Automated Trading System

Specification

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Trading Strategy Brief for EA Developer

Strategy Name: Loss-Based Progressive Martingale (No Indicator, No Timeframe)


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1. Instruments:

All Forex pairs metals also


2. Timeframe:

Not based on any timeframe; EA must function regardless of chart timeframe.


3. Trade Direction:

Every trade is automatically — either Buy or Sell, as selected by user.

All subsequent trades will follow the same direction.


4. Lot Size Progression (Custom Martingale):

Start with 0.01 lot

As position loss hits quantity will increase like this level, no floating loss will count count only position loss because my strategy based by position loss open next position with increased lot:

At -$1 → open 0.02

At -$2 → open 0.03

At -$3 → open 0.04

At -$4 → open 0.05

... and so on (increase by 0.01 lot 



5. Entry Logic:  

No indicator, no chart pattern, no gap filter

As soon as net floating loss reaches the next step ($1, $2, etc.), open the next trade

No delay, no candle-based wait — entry is immediate once condition is met


6. Exit Logic:

Close all open trades as soon as total net profit > $10


7. Trading Time:

EA should be active 24/5, no session restriction



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Optional Notes:

No stop loss or take profit per trade

No maximum trade cap

Should run on any Forex pair, simultaneously if needed

For both side buy side or sell side I can run

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Project information

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