All orders
Rules
Specification
I am looking for a programmer to develop a an expert advisor that can trade signals from telegram. The signals format is Buy XAUUSD and Sell XAUAUD. I want the system to just submit the orders at market price instantly as soon it is received and manage the trades according to the following parameters; Also sample of telegram signal is attached.
EA PARAMETERS
Trading Time (GMT):
This defines the specific time window during which the trading system will be active. The system will start executing trades at the beginning of this period and stop trading at the end. For example, if set to "08:00 to 22:00," the system will operate from 08:00 AM to 10:00 PM GMT.
Pair List:
This is a list of currency pairs that are allowed to be traded by the system. Only the pairs specified here will be considered for trading. For example, if the list includes "XAUUSD, XAUEUR, XAUGBP, XAUAUD, XAUCHF," then trades will only be executed on these pairs.
Lot Size:
This indicates the fixed amount of currency or commodity units to be traded for each set of two pairs opened simultaneously. The lot size applies equally to both sides of the trade (buy and sell orders).
Take Profit by Profit ($):
This sets a target for the total dollar profit that must be reached before both trades (buy and sell orders) are closed. For example, if the target is $500, the system will close the trades once the combined profit of both positions equals or exceeds $500.
Take Profit by Pips:
This specifies a target based on the total number of pips gained across both trades. For instance, if set to 200 pips, the trades will close once the cumulative pip gain from both positions reaches 200 pips.
Close by Loss ($):
This sets a threshold for the total loss in dollars that will trigger the closure of both trades. If the combined loss from both positions reaches this amount, the system will close the trades to prevent further losses.
Take Profit:
This sets a specific Take Profit (TP) level for each individual trade, measured in pips from the market price. For example, a 500-pip TP means that each trade will close once the market moves 500 pips in the favorable direction from the entry price.
Stop Loss Set by Pips:
This establishes a Stop Loss (SL) level for each trade, measured in pips from the market price. For example, a 500-pip SL means that each trade will close if the market moves 500 pips against the trade.
News Filter Time:
This parameter defines the period during which trading will be paused before and after high-impact news events. For example, if set to 30 minutes, the system will stop trading 30 minutes before and after such news events to avoid volatility.
Number of Trades:
This limits the number of active trade pairs for each buy and sell order combination. For instance, if the value is set to 1, only one trade combination (e.g., Sell XAUUSD and Buy XAUAUD) will be allowed at a time. Any additional signals for the same combination will be ignored.
Close on Reverse Signal:
This setting determines whether the system should close existing trades when an opposite signal is received. If set to "Yes," and if the system receives a new signal that contradicts the current open trades (e.g., it receives a Buy signal for XAUUSD while XAUUSD is currently being sold), the system will close the current positions before opening the new ones. If set to "No," the system will keep the existing, trades open despite the new signal.
Close All by End of Day: YES/NO:
This setting determines whether all open trades should be automatically closed at the system's designated closing time. If set to YES, the system will close all active trades when the trading day ends, regardless of their profit or loss status.
If set to NO, the trades will remain, open beyond the closing time and continue into the next trading session.
