EA (expert Advisor) for indices (CFD indices)

Job finished

Execution time 7 days
Feedback from employee
It was great working with you.
Feedback from customer
Quick, responsive, paying attention to details and requirements. Very pleased with his product

Specification

The expert advisor should be able to open only one position in a stock Index and close it at the same day based on the below :

  1. Calculate the fluctuation of the stock-index between Time A and Time B (prices at different H1 candles)
  2. If the fluctuation (%) of the index is above > the Y% (threshold %) then place Buy order at specific Time B + X seconds 
  3. If the fluctuation % is below < the X% (threshold %) then place Sell order at specific Time B + X seconds
  4. When time = Time C
  5. If Open Position's Profit/Loss as % is above > the Z% (threshold %) then Close the Open Position
  6. When time = Time D then close the Open Position (or close any/all open position)
  7. The Buy or Sell order size (Lots) should be dynamically calculated as Account Balance x Risk % x Index Price x FX rate x Contract Size
  8. Take profit % and Stop Loss also would be included in the trade Order as %
  9. The Open Position's percentage Profit/Loss (in step Number 5) should be calculated as 
    • For a Buy Order: (Index Price at Time C / Index Price at Time B + X seconds) - 1
    • For a Sell Order: ((Index Price at Time C / Index Price at Time B + X seconds) - 1) * -1

Other Important Notes:

  • The EA should only allow one position to open & close per day and should not be working on Saturdays and Sundays. 
  • All bold words are Inputs (Time A, Time B, Time C, Time D, X seconds, X% threshold, Y% threshold, Z% threshold)
  • Inputs should also include: Risk %, FX rate (for foreign indices), Contract Size and Min Lot, Take profit% and Stop Loss%












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Project information

Budget
100+ USD
For the developer
90 USD
Deadline
from 2 to 10 day(s)