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Hi there -
Overview
We are seeking an experienced developer to create a Forex Robot Expert Advisor (EA) tailored to specific trading strategies and conditions.
The EA will focus on the London trading session and will automate trades based on pre-defined calculations and market movements.
*Responsibilities:*
1. *London Session Analysis:*
- Develop functionality to highlight the London trading session on the forex chart.
- Capture and record the high and low prices during the London session.
2. *Calculation and Trade Execution:*
- Calculate the difference between the high and low of the London session.
- Multiply the difference by 0.20 to determine the entry threshold.
- Add the calculated value to the high of the London session to set the entry point for pending buy orders.
- Subtract the calculated value from the low of the London session to set the entry point for pending sell orders.
- Set the take profit (TP) level at a 10-dollar move of gold for each order.
3. *Multiple Levels of Orders:*
- Implement logic to create and manage three levels of pending buy orders and three levels of pending sell orders, each based on the above calculations.
- Ensure that the EA can dynamically adjust these levels based on real-time market data.
*Requirements:*
- Proven experience in developing Forex Robot EAs using MetaTrader 4 (MT4) or MetaTrader 5 (MT5).
- Strong understanding of forex trading, market sessions, and price action strategies.
- Proficiency in MQL4/MQL5 programming languages.
- Ability to implement complex trading algorithms and manage multiple orders.
- Strong analytical skills to validate the strategy and ensure accuracy in calculations.
- Experience with backtesting and optimizing trading strategies.
*Preferred Qualifications:*
- Previous experience in developing EAs specifically for the gold market.
- Knowledge of risk management and position sizing.
- Ability to provide documentation and user guides for the developed EA.
- Good communication skills for collaboration and feedback.