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Index of topics
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1. Quality indicator, upgradable to EA in the near future
2. Strategy analyzer/backtester and signal provider
3. Developer’s Level of Experience
4. Message to the developer
5. Project Timeline
6. Budget
7. Rules
8. BACKTESTING
9. Dashboard’s appearance and visibility
10. Dashboard’s input options (synchronized with indicator’s input settings)
11. Dashboard’s display options
12. Appearance of the chart
1. Quality indicator, upgradable to EA in the near future:
• I need a highly reliable, custom indicator for now. However, down the road, I'll convert it to
an EA (full and semi-automatic).
• Therefore, the indicator must be created in a modular structure, to allow future upgrades.
• The purpose of this Indicator is, mainly, BACKTESTING in order to find profitable settings.
• Most importantly, the indicator must be:
- QUICK: Instant and real-time recalculation following any change in input values.
- STABLE: Must display clear and accurate results of analysis following each and any change.
2. Strategy analyzer/backtester and signal provider:
• The strategy is simple: Buy from oversold (OS). Sell from overbought (OB).
• Must work on any instrument/symbol/asset and any Timeframe (TF).
• No other indicators are involved.
• Signals: Arrows and customizable alerts & notifications for sound, pop-up, phone SMS and email.
• Dashboard: Flexible (adjustable), but stable and capable of future additions (upgrades)
• The dashboard must display instant (real-time) results of analysis, following different entry-
settings.
• The dashboard must allow direct entries, which must be synchronized with indicator input settings.
3. Developer’s Level of Experience:
• Must be fluent in English
• Highly experienced
• Preferably located in or near me (GMT+2)
• Responds quickly and available for future upgrades
• Final delivery must include full source code (.mq4)
• A revision/support period is required after delivery, until stability and smooth usage is achieved.
4. Message to the developer:
I’m seeking a highly experienced MQL4 developer for a custom RSI indicator. While my budget is limited to $500, I offer
a realistic timeline of 10 days for final delivery and am open to working with talented developers globally, regardless of
their time zone. The project requires a modular design for future EA conversion and a sophisticated, interactive dashboard
with dynamic backtesting features. Only apply if you are a professional with strong English communication.
5. Project Timeline:
Please deliver the first test version within 5 days, and allow up to 10 days total, for final delivery including any adjustments.
6. Budget:
• $500 (negotiable, only in case of added value)
7. Rules:
• A red sell-arrow must appear at the close of a bearish candle, when RSI line crosses RSI's
OB level downwards.
• A green buy-arrow must appear at the close of a bullish candle, when RSI line crosses RSI's
OS level upwards.
• Only one trade is permitted at a time.
• Only one arrow (or trade) is permitted per direction (or color).
• After a sell-arrow, we look for a buy arrow only.
• After a buy-arrow, we look for a sell arrow only.
• If the trade is still open, and an opposite arrow appears, close the current trade and open
an opposite trade immediately.
8. BACKTESTING:
• Instant, accurate and dynamic BACKTESTING of different entries via Dashboard.
9. Dashboard’s appearance and visibility:
• Must be flexible (e.g. can be moved, removed, enlarged or reduced on the chart).
• Must be expandable, for future upgrades’ purposes.
10. Dashboard’s input options (synchronized with indicator’s input settings):
• I need to include the following input option on the dashboard:
- RSI period
- Applied to (price mode – multiple choice)
- RSI OB-levels and OS-levels
- Look-back period (number of candles to look-back)
- Easy change of symbol (Forex, Metals, Indices, Crypto, Energies)
- Easy change of Timeframe (TF)
- For more control, consider adding a button that decides the speed of automatic recalculation.
• The above input values must be fully synchronized with the indicator’s input settings.
• All new inputs, on the dashboard, must be updated immediately.
11. Dashboard’s display options:
• For any change in the dashboard’s above-mentioned input options, the dashboard must instantly, automatically, dynamically
and accurately, calculate and update the display of the following metrics on the dashboard:
- The number of green arrows (Buy orders)
- The number of red arrows (Sell orders)
- The total number of arrows.
12. Appearance of the chart:
• All red sell-arrows & green buy-arrows must appear on the chart for a specific look-back period, based on the number of candles selected in the look-back setting of the indicator’s
dashboard or input settings.
• I must have full control of all arrows and other objects, including RSI levels: E.g. color, style,
arrow code, visibility, size, distance from price, etc.
• The arrows must appear on the chart only. I want NO arrows on RSI window (2nd window).
• A vertical dotted line must go through each arrow and have the same color as the arrow it
represents. The vertical line must be drawn from the top to the bottom of both chart and
RSI-window.
• All arrows and dotted vertical lines, must appear instantly and accurately during the selected
look-back period following the entry of different settings, without the need of refreshing the chart.
• All arrows and dotted vertical lines, must be immediately and accurately be replaced by new
ones, when I enter new settings in the dashboard’s inputs (e.g. new forex pair, new TF, new RSI-
Period, or new OB/OS levels).