All orders
Rules
Job finished
Specification
1) Money Management
1.012)when equity are 5% below ballance shut down all trading, not just shut down position but no trading before the EA are activated manually again.
1.03) Entry with 50 pips stop loss
1.04) 2% capital risk pr position (so when it hits the stop loss 50 pips loss should be 2%)
1.05) When the position is green for more than 2 hours, move SL 1 pip above entry price. Then the position should be calculated as 0% risk
1.06) Trailing stop loss options
1.07) prefixed take profit 1:5 risk or at a specific number 72.30
1.12) only trade in timeframe 06:00 –20:00 gmt
1.13) no trading at a specific date example 20.jan.2018 - time frame 16:00 – 18:30
1.14) adjust stop loss based on ATR value if above 0,2 (atr value) = 50 pips sl entry, if below 0,2 = 40 pips sl entry based on data from candlestick chart 15 MIN
1.15) don’t trade close to red political events should it should read the “news” the economic calender and trading should be able to disable for “red” event
ALL FUNCTIONS, NUMBERS, TIMEFRAMES NEED TO HAVE ADJUSTABLE FUNCTION AND ENABLE/DISABLE
2) Entry rules
Long (BUY) entry – MACD indicator is below zero, goes upwards and is crossed by the Signal Line going downwards.
Short (SELL) entry – MACD indicator is above zero, goes downwards and is crossed by the Signal Line going upwards.
Important notice: to exclude insignificant changes of the MACD indicator (small 'hillocks' on the chart) from our analysis, we introduce an additional measure of controlling the size of the plotted 'hillocks' as follows: the indicator size should be at least 5 units of the minimum price (5*Point, which for USD/CHF = 0.0005 and for USD/JPY = 0.05).
3) Exit
3.01) when risk reward hits 1:5 based on entry leave the trade.
3.07) automatically close after 5 hours
3.08) prefixed TP for all trades
3.09) Trailing stop loss day 1 50 pips, day 2 100 pips, day 3 200 pips etc
Long exit – by execution of the take profit limit, by execution of the trailing stop or when MACD crosses its Signal Line (MACD is above zero, goes downwards and is crossed by the Signal Line going upwards).
Short exit – by execution of the take profit limit, by execution of the trailing stop or when MACD crosses its Signal Line (MACD is below zero, goes upwards and is crossed by the Signal Line going downwards).
ALL FUNCTIONS, NUMBERS, TIMEFRAMES NEED TO HAVE ADJUSTABLE FUNCTION AND ENABLE/DISABLE
4) general
4.01) Each trade should have a comment which indicates which parameter the trade opened on. Like "2.07 opened trade"
4.02) email me at veosnw.gmail.com each time at trade is closed are opened. (the mail should be changeable)
4.04) it need to be encrypted
4.04) it need licens codes with activating and deactivation with overview over active user by username or etc on online system
4.05) I need a clear view of active licens codes deposits etc
4.05) should be able to use at every symbol OIL, GOLD, FOREX, INDICES AND EVERYTHING!
4.06) entry point, exit point and some small text which parametre trickered the trade should be visible on the chart
4.07) is it possible to recive a sms or email each time EA not are active or a beeing disabled example if my VPS shutdown!?
4.08) is it possible to recive a sms or email each time a trade are closed or opnened? adjusted etc?
4.10) I would like to add a possition risk and account risk. for example possiotion risk 0.5% and account risk 5%, then it can open 10 trades before not opnening anymore. if possition risk are 2% and account is the same it can only open 1 trade.
4.11) email and/or sms if the vps server are shut down
4.13) it should “write” in the chart each time a trade is open, to show the pattern” and it should make a comment when open and close also
4.14) a renko chart option with time confirmation and a stanard renko chart option and a normal candlestick option
4.15) the MACD 3 options should be changeable 12, 26 , 9 etc
ABOUT THE LICENSECODE portal
You can create, pause, delete licences. And it can handle thousands of licences at once. But you'll have to get enough server resources. insted of userid, I will use a serial number to connect to the server. You can view connected serial numbers through a log. And you can view the Account number, Account name, MT4 name, EA/Indicator file name, IP address.. etc. Licensing system can install on a sub domain. I'll use latest Laravel framework, php, mysql versions to make it more secure. AES 256 will be used as core encryption. I can't go above because MT4 only capable of handling upto AES 256. We can use external DLL to make encryption more strong (up to AES1024) but it can compromise the security because DLLs can easily can be decompiled and anyone can make fake dll with a similar functions. I'll use a ex4 library to handle all encryption function. So you can edit your EA/Indicator's source code.