Futures index EA using simple indicator with additional qualifiers.

MQL5 Experts

Job finished

Execution time 8 days
Feedback from customer
He did a great job understanding my intent for the project and delivering what I needed, not just the basics of the written scope. Will definitely work with again.
Feedback from employee
The job is easy with him because he spend time to fully describe you the requirements, I’m proud to had job for you.

Specification

I'm looking to automate a futures strategy with a multitude of variables. 

I have a simple indicator that I can share the TOS code for, but it's simple. The strategy, with additional qualifiers, is to short when a candle crosses and closes below this "line" and to close that short when a candle closes above. This works in reverse for longs, or course.


Now the additional qualifiers for entering a trade:


1. RSI < > a specified number(on the entry candle close or prior candle, this must be selectable long or short) . I envision a menu Long Candle [0,-1] and [<,>] and [X] , Short Candle [0,-1] and [<,>] and [X])

2. Time. I must be able to restrict the time the bot can open a new position (closing an already open position cannot be affected) I'd envision a slide with multiple options to select. For example I may want to trade from 930AM-1015AM and 1PM-230PM and 300PM -4PM.

3. higher level time frame momentum confirmation. For example if I'm trading on 5 minute. I want to be able to confirm the 15 minute is moving in the same direction as my trade, using selectable momentum oscillator. I would see this menu as: Time frame [1m, 3m, 5m, 10m, 15m, 30m, 1h, 4h, 1d] and aggregation period(x).

4. Delta on the candle close. I need the bot to have the option to require the closed candle be +/- delta for long or short.

5. A maximum number of failures. If the bot goes "$x" in the red, or X of the first Y trades fail, it should alert and stop until restarted.

6. A server side stop loss (I use CQG and their stops are server side) that can move per preset targets. For example. At entry a stop at -10 points, at +10 points move stop to +3 and so on. At least 6 of these presets. Ideally that top one would be a trailing stoploss if all other preset profit levels are breached. 

7. number of contracts


I can show images entry and exit on this trade for more clarity after further discussion. 

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Project information

Budget
50 - 300 USD
For the developer
45 - 270 USD
Deadline
from 5 to 10 day(s)