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New orders in the category:
30+ USD
30 - 60 USD
30+ USD
30 - 100 USD
50 - 500 USD
41+ USD
Specification
Another developer did a mediocre job on this EA, I need a really good developer to do this for me and I'm willing to pay top dollar. Let me know if you have any questions.40 - 60 credits from 5 to 10 day(s)
This EA will calcute the entry and exit based on the high and low of the previous bar. EA will open 2 pending positions (one long and one short). I will go long 1 pip above the previous bar's high and I will go short 1 pip below the previous bar's low. My stop loss will be one pip below the previous bar low for long positions and 1 pip above the previous bar high for short positions. In other words, if I get stopped out the EA will automatically open another position going the other direction. For the take profit will vary, but you can set it @ 3:1. if I'm risking $10.00 I want to be able to make $30.00. I would like for all the entries to be FLEXIBLE so I can change them when I need to. The spread should also be taken into consideration.
Example: On a 1 hour chart EUR/USD at the close of the hour had a high of 1.32301, and a low of 1.32148. In this case, on the next bar the EA will open 2 pending positions as follow: buy stop @ 1.32311, stop loss @ 1.32138, take profit @ 1.32820. Sell stop @ 1.32138, stop loss @ 1.32311, take profit @ 1.3161.9. In this case, I'm risking 17.3 pip but will make 51.9 (3:1).
In addition, I would like for the EA to reopen a position and add more positions if I keep getting stopped out. Example: Let's say I go long @ 1.32311 with 1 mini lot, I would like for the EA to add 1 more position to the sell stop side just in case the market turns against me.
Basically it would look like this: let say market goes up and I go long 1 mini lot @ 1.32311, now instead of 1 mini lot I want to have 2 mini lots on the short side. When the long pending position reopens I want to have 3 mini lots. If the market is ranging this is what would happen: trade#1 - 1 mini lot @ 1.32311 long
trade#2 - 2 mini lots @ 1.32138 short
trade#3 - 3 mini lots @ 1.32311 long
trade#4 - 4 mini lots @ 1.32138 short
trade#5 - 5 mini lots @ 1.32311 long
trade#6 - 6 mini lots @ 1.2138 short and so on until the market moves out of the range and I reach my profit target @ which time the EA will not open any new orders and cancel the pending order. Basically, if the market keeps hitting my stop losses the EA will keep adding 1 position to the next possible order so I can make up for my losses when my take profit is hit. Let me know if you have any questions.
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Project information
Budget
500 USD
For the developer
450
- 450
USD
Deadline
7 day(s)