Trabajo finalizado
Tarea técnica
i need a bot that can,
1 identify these candlestick patterns.
a. bullish and bearish Marubozu
b. Hammer
c. Hanging Man
d. Inverted Hammer
e. Shooting Star
f. Bullish and bearish Engulfing
g. Tweezer Tops and bottoms
h. Morning and evening Star
i. Three White Soldiers
j. Three Black Crows
k. Three Inside Up and down
TRADING STRATEGY
2. accurately analyze chart data of 5 symbols EURUSD, GBPUSD, USDJPY, XAUUSD(GOLD), CL (SPOT CRUDE).
in the following way, -
analyze monthly and weekly time frame first to find trend direction of each symbol.
then go to the daily timeframe and confirm the trend direction.
once confirmed uptrend or downtrend it should move to the 15 min time frame, then plot 2 things there, an accurate and latest support and resistance levels using price action on the chart and a fibonaci retracement tool plotted from swing high to swing low(downtrend)swing low to swing high(uptrend), based on the latest support and resistance levels that the bot found, and wait for the candles to retrace to any of the values on the fib, forming a key level
once support and resistance are plotted and key levels identified successfully it should analyze candlestick patterns on those levels in case it identifies any of the above candlestick patterns on those key levels it should plot a 8,14 exponential moving average in blue and red where the blue crosses the red at or near key levels bot enter for a buy if the red crosses blue near or at a key level bot enter for sell only after identifying key levels on the fib retracement tool, candlestick patterns identification on the key levels,and moving average cross
trades should be exited in the case the bot identity's any of these reversal candlestick pattern mention above or these patterns - Spinning Top
Doji
while monitoring the trades
RISK MANAGEMENT
also, before entering the trade, it should calculate the appropriate stoploss and take profit for each trade, by putting take profit on next key resistance or support level and stop loss should be set at 1% below the entry price, calculate the lot size to use by using a 1%risk per trade and the stoploss distance found with this formular Lot Size = (Account Balance * Risk Percentage) / (Stop Loss Distance * Pip Value) , measure the risk to reward ratio using this formulae Risk-to-Reward Ratio = (Stop Loss Distance) / (Take Profit Distance) and only join if it is or above. 2;1, the bot should only be at 5 trades at a time not more.
lastly the bot should only trade during the Tokyo, London and Newyork session, and send an email after a trade is exited or take profit is hit on (victormbiginjuguna@hotmail.com)
should be able to operate in mt5.