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Please provide a quotation for the development of the following idea.
REBOUND TRADER
The EA is to provide the user with 3 sets of trading lines. Each line can be activated / de-activated by clicking the text of the line. When activated the default trade setting is to open a reverse trade when the trading line is breached.
SET 1 - OHL LINES
These lines represent the open, high and low for the current and previous 4 days. The user can define Line visible True/False, text and line colour / style / size etc. for each line.
SET 2 - CUSTOM LINES
25 custom lines available for the user to record historic support / resistance levels. The user can define Line Visible True/False, Price Level, text and line colour / style / size etc. for each line.
SET 3 - PIVOT POINTS LINES
Monthly and weekly Pivot Point levels are displayed on right hand side of chart and extend to the current bar. The user can define Line visible True/False, text and line colour / style / size etc. for each line.
DEFAULT INPUT SETTING:
Display in setting as + expandable groups
+ GENERAL SETTING
Allow Long True/False
Allow Short True/False
Entry Sound True/False
Entry Sound File File reference
Exit Sound True/False
Exit Sound File File reference
Time Filter True/False
Start Hour Value
Stop Hour Value
+ OHL LINE SETTINGS
Day 0 Open Name Value User can name line ie. Today’s Open
Day 0 Open Visible True/False
Day 0 Open Style Value
Day 0 Open Colour Value
Day 0 Open Width Value
Day 0 High Name Value
Day 0 High Visible True/False
Day 0 High Style Value
Day 0 High Colour Value
Day 0 High Width Value
Day 0 Low Name Value
Day 0 Low Visible True/False
Day 0 Low Style Value
Day 0 Low Colour Value
Day 0 Low Width Value
<REPEAT FOR PREVIOUS DAYS 1 TO 4>
+ CUSTOM LINE SETTINGS
Custom Line 1 Name Value Ex. Multi Resistance June 2019
Custom Line 1 Price Value
Custom Line 1 Visible True/False
Custom Line 1 Style Value
Custom Line 1 Colour Value
Custom Line 1 Width Value
<REPEAT FOR OTHER 24 CUSTOM LINES>
+ PIVOT POINT LINE SETTINGS
Monthly Pivot Name Value
Monthly Pivot Visible True/False
Monthly Pivot Style Value
Monthly Pivot Colour Value
Monthly Pivot Width Value
<REPEAT FOR OTHER PIVOT LINES – Week Pivot, month/week res/supp 1,2,3>
+ TRADE SETTINGS
AutoLot True/False Trade size based on max risk % of account total
AutoLot Risk % % Value Trade size calculated as max £ risk / Stop loss Pips
Fixed Lot Value
Partial Close True/False
Partial Close% %
Partial Close Pips Value
Long SL Pips Value
Long Proximity Pips Value Distance +/- to price in pips that trade will open
Long TP Pips Value
Short SL Pips Value
Short Proximity Pips Value Distance +/- to price in pips that trade will open
Short TP Pips Value
Long Trail 1 True / False
Long Trail 1 Start Value Pips in profit
Long Trail 1 Proximity to price Value Pip distance of SL to current price
Long Trail 1 Step Value Step interval in pips that SL follows price
Short Trail 1 True / False
Short Trail 1 Start Value Pips in profit
Short Trail 1 Proximity to price Value Pip distance of SL to current price
Short Trail 1 Step Value Step interval in pips that SL follows price
<REPEAT FOR TRAILS 2 AND 3>
ACTIVATING A TRADING LINE
An Inactive trading line will display as :
When the user clicks the line text a popup will appear to allow the user to select either defaults for the trade or enter user defined values.
Once set the trade line is active and will display as :
An active Trade line can be de-activated by clicking the line text.
When price comes to within the set proximity of an active trading line a trade will be opened. The trading line will then de-activate itself. The trade will follow the set S/L T/P etc. and the default Trail 1,2,3 settings. If price comes to within the proximity of another active trading line the current trade will close, and a new trade will be opened. Only one trade is open at any time.
When the trading lines on the chart are close together the texts of the lines should be vertically spaced to maintain clarity. See example below.
When the user hovers the mouse over the text of an active trading line the trade settings are displayed as :
See example below of typical layout.
