Expert Advisor Based on RSI and Averaging

Trabalho concluído

Tempo de execução 1 dia
Comentário do cliente
Exceptional and first-class service in helping me develop an EA and ensured I was happy with everything. The EA created was nothing but outstanding and better than I imagined. Talented Developer!
Comentário do desenvolvedor
Such an amazing customer and person in general. Always professional, always polite, always detailed, and always fun.

Termos de Referência

The idea of the trading system is detailed below:

I would like to have each part of the code modifiable so I can change the setting(s) and number(s) for each please.


1. Instant market execution is performed when the specified RSI condition(s) align with the 5-minute RSI condition(s) - e.g. Execute sell order if 1-minute RSI and 5-minute RSI are both in overbought territory and vice versa for oversold territory. I would like the strategy to average into losing position(s) at a pre-determined pip gap as well as having a pip step exponent option. In addition, if the 1-minute RSI is in an overbought condition and the 5-minute RSI is not - do not execute any trade(s). Ensure the EA has instant execution according to the first 1-minute candle close in either the overbought or oversold condition (again - only if the 5-minute RSI is also in the same condition) and ignore consecutive 1-minute overbought or oversold candle(s) until next signal occur(s) at the desired pip step (e.g. 150 pip(s) away from initial trade).


2. Take profit is fixed at a certain number of pip(s) with the lock profit option available and trailing stop loss option available too - e.g. During a buy on XAUUSD, set the take profit to a fixed amount of pip(s) such as 1000 pip(s) for a buy and as soon as price moves 100 pip(s) in profit automatically trail the stop loss to the 100-pip price-level/mark to secure profit. 


3. No stop loss function required - more detail is described below.


4. Create option(s) for lot size - e.g. initial/default lot size for initial position and lot size exponent option available for averaging - e.g. During the first trade within the desired timeframe/session and once there is a signal - the first trade should always be executed at the initial/default lot size. The lot size exponent is used to average a losing position.


5. Trading Time Filter - ensure the EA include(s) setting(s) which demonstrate the follow:

  • Close All trades & Disable EA.
  • Day To Close - e.g. Friday.
  • Time To Close - e.g. 21:00.
  • Restart EA After Friday Close - e.g. False.
  • Day To Restart - e.g. Monday.
  • Time To Restart - e.g. 01:00.

5. Custom Trading Time(s) - Have the ability to modify what session or timeframe to execute trade(s) within - e.g. Asia starting from 01:00 to 07:00 (GMT).


6. Equity Protector Setting - Continuing from '3. No Stop Loss Function Required'. This part is essentially the stop loss. The % equity is the stop loss and once the account breaches the desired % or loss/profit in currency, to disable the EA and restart at the desired timeframe/session.


  • Include Maximum Loss % (Based on Equity) - e.g. 10% according to the account balance of £100,000. 
  • Max Daily Running Loss (In Currency).
  • Profit Close % (Based on Equity).
  • Restart EA After Close.
  • Time of Restart.

    7. RSI Setting(s) - Use RSI Criteria function and have the ability to modify each RSI condition according to each timeframe. The default for this EA would ideally be the 5-minute and 1-minute and only execute trade(s) when both condition(s) align as stated above. 


    Additional point - All trade(s) are executed and largely based on the 1-minute timeframe (with the addition of the 5-minute RSI).


    I hope this makes sense - thank you in advance for taking the time to read and consider my request. I have attached below an idea for the layout of the code and parameter(s) that may be included as a guide. I have also attached a visual representation from trading view for additional information.


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    Informações sobre o projeto

    Orçamento
    40 - 70 USD
    Prazo
    de 1 para 14 dias