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Hi! How are you? And happy new year!
I use a Mean Renko chart to trade gold. Each Renko brick has a variable pip size but on the XAUUSD chart it is 60.
To get this chart you have to download it from Mean Renko (ovo.cz)
This is free to use for 7 days and after this you need to purchase it if you like it (for $45).
They also have an Omnia Remote Control indicator that you can download. I use this one to switch very simply between brick sizes.
This indicator is totally free.
I use another indicator from Buy Sell Magic Indicator for MT4 - Download FREE | IndicatorsPot
This one is totally free to use but it's an awesome one in combination with the Renko bricks.
Then I use one more indicator called the Zen Buy/Sell which prints support/resistence levels, 1H are in Green. 4h support is in White and 4H resistence is in Blue.
My strategy was: Only take buys above a white 4H support and only take sell below a blue 4H resistence.
Now I would like to automate this strategy by using an EA so the trades are placed automatically during the day and I do not have to watch and wait
for the arrows to print.
In the EA I am looking for:
- Automatic placement of Buy and Sell orders according to the above written strategy on the Red and Green arrows that are printed bij the Buy Sell Magic indicator.
Maybe you can find an amazing value for the Signal Period inside of the Buy Sell Magic indicator to let is print perfect arrows? In the screenshots you can see the difference between 3 and 5.
- Automatic SL input.
- Automatic trailing SL after certain profit levels are reached. Maybe you know a good tactic to this? This is because Gold can have a big pullback and then go on in the previous trend (strategy optimization).
- The option to take BOTH buys and sells no mather the white or blue supprt/resistence, to test out how profitable this could be.
- If you are (really) fast maybe let it run for 24 hours on a demo account and show results?
- Ofcourse I would like to have the source code file when everything is completed. Maybe if this works well we can think about more updates.
After agreeing to the job I will send you the mean renko indicator that you can put on a live chart and then open the real renko chart on a offline chart in MT4.
Also I will send you the other 2 indicators.
If possible it would be nice to do it A.S.A.P. with a max. of 4 days.
I put an amount of $30 for the budget but it could be more, we can negotiate this ofcourse.
Please let me know and I'm looking forward to it!
Greetings,
Lourens