Job finished
Execution time 17 days
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Hi, I'm looking for a developer to develop a strategy that uses ATR channel and Divergence Indicator. Please email me if you are interested and we will follow up.
This strategy utilizes two trade filters. Trade Filter 1 will help to implement the first screening of all possible trade signals.
After which, Trade Filter 2 will be implemented to further filter down those trade signals identified in Trade Filter 1. And also to confirm whether the trade signals are executable.
The two trade filters are as follow.
Trade Filter 1: ATR Channel
Trade Filter 2: Divergence
Once the signal is confirm, the Expert Advisor (EA) will execute the trade base on the following formula where the number of lots to be traded are calculated by the EA.
The Trade Exit will be base on the following,
•Stop Loss Hit
•Target Profit Hit
•Stepped Stop Loss Hit
The Stop Loss and Target Profit is clear cut. It is a predefined price level. Once the price is hit, the trade will exit.
In addition, there is a in-build mechanism to protect ones profit. Meaning the Stop Loss will move closer and closer to the Target Profit as the price enters into the profit zone, hitting specified levels. (Note: This is not a trailing profit mechanism)
My Email: weiconghong@yahoo.com
Responded
Arbitration
155
20%
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52%
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