Hello,
I want to create an EA/Robot that will be able to take trades using the logics i have described below.
At start, it identifies the starting price and takes position for BUY and SELL at both the top and bottom of current price using a % of gap.
Once the first bid is activated, it recalculates the Position to the actual High and Lowest price to date
This now becomes the START HIGH and START LOW and will be locked for future opportunities
then using the current START High price, take BUY bid and then take Sell bids above and below the BUY bids
Every BUY bid will activate at previous day/Time Frame HIGH price and a SELL at previous Day Low price.
All bids activated are cumulatively calculated for profits on the screen for BUYs and SELL positions
Only active bids are considered, so when a bid is closed, the value is removed from outstanding.
If Price reverts back Downwards by activating a SELL bid at previous low Price, then it will automatically close itself at every first sell at the low
It will only start back as a real Low if Price reverts back to the Starting Range of first bid and then falls below the Start Low or ACTUAL START PRICE.
As a result the START position is very important to determine the direction of the market and also adjusts itself if it changes direction
If after START HIGH and START LOW are established, and START HIGH Activates as a BUY,
And before it could activate a SELL at the top, the price falls below the BUY towards the position for SELL,
The SELL will be activated using the Highest Price after the BUY bid has been activated and less the Start Gap For only first bid alone.
Then it will activate SELL bids at intervals downwards for 3(or selected number) positions before activating a BUY at the bottom.
The plan of the logic is to create a pattern for sell bids/positions to activate above Buys whether prices goes upwards or return downwards from Starting position, especially when the Distance between the Final Highest and Lowest Prices have been estimated.
And this will also reduce the risk in case of any volatility in the market/trades.
Also for the EA to adjust itself from a BUY position to a SELL position, using last extreme direction movement where need be to reduce any loss for long term. The middle price of the Highest and lowest price should be able to give an indicator for this. If an extreme is reached and market doesnt move towards it again even after reverting back to the midpoint, then EA should identify this move and begin to change direction to the opposite direction.
So the key variables the EA will make use of are
The Starting Price
The Gap for locking bids or taking bids in reverse of direction
The % of Initial Gap price which is going to use to calculate the first HIGH and LOW Price,
The Starting HIGH Price
The Starting Low Price
The updated Middle price between the Highest and Lowest from beginning of period
The middle price will be used to plan when to stop BUYING as it will have maximum bids to take for the direction above Middle price for BUY and Below Middle price for SELL and also guide on when to stop
Please Note
I want only serious and immediately available programmers as time is essential. Also please ensure you understand the concept as well.
I will have the following as it relates to the EA
- Source code
- Ownership and Copyright of code
- EA should have a Password input
- I will need as much as 3 weeks to test the accuracy of robot before finalizing payment
- Robot should be usable on any product, currency, indices or stock
I possess almost 10 years experience in the development of algo-trading solutions for Traders across many platforms. Right now my specialization is on the development of indicators and Expert Advisors (EA) for Metatrader 4 and 5, indicators, strategies and studies in Pine script for Tradingview and finally, indicators and strategies for Ninjatrader 7 and 8. Hire me and get the best value for money. 100% quality guaranteed.