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Specification
Trading Bot Based on 3 indicators, you can turn any or all on at any time. Please read everything.
Bot Will Trade Based on 1,2 or 3 Indicators:
1. Moving Average - Indicator can be provided, but I should be able to adjust Period, ability to turn on/off, adjust time frame.
a. Option to choose up to 3 different Moving Averages periods, method and apply to ‘close’ with ability to turn on/off 1, 2 or 3 MAs.
2. Support/ Resistance - Indicator can be provided, ability to turn on/off, adjust time frame.
3. Fibonacci - Indicator can be provided or if you already have one that works well I could use even better. Ability to turn on/off, adjust time frame.
Property Options:
1. Adjust trade lot size/ Dynamic lots
2. Risk amount based on dollar amount/ pips or percentage. Must be a drop-down option for all three.
3. Stop Loss based on last candle open/close price or Last support/ resistance level based on indicator Or select how many pips
4. Breakeven level when it reaches TP 1 level or based on Number of Pips
5. Take Profit based on support or resistance level (indicator above) or Percentage or Number of Pips or Dollar amount. Must have 3 TP levels.
6. Ability to adjust trading time based on four separate time frames, for example: Pre-London, London Open, NY Open. All based on Eastern Time (4am-6am, 8:30am-10am, etc). for each market *for example NY Market* I should have the option to choose the trading hours *8:30am-11am EST*, same thing with London, Asia sessions. Also, option not to trade option *Don’t trade between 3pm-8pm EST*.
7. Engulfing candle settings for entry
8. Maximum trades setting
9. Ability to turn off during red/ big news events
10. Minimum candles between trades
Trade Trigger Triggers when One, Two or all Three below are confirmed when in a trend. I should have the ability to turn on/off any of the indicators
1. Moving Average - Closes above or below MA
2. Support/ Resistance Level - Closes above or below s/r
3. Fibonacci - Closes above or below key levels (0, 23.6, 38.2, 50, 61.8, 78.6, 100). Option to choose any or all levels