I am looking for an experienced programmer to develop an EA based on Fibonacci Pivot Lines. There is a similar working EA available in EX4, which can be used as a reference, but will require some custom tweaks. Additionally, I will need a few indicators developed as a separate job.
Sterategy:
The strategy is based on the Pivot Point Trading system, which requires instant Buy/Sell actions when the price touches the Fibonacci lines and specific conditions occur such as Pivot Point in different time frames, indicators, news, etc. These trades will be closed based on parameters such as Stop Loss, Price Action, indicators, time, news, etc. Please refer to the below EA parameters to understand most parts of the strategy.
Other requirements:
-
- I will own all copyright and other intellectual property in the code.
- The code should be well written and have good performance. Preferably, most parts of the code should be written in classes or libraries so that components can be easily added or removed.
- The source code should be provided and have commenting and narrative for each component to ensure understanding and consistency with generally accepted MQL4 coding best practices.
- The EA should work for a 4 or 5 digit broker and will use pips, not points.
- English will be the governing language of this contract.
- Any bugs must be fixed as part of a 1-month testing period. The final milestone will be paid at the conclusion of the testing period.
Please note that I will provide a detailed explanation with the EX4 file of the EA mentioned plus the indicators to the developer later.
Thank you for your interest. Please let me know if you require any further clarification.
Expert Advisor Parameters:
Geeral Setting
- Enable FIFO?
- Show Pivot Lines Plot on the Chart
- Show Plot Lines History?
Pivot Setting - Timeframe for Calculating Pivot
- Use Band As Additional Filter?
- Check if the pivot has already been hit
- Pivot Pips Range
- Trade on S/R23?
- Trade on S/R38?
- Trade on S/R61?
- Trade on S/R78?
- Trade on S/R100?
Martingale & Averaging - Activate Martingale?
- Marti Method. 1=Smart Band, 2=Fixed Distance, 3 =Smart Oscill 4= Reserve
- Oscillator Timeframe (if marti method =3)
- Lot multiplier
- Floating in pips to start adding volume
- Floating Pips Distance multiplier if marti method=2
- Floating Pips Distance Multiplier Start at Layer Number?
- Lot Multiplier start from layer 6
- Max opened trades per cycle
- Use averaging?
- Activate martingale/averaging after floating X hours?
Trailing Stop - Trailing Stop Mode (1 = Pips, 2 = Disable, 3 = Disable)
- Locked Profit in Pips
- Cumulative Trailing Stop
Entry Filter - Starting Lot Size
- Max lot for all trades
- Max spread to enter trade (pips)
- Enable once per bar for subsequent trades?
- Timeframe for once per bar (if Enabled)
- Enter only when breakout (canlde closed after line)
Exit Filter - Enable Stop loss?
- Profit in pips to close all trades
- Close all trades after x hour as long as profit?
- Close all trades after x hours even in loss?
- Trailing Exit
- Trailing on Exit in pips
Trading Day Setting - Trade on Monday?
- Trade on Tuesday?
- Trade on Wednesday?
- Trade on Thursday?
- Trade on Friday?
- Start time to trade - broker time
- End time to trade - broker time
Risk Setting - Max Loss Type (1: in % equity, 2: in pips, 3: in money)
- Max risk in percentage of equity
- Max loss in pips
- Max loss in money
News Filter Setting - Enable News Filter?
- Use low impact news?
- Stop trading minutes before low impact news
- Start trading minutes after low impact news
- Use medium impact news
- Stop trading minutes before medium impact news
- Start trading minutes after medium impact news
- Use high impact news?
- Stop trading minutes before high impact news
- Start trading minutes after high impact news
- Magic Number
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