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I have a vendor that supplies me with the trades and entry and exit points.
For example the vendor would tell me Buy (Long) GBPUSD on 1/28/2022 at 8:30am EST anticipated hold till 2/4/2022
What I have found is the day prior there is a lot of activity in the opposite direction but not guaranteed.
I would like a setting to say trade date entered -1 (day minus 1) or trade only the start date range.
I would need to be able to cancel the robot settings as markets change and the vendor sends me new data reversing the previous entry from a Buy (Long) to a Sell (Short) - so I could update the current symbol by flipping the Buy to a Sell but I would then be required to put in a new start Date/Time and new hold till date/Time, or just delete the order entirely.
I want to "capture" profits along the way. I want to set the number of pips for example GBPUSD is trading today at 1.35858 with a 1.9 (19) spread, I would like to force the program to stay under 3.0 (30) spread.
I would like to set the number of pips to take as profit (in this example 1.35858) I would set it to 10 pips (or 5 pips or any number).
If I were doing a Buy (Long) and the market went from 1.35858 to 1.35958 then the program would sell and take a profit.
Then immediately open another trade going the same direction. Buy (Long)
Often the market reverses and the market goes from a buy into a sell, so the number of pips (Loss) could be set to auto execute a close trade and then open a reverse trade from a Buy (Long) to a Sell (Short) just to capture as much as possible maybe 5 or 10 pips, then the market moves again, and it happens over and over keep changing the direction, Very important the vendor 99% accurate and does indeed continue to go in their original request - if they said Buy (Long) and we captured some profits going the contrarian direction then that is ok but the market will indeed move back, it has done this over and over.
I should be able to enter in as many trades as I need desire but prevent me from entering in multiple of the same currency pair.
I only want 1 trade entered at a time for FIFO (US brokers) allow me to turn on/off FIFO if I go to a UK or other broker.
My broker doesn't allow Hedging so make that a setting to turn on/off. My broker is ok with placing multiple orders for same trade, but make sure each of them has a T/P otherwise I get a FIFO complaint email from them threating to close my account.
I would like the robot to open a Chart for the trade that it executes, if it hasn't executed a trade then no need to open. I might open the trade window already, and if I open then you can close it and open your trade window. You can set it to M1 or anything you need.
I do not want Martingale. I am ok with Grid and I am ok with placing limit orders.
Most of the time I place trades at the market price. But the timed-element entered above is a "recommendation" but if the market is moving the day before in a contrarian/or in the direction specified then ok to place a trade the day prior... the robot will continue to monitor the market based on the number of loss pips and if the trade is a loss, if a loss then wait for the market to move again and place the original trade specified in this case a BUY (long).
I want the robot to close trades for profits and if the setting to close on a loss using the above ideas then close it and make the reverse trade.
When trade is executed put a comment for the Robot name - this could be set by the user like GBPUSD-1/28 or anything they like or you could also put the symbol and date of execute (give that as an option)
We'll uses code name BriansOutlet for the Robot/Trader, the name will change later depending on extensive testing and debugging.
Let negotiate how much can be done with the budget set and how which features are done first.
Give me an anticipated start and completion date and when I can test the first version. I will give feedback. You can keep a log file that I can send you for the activity that would be good.