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Hi, I am looking for an experienced coder to create a
momentum based auto trading EA based on the following parameters:
1) The
EA should allow the user to specify how often it checks the markets e.g. 5
seconds, 10 seconds, 30 seconds, 1 minute, etc.
2) It should allow the user to enter the trade size e.g. 5000, 10000, 50000, 100000, etc
3) Based on the frequency specified the EA should check the price movement. It should observe last 3 price movement checks to determine the momentum of the market
4) The
EA should allow the user to specify an up threshold
5) If
the momentum of the market is greater than the upthreshold, the algorithm
should enter in a buy side trade
6) The
EA should also allow the user to specify a down threshold
7) It
should check the markets and observe last 3 price movement checks based on time interval
specified in step 1. If the momentum of the market turns negative based on the
last 3 price movement checks and is greater than down threshold then it should close the trade.
8) Currently
this EA is a buy side only and it should only open one trade at a time
9) This
EA should be usable on any currency pairs
10) A
simple VB.net code is available to explain the logic for entering and exiting trades
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