Request to Create a Scalping Gold Trading Robot with a Specific Strategy

Specification

Requirements Specification:

1. Robot Objective:

I need a scalping trading robot that works on the gold market (XAU/USD), executing buy and sell orders based on a scalping strategy within short time frames (from 1-minute to 5-minute charts).

2. Required Strategy:

The robot should rely on technical indicators such as:

• Moving Averages

• RSI (Relative Strength Index)

• MACD (Moving Average Convergence Divergence)

The robot should enter buy or sell positions based on signals from these indicators, specifically for the gold market.

3. Robot Features:

• The robot must execute orders quickly with the correct lot size, depending on the risk level I set.

• It should automatically set stop loss and take profit levels based on the scalping strategy.

• The robot must be able to handle quick market movements, especially in the gold market.

4. Risk Management:

• The robot must have an effective risk management system, including the ability to set stop loss and take profit automatically to protect the account.

• Margin protection should be implemented to avoid large losses.

5. Platform Compatibility:

The robot should be compatible with MetaTrader 4 or MetaTrader 5 platforms.

6. Backtesting and Performance Evaluation:

The robot should be tested using historical data (backtesting) on the gold market to ensure its effectiveness before being used in live trading.

7. Execution Time:

I would like the robot to be developed within 2 weeks or less, depending on the complexity of the strategy.

8. Usage Instructions:

Clear and detailed instructions should be provided on how to operate the robot effectively once its developed.


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Project information

Budget
30+ USD