Hi there, I would like an automatic trading bot that works like the following example..
I buy 100000 ABC shares to start the trade at 14 cents. When the share price goes up to 15 cents the Bot sells. Once the sell order is filled a buy is then put in automatically at 14 cents but for 106857 shares (from the increase in the cash minus $40 brokerage)
Once the buy order is filled a sell order would be placed for 106857 shares at 15 cents. Once sold, a 14 cents buy order for 114203 (increased cash - brokerage) Then a sell again at 15 cents and buy of 122074 at 14 cents etc etc until the bot is manually stopped.
I would like all of the variables such as price of buy/sell and percentage of shares bought/sold before new orders are placed to be adjustable (for example new sell order placed once 95% of buy order filled). But only needs to be when setting up the Bot.
Stop loss measures and trailing stops would also be needed, as well as measures against loss of internet connection. I'd like the Bot to run day to day unhindered, unless stopped or adjusted.
I'm currently using Commsec Securities. I'm not sure what additional information you may need and am not sure of any language barriers or lack of understanding of what I want. Any questions please ask. I've left payment and time frame open to discussion.
Regards James
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