Specification
Hello programmers
This is a re post, sorry to the moderators, didn't find the re post function.
I am looking to have a robot created for automated Forex trading on MT4 I want a fair few factors done.
Risk percentage -> The percentage of risk taken against capital in lots of .1 (i.e. 0.7 or 11.4 or 7.2 or 2.0)
Accc Digits - 4 for JPY 5 for anything else
Comment - a comment that is entered when a trade is placed.
ENTRY CRITERIA
Envelope - An exponential envelope from 0.01 to 10
Moving Average - Moving average from 1 to 1000
Moving Average Type - 1 = simple 2 = exponential 3= Linear Weighted 4 = High 5 = Low 6 = OHLC / 4 7 = HL / 2
Max Spread - Only takes trades if spread is less than specified value in .1 decimal place
Reset Envelopes - If a trend filter is applied the envelope must retrace to the moving average specified before taking another trade
STOP CRITERIA
Fixed Range Stop - On / Off
Fixed Range Stop Ratio - 0.01 - 10 - the distance away from the entry envelope the stop is placed
S/L in pips - The stop loss in pips
TARGET CRITERIA
T/P in pips - The target price in pips
Target Envelope - the distance away from the moving average the target is placed (may need tweaking here)
Target
% - The % return the trade should make i.e. if the trade has a 50 pip
stop and you want to make 50 pips the value here would be 1, if your
stop loss was 40 and the target was to be 30 this number would be 0.75
FILTERS
DAY - Monday, Tuesday, Wednesday, Thursday, Friday - ON or OFF
HOURS - 0,1,2,3,4,5,6,7,8,910.11.12.13.14.15.16.17,18,19,20,21,22,23
Non Farm Pay Roll - ON or OFF - This will turn the first Friday of the month off for trading
Trend
- 4x Fast and slow value and time period should be added along with On
or OFF filter. I.e.I want to trade EURUSD short with the 20ema and
50ema on hourly 4 hour and daily all in order.
Say the 4 hour 50 is below the 20 this would not meet the rules therefore trade wouldn't be placed.
Separator # - A number that is used to separate different strategies if the same EA is used multiple times.
This
is a simple version of an existing EA I'm aware of but I believe this
can bring along great results if refined more deeply.
I'll pay
the programmer between 10-25USD maybe slightly more if I feel they've
done a great job and obviously happy to share settings.
I
would also like a function that ensures the criteria is maintained. I.E
the trade does not close until the stop or target is reached, this would
be an on/off function.
Also if you feel anything should be added please let me know.
Really looking forward to working with you and generating some results!!!