CREATE A ROBOT/EA BASED ON DEFINED GAPS AND TRENDLINE POSITION

Termos de Referência

Hello Everyone,

I am seeking a professional and passionate developer to help with my Forex trading strategy on both MT4 and MT5. Currently shown above is my report for February which I will explain to help identify how the EA/ Robot will work. As shown above is price movements between Highs and Lows where RED is HIGH and GREEN is LOW prices. The Robot will identify the HIGH and LOW positions based on the 1. market price movements, 2. Trendline price, 3. DEFINED GAP, 4. BENEFIT GAP( Can be % of DEFINED GAP or absolute price) and 5. TRENDLINE DIRECTION (UP/DOWN).

The Robot will plan for trading only when the prices have crossed the trendline and a certain Defined GAP has been achieved based on last price position at the other extreme of the TRENDLINE. After the DEFINED GAP has been achieved and market still goes against the moves, then new bids will start to activate at the BENEFIT GAP after achieving the DEFINED GAP.  If prices have activated and didn’t cross the TRENDLINE, then it will still use the last extreme price to continue to calculate the positions until it crosses or meets the DEFINED GAP at the new position.  The DEFINED GAP bid must ALWAYS activate at the opposite side of the CURRENT BID. So if the CURRENT BID is above the TRENDLINE and a SELL, then the BUY must be at a PRICE achieved with the DEFINED GAP and Below the TRENDLINE for a BUY to activate. Also note that lot sizes of Benefit gaps will increase either as addition or multiplication.

example of data


EXAMPLES

AUDJPY     Defined GAP= 2, Benefit Gap= 50% of defined gap=1, Trendline direction is UP.

So at High price of 81.48, then first defined bid will activate at 81.48-2(defined gap)= 79.48. However price stopped at 80.36, which is below the trendline. Then ROBOT will identify 80.36 and plan for a SELL bid which must achieve the Defined GAP and also be at the opposite side of the Trendline. So the next bid will be 80.36(LOW) + 2(GAP) =82.36 (which must be above the trendline) and price went above to 84, so 82.36 (Defined Bid) + 1(Benefit Gap)= 83.36 (Benefit Bid 1), Benefit Bid 2 would have been Benefit bid 1 (83.36) + Benefit Gap (1)= 84.36 (but not achieved). So only 2 SELL bids will activate. Then at 84 (HIGHEST PRICE After bid) it will plan a BUY at 84- Defined bid (2)= 82 for a BUY, which must also be below the trendline. While Benefit bid would have activated at 82-1= 81 (but price didn’t reach it. So once the Defined new bid has been activated, it will close all previous bids and then plan for the new direction. So since the LOW is 81.53, then only a BUY price of 82 will activate and all SELL at 82.36 and 83.36 will close. With the current Low at 81.53, the next DEFINED BID will activate at 81.53+2= 83.53. Current High is 83.34. and so only BUY bid at 81.53 will be active.

 

NASDAQ     Defined GAP= 600, Benefit Gap= 30% of defined gap=180, Trendline direction is DOWN.

So at High price of 14515, then first defined bid will activate at 14515 - 600(defined gap)= 13915. However price stopped at 14219, which is below the trendline. Then ROBOT will identify 14219 (based on current LOW) and plan for a SELL bid which must achieve the Defined GAP and also be at the opposite side of the Trendline, ie above the trendline as current position is below the trendline.  So the next bid will be 14219(LOW) + 600( Defined GAP)=14819 (which must be above the trendline) and price went above to 15280, so 14819 (Defined Bid) + 180(Benefit Gap)= 14999 (Benefit Bid 1), Benefit Bid 2 will be Benefit bid 1 (14999) + Benefit Gap (180)= 15179. Benefit Bid 3 would   have been Benefit bid 2 (15179) + Benefit Gap (180)= 15359 (but not achieved). So only 3 SELL bids will activate. Then at 15280 (HIGHEST PRICE After bid) it will plan a BUY at 15280- Defined bid (600)= 14680 for a BUY, which must also be below the trendline. While Benefit bid 1 will activate at 14680 (Defined bid) – 180 (Benefit Gap)= 14500. So Benefit Bid 2 of BUY would have activated at 14500-180= 14320 (but price didn’t reach it, as it stopped at 14370). So once the Defined new bid has been activated, it will close all previous bids and then plan for the new direction. So since the LOW is 14370, then only a BUY price of 14680, and 14500 will activate, while the previous SELL bids at 14819, 14999 and 15179 will close at or below the Defined BUY bid. If Defined BUY bid is above the TRENDLINE, then the first Buy bid will activate at the trendline PRICE. With the current Low at 14370, the next DEFINED BID will activate at 14370+ 600 = 14970. Current High is 15065. and so Benefit bid would have activated at 14970 + 180= 15150 (but nit reached as Highest was 15050) . So the next bid will be at 15065 (Current HIGHEST PRICE) – Defined bid (600)=  14465 for a BUY which must also be below the trendline. Benefit Bid 1 will activate at 14465 (Defined bid) – 180 (Benefit Gap)= 14285. So Benefit Bid 2 of BUY will activate at 14285 -180= 14105. Benefit Bid 3 of BUY would have activated at 14105 -180= 13925 (but price didn’t reach it, as it stopped at 14040). So once the Defined new bid has been activated, it will close all previous bids and then plan for the new direction. So since the LOW is 14040, then only have BUY bids at price of 14285, and 14105 will activate, while the previous SELL bid at 14970 will close at or below the Defined BUY bid or trendline.

At LOW of 14040, then next positions will be a SELL at 14040+600= 14640 (Defined Bid), 14640+180= 14820 (Benefit bid 1, but price didn’t reach it as it stopped at 14680),

At HIGH of 14680, then next positions will be a Defined bid at 14680-600= 14080, Benefit bid 1 will be 14080-180= 13900, therefore benefit BUY bid will not activate as current Lowest price is 13910.

 

Please only Developers who have understood the logic of the trading concept should bid for it and also note that the payments will only be fully paid after it has been fully tested and certified by me to work according to the above logic.

 

I have attached additional pictures to test the bid logic movements.

 

You can see the DEFINED GAP as MINGAP in Picture 2.

 

Thanks


Arquivos anexados:

Respondido

1
Desenvolvedor 1
Classificação
(9)
Projetos
19
16%
Arbitragem
3
67% / 0%
Expirado
0
Livre
2
Desenvolvedor 2
Classificação
(78)
Projetos
246
74%
Arbitragem
7
100% / 0%
Expirado
1
0%
Livre
Publicou: 1 artigo
3
Desenvolvedor 3
Classificação
(5)
Projetos
6
0%
Arbitragem
3
0% / 100%
Expirado
0
Livre
4
Desenvolvedor 4
Classificação
(69)
Projetos
146
34%
Arbitragem
13
8% / 62%
Expirado
26
18%
Livre
Publicou: 6 códigos
Pedidos semelhantes
Title: MQL5 EA Developer Needed — EUR/USD 15M Scalping Robot (1:1 RR, Rule-Based) Platform: MetaTrader 5 (MQL5) Description: Looking for an experienced MQL5 developer to build a fully automated Expert Advisor for EUR/USD on the 15-minute timeframe. The strategy is a rule-based pullback scalp system with a fixed 1:1 risk/reward ratio, EMA-based trend filtering, session-time restrictions (London open + London/NY
I am looking for an experienced MQL5 developer to research, develop, and integrate a Smart Early Exit system into my existing XAUUSD EA. The EA is already fully functional. The objective of this job is not to redesign the strategy or modify the entry logic , but to improve how losing trades are managed. The Early Exit system should identify trades that are showing signs of genuine deterioration and close them before
Purpose Develop a transparent and conservative Expert Advisor for MetaTrader 5. Profit is not guaranteed; acceptance is based on correct implementation, risk controls and reproducible testing. 1. Platform and instruments - Native MQL5 Expert Advisor for MetaTrader 5. - Symbols: EURUSD and USDJPY. - Working timeframe: H1. Higher-timeframe trend filter: H4. - Must support standard broker symbol suffixes/prefixes and
Please may someone assist me with the indicator attached, it has a SERIOUS BUG issue in the sense that when I load it, and activate the template (attached as well) MT4 ALWAYS freezes and then eventually disconnects automatically, ALL THE TIME. It even gets worse to an extent that after disconnecting a number of times mt4 ends up not loading anymore, UNTIL I remove the indicator. Please I WILL NEED A DEMO (FOR A DAY)
I need a MetaTrader 5 (MT5) custom indicator specifically designed for fast scalping on the M5 timeframe for volatile assets like XAUUSD, US30, and BTCUSD. I am based in the UAE (GMT+4). The indicator must run silently in the background and send Mobile Push Notifications and Pop-Up Alerts ONLY. Absolutely NO lines, boxes, objects, or graphic panels should be drawn or left on the trading chart. Core Requirements: 1
Ola, Tenho um Bot mas parou de funcionar, preciso de programador que desenvolva o mesmo configurações. Envio o antigo bot para pegar as configurações e realizar outro modelo. Hello, I have a bot that has stopped working, and I need a programmer to develop one with the same settings. I can send the old bot so you can extract the settings and build a new version
Hello Developers, I am looking for an experienced MQL5 developer to build a custom Expert Advisor (EA) for MetaTrader 5 (MT5) based on ICT (Inner Circle Trader) concepts and Support/Resistance price action. Key Features & Strategy Requirements: 1. Market Structure & Price Action: - Identify Support and Resistance zones automatically. - Detect Break of Structure (BOS) and Change of Character (CHoCH). - Identify
I’m looking for someone with experience developing Expert Advisors for MetaTrader 5, particularly someone who has a strong understanding of arbitrage, mean reversion, multi-pair trading, and simultaneous order execution. I’m looking to develop an MT5 EA based on a triangular arbitrage strategy that identifies price discrepancies between three related currency pairs and automatically executes trades when the
I am looking for an experienced MQL5 developer to build a fully automated MT5 Expert Advisor for XAUUSD. The trading rules are already defined. I need the developer to implement them accurately in MQL5, not redesign the strategy. Main requirements: XAUUSD Multi-timeframe logic: H1 direction, M15 setup, M5 entry Entry only after candle-close confirmation No repainting / closed-bar logic Configurable Stop Loss and Take
Hi, I have developed an MT5 Expert Advisor called SRX which latest version is R24b47 , and I am looking for an experienced MQL5/MT5 EA developer to perform a thorough technical investigation, fixing and optimization of the EA. 1. The main problem SRX is not stable across different market periods . It can perform extremely well during one period, but the same EA/configuration can perform very poorly or approach Margin

Informações sobre o projeto

Orçamento
30 - 50 USD