I am reaching out with a project proposal for the development of a Session Momentum Expert Advisor (EA) that will allow us to capture significant market moves during session openings.
Project Overview: I am looking to create an Expert Advisor (EA) that can effectively identify and capitalize on rapid price movements that occur at the start of trading sessions. The primary goal is to develop a robust tool that can automatically determine trade direction, execute orders promptly during session openings, and implement risk management features. Additionally, the EA should offer flexibility in terms of session selection, order management, lot sizing, and trade exit strategies.
Key Features and Specifications: Here are the key features and specifications that I would like the EA to include:
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Directional Intelligence: The EA should be able to determine the optimal trade direction at the beginning of each session.
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Fast Execution: It should be capable of executing orders promptly when it detects fast price movements or spikes during session openings.
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Session Selection: The EA should allow users to select trading sessions by syncing with the broker's clock or using the system clock.
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Customizable Options: The EA should offer a wide range of customizable input parameters, including:
- Trade Buy/Sell options.
- Support for manual orders alongside automated trades.
- Maximum number of concurrent orders.
- Order comment feature for better tracking.
- Initial lot size (Start Lots).
- Lot size multiplier for position scaling.
- Maximum lot size for risk management.
- Take Profit (TP) points for profit locking.
- Stop Loss (SL) points for risk control.
- Trailing Stop with parameters for Trail Start and Trail Step points.
- Maximum spread for order execution control.
Deliverables: I expect the developer to provide the following deliverables upon project completion:
- The fully functional Session Momentum Expert Advisor (EA).
- The fully functional Session Momentum Expert Advisor (EA) source code.
- Detailed documentation explaining the EA's functionality and how to use it effectively.
- Any necessary support or clarifications during and after the development process.
- Tested on each session and proven to work.
Timeline: I would appreciate it if you could provide an estimated timeline for the completion of this project. Please let me know the expected development duration and when I can anticipate having the EA ready for testing and deployment.
Budget: To ensure a smooth development process, I am open to discussing the budget required for this project. Please provide your quote for developing the Session Momentum Expert Advisor (EA) based on the specified features and requirements.
If you have any questions or need further clarification regarding this project, please don't hesitate to reach out. I am excited about the prospect of working together to create this valuable trading tool.
Thank you for considering my request, and I look forward to your response.
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