Specification
1) I have one MT4 technical indicator that I want to use to trade automatically with.
- I'll provide the details of the technical indicator to the chosen developer for them to think of a proof of concept / feasibility studies.
- Based on specific entry criteria by the technical indicator i.e. EA will read the technical indicator and (1) Buy when Up Arrow show and (2) Sell when Down Arrow show
2) Provide the MQ4 source file and it's compiled EX4 file so that it can trade automatically.
3) The input variables should include minimally the following:
* Max trades (each trade open will call on a script (I can specify which script to open, stop loss and take profit will depend on the variables below), for example:)
Note: Different trading scripts cos I can select for different script to open:
1) Single trade only
2) Multiple trades e.g. 4 of 0.25 lots each, 3 of 0.01 lots each, 2 of 1 lot each, etc.
Alternatively, you can build-in all these input variables in the EA also.
* Lot size (adjustable manually)
Account Balance | Lot size (adjustable manually) |
---|---|
<=$1000 | 0.01 |
$2000 | 0.02 |
$3000 | 0.03 (+0.01) |
$4000 | 0.04 (+0.01) |
$5000 | 0.05 (+0.01) |
* Take profit (in pips) per position
* Stop loss (in pips) per position
* Trail start (profit in pips to activate trailing stop) per position
* Trailing stop (in pips) per position
* Trail step (step in pips for the trailing stop) per position
* Trading days (e.g. Mon and/or Tue and/or Wed and/or Thur and/or Fri)
Please let me know if you have other variables that you suggest I should have.
4) If you can do this Job let me know.
5) Thanks!
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