Freelance service at MQL5.com: V8 robot

Description

Specification

Robust Strategy: A well-defined, thoroughly back-tested trading strategy that is adaptable to different market conditions.
Risk Management: Incorporation of effective risk management rules to limit potential losses and control position sizing.
Data Accuracy: Reliable and accurate market data sources to inform trading decisions.
Real-time Data Handling: The ability to process and respond to real-time market data efficiently.
Automation: Full automation to execute trades without human intervention, minimizing emotional biases.
Back-Testing: Extensive historical testing to validate strategy performance under various scenarios.
Forward Testing: Continuously test the robot in real-time using a demo account to ensure it performs as expected.
System Redundancy: Backup systems and fail-safes to handle technical issues or outages.
Customization: Flexibility to fine-tune parameters and adapt to changing market conditions.
Monitoring and Alerts: Constant monitoring and the ability to receive alerts or notifications.
Scalability: Capability to handle multiple trading instruments or strategies simultaneously.
Connectivity: Reliable and low-latency internet connection to ensure timely execution of orders.
Broker Compatibility: Compatibility with the chosen brokerage platform or API.
Security: Robust security measures to protect the trading system from cyber threats.
Documentation: Well-documented code and strategy for future reference and troubleshooting.
Continuous Improvement: Regular updates and adjustments based on performance analysis.
Compliance: Adherence to regulatory requirements and trading rules.
User-Friendly Interface: A user-friendly interface for customization and control.
Support and Maintenance: Access to technical support and regular maintenance.
Capital Adequacy: Sufficient capital to withstand drawdowns and margin requirements.

Perfecting a trading robot requires a combination of technical expertise, risk management skills, and continuous monitoring and improvement. It's important to remember that even the best trading robots can't guarantee profits and should be used with caution in the volatile Forex market.

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Project information

Budget

30+ USD

For the developer

27 USD

Deadline

from 1 to 30 day(s)

Specification quality
Result check quality
Availability and communication skills