Expert to trade using Price Regulator and distance to take bids- REGULATOR VMT5

MQL5 Experts

Job finished

Execution time 10 days
Feedback from customer
Patrick is dedicated and a professional programmer. He got my idea of the project quickly and delivered beyond my expectations.

Specification

Hello,

  I want a professional programmer and immediately available programmer to help me develop an expert advisor based on the below picture attached.

  The concept is simple. I want the Expert to take bids above and below the average prices which will be set by me on daily or weekly basis. The expert will only use the inputs/variables to take action.

  The variables to be used will be the Regulator price (which is the silver colour/middle prices in the picture), the bid gap (which is the distance before the expert can take a new bid within the same side), and the bid multiplier (which will increase lot sizes of bids when activated on same side at a time.  Every multiplier bid will close at every previous bid before it. The bid gap  input for BUY and SELL positions should be separated.

  So For example using the below data.

 

4040

4050

4045

4050

4110

4075

3998

4030

4020

3998

3940

3910

4019

4040

4032.5

4024

4025

3992.5

 The Third row represents the Regulator price eg 4019, 4040 etc.

Assume bid gap for both sides is 20, and multiplier is 1.2.

  So at 4019, BUY will activate at every -20 and SELL will activate at every +20 until I change the price. So BUY will be 3999, 3979,3959 etc and SELL at 4039, 4059, 4079 etc.

  So at 4040, Then BUY will change and start from 4020, 4000, 3980 and SELL at 4060, 4080, 4100 etc.

  Using the multiplier, then say at multiplier of 2, then lot size of 4020 will be 1, 4000 will be 2 and 3980 will be 4 etc and each will close at previous position until it gets to lot 1 which will remain or close at TP or SL positions.

  So at 4025 (5th Column) for example, BUY at 4005, 3985, 3965 and 3945. And SELL at 4045, 4065, 4085 etc. Using the data shown, price fell down to 3940 in period and rose up to 4110 in period.

  So it means BUY 4005(L!), 3985 (L2), 3965 (L3) and 3945 (L4) if L is X2, then L1=1, L2=2, L3=4, L4=8, L5=16 etc

Then SELL will be  4045(L1), 4065(L2), 4085(L3), 4105(L4) etc.

  The Expert will close L4 at L3, L3 at L2 and leave only L1 to close manually at TP/SL.

  Every REGULATOR PRICE adjustment will refresh the bids to activate using the new value only.

  The Expert should also be able to monitor and preview on the screen the Highest Price and Lowest Price to date(with dates) from the time frame between the start time and current date or period.

  Only immediately available and professional programmers should bid for this project.

Also note that i will need to test the expert for a minimum of 2 weeks initially before closing of trade and 6 weeks afterwards before i can give review on the project after everything has been confirmed to work according to requirements

Thanks

 In the below picture, the silver indicates the Regulator Price. So it SELL from the Top towards the BLUE lines and BUY from below towards the ORANGE line

 




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Project information

Budget
30+ USD
VAT (23%): 6.9 USD
Total: 36.9 USD
For the developer
27 USD
Deadline
to 10 day(s)