TREND TRACKER 2 TRADER

Hello,

I want to create an EA that can be able to take and optimise trade bids using the trend tracker concept I have developed. The tracker will monitor 2 lines to determine the trend of the market and afterwards take bids towards the correct direction. It will also be able to use a distance between the bids for the direction of the trend and plan a reverse bid when the price of the extreme doesn’t change again.

The EA will be made up of 4 lines as shown above. 1 = HIGHEST PRICE, 2+ CONTROL HIGH, 3= CONTROL LOW and 4= LOWEST PRICE.

The market will identify the trend when Either the HIGHEST PRICE (1) crosses the CONTRL LOW(3) upwards for a BUY opportunity or when the LOWEST PRICE (4) crosses the CONTROL HIGH (2) downwards for a SELL opportunity.

So when the market position crosses as mentioned above it will initiate the bids correctly towards the direction and then begins a reversal bids when the Extreme prices (1 and 4) stops changing or remains static.

 So in the 2 pictures above, at picture 1, it is a BUY bid upwards from the price position and in Picture 2 ait will initiate a SELL bid downwards

EA will then take bids after identifying the position and takes reversal bids when price of the extreme position (1 and 4) remains static

So, the market starts after installation and then take bids ONLY when the position crosses each other. Crossing from the bottom will indicate a BUY and from the top downwards will indicate a SELL.

SEE THE VARIOUS PICTURES AND THE ARROWS SHOWING THE DIRECTION BASED ON THE THEORY.

So all I just need is the EA taking timely bids and closing accurately as well for the time the direction trend goes in the right way.

EA will mark following values on a chart: STARTING High price & Low price, HIGHEST & LOWEST PRICE + TIME OF CHANGE, HIGHEST PRICE - GAP (+TIME OF CHANGE) = (CONTROL HIGH), LOWEST PRICE + GAP (+TIME OF CHANGE) = (CONTROL LOW)

EA will indicate the direction of the market on the chart based on the changing side of the CONTROL Prices. So if Highest price doesn’t Change again and price falls below the CONTROL HIGH, then the Direction will be a SELL and Vice versa if price goes above CONTROL LOW position, then it becomes a BUY.

After Market moves to a Buy or Sell, it will continue the trend with bids until the trendline afterwards doesn’t reach the previous extreme of the last trendline. So if the New highest of current candle doesn’t reach the previous high, then the BUY bids will close and wait for another new opportunity to enter at a lower price of the candle. And vice versa for SELL.

The position where the CONTROL PRICES cross each other will determine the bid action and EA will activate bids immediately from the price onwards.

If the Control SELL crosses the BUY after moving UPWARDS, then the Market EA will activate a BUY POSITION above the price of CROSSING and take BUY bids UPWARDS.

If CONTROL HIGH crosses LOW after moving DOWNWARDS, then the market EA will activate a SELL POSITION below the price of CROSSING and take SELL bids DOWNWARDS.

Variables will include

Distance between to calculate the 2 lines. Each of the lines will use the Highest price downwards and the Lowest price upwards to calculate the green and red lines.

Both will use and have same distance.

Movement afterwards will determine the movement and direction of the bids.

Also note that

Only Serious and immediately available developers should apply

EA will be tested in real time for up to 2 weeks to confirm first review

Their will still be up to 2 Months post revision in case there is any issue on the EA

Source code will be delivered after project.