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The tale of mthunzi M

MQL5 Esperti Forex Trading robot/indicator debugging Strategy optimization Statistics and mathematics Strategy modules

Specifiche

Hello i want a trading  grid robot that will be based on candle stick pattern the robot must be able to analyse on weekly and daily timeframes then take decision whether to
to buy or sell on the 4 hour timeframe trade for the longer wave and and be able to trade  xausd,usdzar and as the account size increase the bot must be able to increse the trading lots size (autolot) during news events the ea suppose not to trade or take any trades
and the minimum deposit should be 100 dollars in order the bot can run and must work on metatrader 5
if the ea lose a trade it should add or double the next trade, ea should not keep adding to losing trades. its  the next trade that grows
the bot must be able to perform this specifications
entry:
     1.1)NB: THE ROBOT MUST BE FOCUS ON IDENTIFYING AND TRADING IMBALNCE USING PRICE ACTION AND VOLUME ANALYSIS

    1.identify key levels: support(s) and resitance (R)
    2. buy when price breaks above R
    3. sell when price breaks below S
    4.Higher Highs and Higher lows: Buy when the price makes higher highs and higher lows
    5. lower Highs and Lower lows:sell when price makes lower highs and lower lows
    6. Trend Continuation:Enter trades when price continues in the direction of the trend .


    Risk Management:
        1.set stop- loss below S (long)
        or above R (short)
        2. use postion sizing to manage risk

        exit.
        1. set profit target at next key level
        2. Consider scailing out or trailing stops.
        3.Trailing stops: Use trailing stops to adjust stop-loss levels as the trend continues;
       
        Market structure:

            1. identify trends and ranges
            2. Look for higher highs and higher lows (bullish)
            3. look for lower highs and lower lows (bearish)

            Price action:
                1. pay attetion to candlesticks patterns (e.g engulfing, reversals)


                INTIAL DEMO VERSION REQUIREMENT:
                the developer must first deliver a fuctional demo version of the EA, which will be used for testing and backtesting purposes.
                only upon successful delivery and demonstration of the EA's capabilities will the full contract be awarded.
                This demo version will serve as a proof of your skills.


                important Note:
                ONLY Apply if you truly know what you're doing
                I am tired of wasting days on the endless conversations with coders who promise they can do everything but
                ultimately fall short.
                Please only respond if you are absolutely confident in your skills and have proven track record of successfully building EAs
                like the one described above.



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Informazioni sul progetto

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