CREATE EA THAT WILL ACTIVATE TRADES BASED ON TIME SPECIFICATION

İş Gereklilikleri

Hi All, 

I want to create an Expert Advisor that will be based on specific timing to activate bids and also use positions for the period to take bids.

The timing for the bids will have variables as daily, weekly or monthly. A daily means EA will activate everyday after considering prices from the time the market opens to the  time specified. Eg if the time specified is 2am, the EA will consider all prices from the time of session opening to 2am to consider range of prices before any action can be taken. It will also use this time for the trades only.

 

After identifying the prices at the specified time, the EA will then consider a risk level using the Highest price and lowest price at the time specified. Eg Highest price will be used to plan a SELL opportunity (after considering the risk in prices) and Lowest Price will be used to plan a BUY opportunity.

After every bid is activated, it will then have a risk to reward condition to close any of the trades that is activated. So the trades will have 4 positions based on the time of activation set for the market. HIGHEST PRICE, SELL PRICE, BUY PRICE and LOWEST PRICE. Highest price will become a BUY position and Lowest price will become a SELL position. So we will have 2 BUY opportunities and 2 SELL opportunities as follows BUY PRICE, SELL PRICE, BUY PRICE and SELL PRICE. Each of the positions will then activate using the risk to reward condition for every bid activated at the prices.

All price and setting figures will be in real time prices instead of pips. The lot sizes will also change by a multiplier factor after a certain time of first bid on the direction. If it takes a Buy at 3:00 for example and the multiplier timer is 1 hour, then if market reverses after 1 hour and takes a new BUY at the same price, it will apply the multiplier for the new bid.

 

The market strategy is to trade towards a final direction of the market after locking the prices at the beginning of the setting time. Trades should only activate at the market direction only. So BUY when market direction is going UPWARDS and SELL when market direction is falling DOWNWARDS.

 

Prices and decisions should be shown on the screen as well as timing of first bid of the position.

 

I need an immediately available programmer to work on this.

I will need up to 12 to 20 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.

 

VARIABLES SETTING

TP and SL actual price

TP and SL in Ratio

Time record of BUY and SELL position activated

BUY and SELL prices when established

 


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