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A GOOD DEVELOPER WITH VERY GOOD PROGRAMMING SKILLS. I WILL ALWAYS RECOMMEND HIM
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It was a challenging, yet rewarding experience. Thank you for being a great customer :)
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1. EXPONENTIAL MOVING AVERAGE (PERIOD: 100, SHIFT:0, MA METHOD: EXPONENTIAL, APPLY TO: CLOSE).
2. EXPONENTIAL MOVING AVERAGE (PERIOD: 500, SHIFT:0, MA METHOD: EXPONENTIAL, APPLY TO: CLOSE).
THE INDICATORS’ VALUES MUST BE ADJUSTABLE.
TRADING STRATEGY (MOVING AVARAGE CROSSOVER)
1.BUY ORDER; EXECUTE BUY ORDER:
A. IF THE 100 MOVING AVERAGE CROSSES ABOVE THE 500MA
B. PRICE RETURNS AND HITS THE 100MA.
C. USE TAKE PROFIT TO EXIT NORMAL TRADE
2.SELL ORDER; EXECUTE SELL ORDER:
A. IF THE 100 MOVING AVERAGE CROSSES BELOW THE 500MA
B. PRICE RETURNS AND HITS THE 100MA.
C. USE TAKE PROFIT TO EXIT NORMAL TRADE
3. RECOVERY CONDITIONS
A. IF LAST TRADE DIDN'T HIT TAKE PROFIT (IS IN LOSS), ADD LOT(INPUT PARAMETER X) FOR NEXT TRADE (RECOVERY ADDITION)
eg. 1. trade #1 BUY @ 0.01 lot did not hot TP (is in loss) and Trade #2 SELL condition is met; lot size should be X + 0.01
trade #3 BUY should be X + X + 0.01 and trade #4 SELL should be X + X + X + 0.01. Let's say X = 0.04
trade #4 lot above will be 0.04 + 0.04 + 0.04 + 0.01 = 0.13 lot. THIS IS JUST AN EXAMPLE AND THERE IS NO MAX NUMBER OF TRADES THE EA CAN HOLD.
B. USE SUM OF TRADES TO EXIT THE RECOVERY TRADES WHEN IN PROFIT BY A FACTOR (INPUT PARAMETER X).
eg. 1. trade #1 BUY @ 0.01 lot is normal trade in loss, trades #2 SELL @ 0.05 lot is recovery trade.
when sum of trade #2 and trade #1 is in profit of X(pip/points), both trade #1 and trade #2 must close.
NOTE: LAST TRADE MUST CLOSE LAST eg. trade #2 will close last while trade #1 will close first.
eg. 2. trade #1 BUY @ 0.01 lot is normal trade in loss, trades #2 SELL @ 0.05 lot is recovery trade, trade #3 BUY @ 0.09 lot is second recovery trade
when sum of trade #3, trade #2 and trade #1 is in profit of X(pip/points), both trade #1, trade #2 and trade #3 must close.
NOTE: LAST TRADE MUST CLOSE LAST eg. trade #3 will close last while trade #1 will close first.
TRADE MANAGEMENT CONDITIONS
1. PROVIDE OPTION FOR INPUT FIXED LOT.
2. THE EA SHOULD USE SPECIFIED PERCENT OF ACCOUNT SIZE TO EXECUTE ANY TRADE.
3. IT MUST CONTAIN TAKE PROFIT AND STOP LOSS FUNCTIONS.
4. IT MUST TRADE ALL TIME FRAMES AND ALL INSTRUMENTS.
5. THE EA MUST EXECUTE ONE TRADE AT A TIME.
6. THE SEQUENCE OF EXECUTION MUST BE BUY,SELL,BUY,SELL OR SELL,BUY,SELL,BUY
7. TIME FILTER (TRUE/FALSE). START TIME AND END TIME MUST BE INPUT BY THE USER.
8. WHEN EA IS PUT ON CHAT, MAs MUST CROSSOVER BEFORE EXECUTION OF FIRST TRADE.
9. EA SHOULD USE EQUITY TO EXECUTE TRADES
NOTE: I HAVE ATTACHED THE EA AND TESTDATA FOR YOU TO RUN AND UNDERSTAND THE EXECUTION STRATEGY,
PLEASE DEVELOPE IT FROM SCRATCH WITH THE REQUIREMENTS ABOVE.
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