A trading bot or EA (Expert Advisor) is required to trade on Vix75, Vix 75 (1s), Vix25, and Vix10. Here are the specific conditions for the EA: Trade Entry Based on RSI Divergence

2024.02.03 MQL5 Experten Forex Debugging eines Roboters/Indikators Optimierung von Strategien Benutzerdefinierte Grafik

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Spezifikation

A trading bot or EA (Expert Advisor) is required to trade on Vix75, Vix 75 (1s), Vix25, and Vix10. Here are the specific conditions for the EA:

Trade Entry Based on RSI Divergence

1. Identifying Market Trend:

- The EA should be capable of recognizing the market trend on the 4-hour timeframe.

- All trades executed by the EA should align with the identified trend on the 4-hour chart.

2. Trade Entry Based on RSI Divergence:

- The EA should initiate trades on the 15-minute chart.

- Trade decisions must be based on RSI (Relative Strength Index) divergence with the 15-minute price action.

- RSI highs and lows should be set to 80 and 20, respectively, to determine potential overbought and oversold conditions.

3. Setting Stop Loss (SL) and Take Profit (TP):

- The EA should implement a stop loss (SL) ranging from 15 to 30 pips.

- Take profit (TP) levels should be determined based on the 1-hour (1H) Intraday Resistance Line (IRL) and Intraday Support Line (ERL).

- Both SL and TP should be adjustable manually, allowing users to modify them according to their preferences.

4. Risk Management:

- The EA should include a customizable risk management feature.

- Traders should have the ability to adjust risk parameters according to their risk tolerance and trading preferences.

- This ensures that the EA can adapt to different risk profiles and trading strategies.

In summary, the EA is designed to operate on specific timeframes (4-hour and 15-minute) for Vix75, Vix 75 (1s), Vix25, and Vix10. It employs trend identification, RSI divergence analysis, and allows manual adjustments for stop loss, take profit, and risk management parameters.

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Projektdetails

Budget

30 - 200 USD

Für die Entwickler

27 - 180 USD

Ausführungsfristen

von 1 bis 15 Tag(e)

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