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Specification
Hi,
I need a robot to work remotely and automatically with less human intervention apart from input of the variables. I am particular on the automatic operations as most of my previous robots have not met the criteria.
The Operations of the EA
I want the robot to look at the market in either of 2 perspectives, As 1. A BUYER or 2. A SELLER.
If the Option Selected for the EA is a BUYER, Their will be 2 price positions provided at beginning of period ie Weekly, Bi-Weekly, Daily, or Hours. One price will be higher than the other. The Higher price will be the BUY Position and the Lower price will be the SELL position. If I select the BUY Option, the market will activate the Bid at the BUY price first and if market goes lower than the activation price, it will activate additional bids at 25% Gap between the BUY Price and SELL Price.
Until it gets to the Low price, which is the SELL Price. If Market reaches the SELL Price, it will activate automatically a SELL Position, based on 5 times the size of the initial Buy Bids. So if Lot size of Buys are at .01, then the Sell will be at .05. If Buy is at .05, Sell will be at .25 etc.
If However, as a BUYER, the price activates the SELL Price first, it will take the bid at .01, and there will be no additional SELL even if market goes to LOSS and it will activate a .05 single BUY at the top. While the SELL bid is still active.
If the Option Selected for the EA is a SELLER, Their will be 2 price positions provided at beginning of period ie Weekly, Bi-Weekly, Daily, or Hours. One price will be higher than the other. The Higher price will be the BUY Position and the Lower price will be the SELL position. If I select the SELL Option, the market will activate the Bid at the SELL price first and if market goes higher than the activation price, it will activate additional bids at 25% Gap between the SELL Price and BUY Price.
Until it gets to the High price, which is the BUY Price. If Market reaches the BUY Price, it will activate automatically a BUY Position, based on 5 times the size of the initial SELL Bids. So if Lot size of SELL are at .01, then the BUY will be at .05. If SELL is at .05, BUY will be at .25 etc.
If However, as a SELLER, the price activates the BUY Price first, it will take the bid at .01, and there will be no additional BUY even if market goes to LOSS and it will activate a .05 single SELL at the Bottom. While the BUY bid is still active.
LOGIC Description
1. BUY at 500, 2. SELL at 400. 3. GAP= 500-400=100. 4. 25% Gap = 25.
BUYER.
BUY at 500 (at .01 lot size).
If Market activates the BUY and goes Lower, then BUY at same lot size as follows Extra Buy 1= 475 (500-25), Extra Buy 2= 450 (500-25-25), Extra Buy 3= 425 (500-25-25-25). So 3 extra BUYS at 475, 450 and 425.
If market falls to 400, as a BUYER, after activating the BUY Price of 500 and the extra BUY bids, then the SELL will activate at 5 times size of the BUY bid (ie .01X%=.05) and SELL at 400.
If however Price activated at a LOW first as a BUYER eg at 400, it will open the position at .01 once only and thereafter set the BUY to activate at .05 lot size at 500 if Market goes back Up.
NB: The Lot size can also be designed to be set up manually.
SELLER.
SELL at 400 (at .01 lot size).
If Market activates the SELL First and goes Higher, then SELL at same lot size as follows Extra SELL 1= 425 (400+25), Extra SELL 2= 450 (400+25+25), Extra SELL 3= 475 (400+25+25+25). So 3 extra SELLS at 425, 450 and 475.
If market rises to 500, as a SELLER, after activating the First SELL Price of 400 and the extra SELL bids, then the BUY will activate at 5 times size of the SELL bid (ie .01X%=.05) and BUY at 500.
If however Price activated at a HIGH first as a SELLER eg at 500, it will open the position at .01 once only and thereafter set the SELL to activate at .05 lot size at 400 if Market goes back Down.
NB: The Lot size can also be designed to be set up manually.
Please note that only Serious and immediately available programmers should apply.
If you need additional clarification, you can contact me.
Testing of the EA will need 60 days to ensure it adheres to description.
Only after confirmation of 2 weeks full testing will the project finalised for payment
I want to also be able to have a control on the EA to assign it with a password or expiration time renewal control (if possible)
Thanks