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Customized Trading Strategy for MT5
Buying strategy:
· Design an automated trading strategy for trading Forex and Crypto-currencies
· The trading strategy must be able to accommodate multiple possible point of entries.
· Create each entry price with two conditions, and one ‘buy’ action
Ø Both 1 stand 2 ndconditions must be true before executing a ‘buy’ action
· Entry price configuration example:
Ø If entry price for coin A reached the first condition value of 0.000049
o And the second condition of coin A value drops to 0.000045
ü Then create a buy order of coin A at the price of 0.000044
· The configuration above will have 10 different point of entries for one pair (see the Trading Input Entries below.)
· Design the trading strategy to allow simultaneous trading of multiple coin pairs
Selling strategy:
· Set an invisible/hidden take-profit condition at a specific percentage for each alt pairs (ex.,1.2%)
· Set an invisible/hidden profit trailing trigger at 0.1%
· Create an invisible/hidden stop-loss for each pair
Create Trigger Alerts:
· Send sound/visual alerts to MetaTrader 5 when reached the set value for each trigger alert: TA1 – TA2 – TA3 – TA4
· Send notification message when there’s insufficient funds
Buy & Sell diagram:
(Find the diagram on the word document)
FETCH TRADING INPUT ENTRIES:
· Retrieve the trading input entries from a spreadsheet or allow the data to be copied and paste from the spreadsheet to an data input field.
· See the attached spreadsheet (Customized Trading Strategy Data.xlsx) for data entries
Ø Example of data entries: First Target Price (FTP) – Second Target Price (STP) – Buy Target Price (BTP) – Profit Target Percentage (PTP) – example: PAIRS1:BTC/USDT FTP1:0.000049 STP1:0.000045 BTP1:0.000044……..PTP1:1.2%
Ø Amount Per Trade (APT): APT:200
TRADING BOT CONTROLS:
· Start/Stop Trading
· Pause/Resume Trading
I would like the bot to stop all buying action when Trigger Alert 4 (TA4) reached its value, example:
(ex:0.000044) |