Gideon Abochie
2022.12.24
o describe your trading strategy to a programmer to help them create an expert advisor (EA) trading bot for you, you will need to provide specific details about how you want the EA to make trades. Here is an example of what you might include in your description for an Ichimoku trading bot for VIX75 synthetic indices that trades on both 5-minute and 15-minute timeframes with a minimum equity of $100: Entry criteria: The EA should enter a long position when the conversion line (tenkan-sen) crosses above the base line (kijun-sen) on the 5-minute chart, and the conversion line on the 15-minute chart is above the base line and the leading span A (senkou span A) is above the leading span B (senkou span B). The EA should enter a short position when the opposite conditions are met. Exit criteria: The EA should exit a long position when the conversion line crosses below the base line on the 5-minute chart, and the conversion line on the 15-minute chart is below the base line and the leading span A is below the leading span B. The EA should exit a short position when the opposite conditions are met. Risk management: The EA should not enter a trade if the equity falls below $100. The EA should use a fixed stop loss of 50 pips and a trailing stop of 25 pips to manage risk. Money management: The EA should use a fixed fractional money management system, with a risk of 2% of the equity per trade. Other considerations: The EA should have the ability to turn on or off the trading on the 5-minute and 15-minute timeframes separately, as well as the ability to adjust the risk and money management parameters. It's important to be as detailed as possible in describing your trading strategy to the programmer to ensure that the EA they create accurately reflects your desired trading approach.