Specification
Good day all. I require an EA to be built, the specific details of which I will be happy to discuss in greater detail via email and skype. The E.A. will require the following functionality:
1. MT4 coded for a U.K. based broker (IG) 5 digit spread betting account
2. To work on 28 currency pairs simultaneously – the machine running this will have a minimum of 16GB RAM and an i5 processor
3. To work on multiple timeframes - scanning higher time frames (Weekly, Daily, 4H) for set-ups and lower time frames (1H, 30m, 15m and 5m) for entries
4. Ability to determine the trend based upon specific mechanical Heiken Ashi price swing rules
5. All positions will be based on a list of pre-determined pattern combinations spread over multiple timeframes
6. Able to utilise 2 entry techniques – full rules will be provided
7. Interface which allows user input of:
I. Horizontal support and resistance levels which will be used to corroborate set-ups (strategy sells resistance and buys support)
II. Maximum equity risk % (for entire account)
III. Exclusion times i.e. ignore set-ups for specific pairs at specific times (such as around news events) – or, the ability to pull data from an on-line economic calendar/excel spreadsheet
8. Will utilise the following indicators: Heiken Ashi, SMI, CCI, ADX, ATR pivot points (weekly and daily) and Fibonacci retracement
9. Volatility based position sizing (£ per point based on maximum equity risk) – formula will be provided
10. Ability to asses accounts open positions to ensure over exposure is prevented
11. Will set SL and TP levels in accordance to position size
12. Has the ability to pyramid
13. Will require error checking/exception handling; email/SMS alerting for platform malfunction/disconnects and when SL/TP are “jumped”; screen shots on opening of position
14. Recommendations are very welcome.
My initial intention will be to run the E.A. through a full back-test across my selected currency pairs (mitigating any that are not deemed successful/grossly inflate drawdown) and then commit to live trading.
I’m happy to provide a complete breakdown of the entire strategy in any preferred format and can also provide multiple screen shots as a visual aid.
I look forward to discussing this with you.
Thanks,
Carl.