Trend following EA that places long/short trades based on candle closes above/below a defined moving average. For the entry order to be placed, different filters (that can be activated or not) must be considered. Some filters occur in different timeframes, but most calculations are considered in the chart's timeframe. The exit strategy is based main on a trailing stop by zigzag system, also relative to the chosen moving average of reference.
The EA also needs a simple trade assistant panel that allows me to change a few key parameters, and activate or stop the EA directly from the panel. Also, it needs some general settings such as trading hours and max number of trades.
It should check for entries at every tick, but trailing stop and other calculations are at bar closes.
The lot size is calculated using the technical stop loss price calculations and the determined $Risk per trade.
Short position logics are always the exact opposite of Long trades, no crazy complexities really.
Because I have worked with software development for a while, I'm able to provide a very detailed 11page document before we agree to proceed. It contains a list of functions, input parameters expected, a draft of how the panel should look (open to suggestions here), details of rules, examples and a few relevant images detailing the essential logics.
Here is a list of the functions:
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Trigger (entry signal detection relative to Moving Average Reference)
Filter > Buy/Sell lines
Filter > D1 timeframe MA
Filter > Current day direction
Filter > IFR values (on different timeframe)
Risk setting > Calculating technical stop loss
Risk adjusting depending on trade result
Exit strategies (Trailing stop and max targets)
Break-even exit strategy
Trading hours (start and finish) for new positions and Day trading closing hour
Trading type (swing or DT)
Position side (Long or Short)
Max trades before deactivate
Chart panel trade assistant
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This EA is for personal use.
For this one, I'd prefer the possibility of receiving the source code. So if you are able to do so, please indicate clearly.
Also, I do have another 2-4 EAs to be posted, so I'm definitely more inclined to work with someone that a) shows a great quality work, and b) is interested in developing more EAs and indicators for me in the near future.
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