İş Gereklilikleri
Hi All,
I want to create an Expert Advisor that will be able to use an average price position over a period of time to predict the direction of the market and then use the direction to take trades and manage the active trades effectively using the correct trend direction.
I will set up a STARTING AVERAGE PRICE which will be an input at installation of the EA. There will be a maximum risk position for the EA bids using the starting average price. This risk will be used as a maximum trailing SL if market reverts..
After installation, EA will begin to identify the UPDATED / NEW average price based on the Highest and lowest prices after installation. EA will then compare the average price to the Starting price , and indicate on the screen the position of the market as a “BUY” if the current average price is above the starting price, else as a “SELL” if its lower. The decision will be shown on the screen at all times as well the Highest and Lowest prices.
If market decision is a “BUY”, then EA will consider taking a BUY position/ bids at below the average price until the Start Price.
Every new bid must be taken after a certain time has elapsed from the last bid and must also achieve a minimum distance from the previous bid. If the new conditions are not met, then no new bid will activate.
New bids will have a multiplier variable which will be set as input, and the multiplier can also be a multiplier or addition.
All bids will close at the minimum distance below the starting price for a BUY and above it for a SELL.
Bids will be retaken when market goes back to the correct direction of the decision ie for a BUY, lowest price will not change and price goes upwards towards start price and above Average price update., And vice versa for a SELL, Highest price wont change and price goes downwards below start price.
Trailing SL will be implemented when EA has reached minimum profit to reduce profits from turning back to huge losses.
EA will ensure it uses good entry point/logic to enter trades and minimize risk and losses by ensuring new bids follow the rules as required and multiplier is activated accurately.
Losses should have a % lock in to the Account balance. So if setting is at 2%, then daily losses must not exceed 2% of the account balance on all trades in the account.
All settings must be in real time prices and not pips. So an 0.002 means difference between 1.08 and 1.0082. a variable price of 25 means difference between 2400 and 2375. Etc.
EA will also be set to restart once any variable is changed manually.
EA should be able to capture the highest and lowest prices after installation on the screen.
Only serious and immediately available programmers should bid for this project.
I will need up to 12to 30 weeks to evaluate the EA and any revisions during that period will still be on the programmer as long as it is in scope of the project description.
Programmer will also submit the code after completion.
Yanıtlandı
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Meşgul
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Yüklendi
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Yayınlandı: 2 kod
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