Simple Moving Average with Hedging

Job finished

Execution time 3 days
Feedback from employee
Good and patient client.
Feedback from customer
Totally happy with the service.

Specification


  • Buy trade based on close price candle over 50 period SMA, with TP 80 pips and SL 40 pips, and lot size 0.1.
  • Sell trade based on close price candle below 50 period SMA, with TP 80 pips and SL 40 pips, and lot size 0.1. 
  • Hedge begin, if the current Buy trade fall below or equal to 30 pips (the market is change in direction to downtrend), then enter a Sell trade with TP 80 pips and SL 40 pips, with double the lot size to 0.2. The same thing would happen if the current trade is the Sell trade (the market going up to 30 pips, enter a buy trade with same TP and SL).
  • The hedge would flip back and forth continuously between buy and sell trade and with each iteration increase the lot size by multiple of 2. For example, first trade was a buy trade with lot size of 0.1, second trade would be sell trade with lot size of 0.2, third trade would be buy trade with lot size of 0.4, and there so on until the last trade for this hedge, for example the fifth trade (lot size of 0.16).  The hedge stop only when the take profit hit or the last trade on the hedge, for this example would be the fifth trade hit. Once the hedge trade stop, the program would once again look for another potential trade with lot size start over again.
  • Please include the date and time filter too. For example, I would only like to open trade for EUR/USD from Monday to Friday and from 8AM - 1PM. The tweak to this time filter is that if once the hedge trade begin, and by around 1PM reached, the hedge would still continue until the hedge stop (so this kind of ignore the time filter for this case), which is only stop if the Take Profit trade is hit or last trade on the hedge is reach. 
  • I need a stable run code because I would run test on multiple pairs and timeframes.


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Project information

Budget
100 - 150 USD
For the developer
90 - 135 USD
Deadline
from 1 to 10 day(s)