with inverse pyramiding risk management or DCA

Specification

Dear Digital Intellectual,

I’ll generally outline my idea with the intended instruments and their logic.

  1. Fundamental bias with multiple factors. I have this outside of MT. It's very easy to activate or deactivate the EA on MT if the fundamentals are not in line to be bullish or bearish. Later on, APIs would be needed to fully automate this (not yet needed).

    Logic: Fundamental factors on a higher timeframe drive the market, plain and simple...

  2. Anchored VWAP for technical analysis and entry confirmations.

    Logic: VWAP is the average price weighted by volume. If we anticipate higher prices, then at or right below the VWAP would be a perfect place to buy. The only question is, where to anchor from?

  3. There should be three different types of risk management:

    a. Regular risk with a fixed SL; an auto-calculation built in for specific percentage risk should be implemented.
    b. DCA based on multiple VWAPs.
    c. DCA inverse pyramiding based on multiple VWAPs.

Do you think you can create this EA?

If so, let me know your hourly rate and an estimate for the total project cost after further details.

Hopefully, I’ll hear from you soon.

Regards,
Benjamin L

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