Job finished
Specification
Hi, looking for a programmer to create an expert adviser based on the following criteria.
Main indicators (all indicators must allow for adjustments in the intervals, periods and percentages):
- Simple moving average at 200 intervals (Main line)
- Simple moving average 50 intervals
- ATR (14 period)
- A line 0,5% above the main line (in this case the SMA 200)
- A line 0,5% below the main line
Opening a trade (all conditions below must be met)
- a trade is opened when the 0,5% or -0,5% line is touched or crossed
- The ATR must be 4 or above for a long position and 10 or below/under for a short
- The 50 SMA must be above the 200 SMA to go long and the 50 SMA must be below the 200 SMA for a short
- The price must have crossed the main line (in this case the SMA 200) before a new position can be opened
Closing a trade (taking profit)
- When the main line is touched or crossed (in this case the SMA 200)
Stop loss
- there is a 20 point stop loss, where the trade is closed when the price has moved 20 points against us.
Trading times:
- Program starts at 07:00 (UK time)
- Last trade opened at 14:55 (UK time)
- Close all open positions at 17:30 (UK time)
Last note: to open a trade, we use one point inside the 0,50% and -0,50% band to make sure we put on the trade when it is in close reach of the level.
Thanks