Hi There, my name is Jordan and I’m based in Australia. I’m looking to get an EA developed through freelance work and I’ve outlined some rough details of the intended EA, which is a similar concept to an existing EA by Andrii Hurin called “Time Range Sweep EA”. There are quite a lot of similarities to the reference EA and these include:
- · Trade on any market and instrument or on several pairs at the same time, even with different time settings.
- · Select any time frame for trading, select a Time Range and a Trading Time, if an order was placed during the selected trading time but not triggered, it is canceled automatically.
- · Full customization of risk calculation for entering a trade (percentage from account, fixed lot or risk in dollars).
- · Choose a spread in ticks to be added to Entry price and Stop Loss price.
- · Choose the Take-Profit by RR.
- · Set the transfer of the stop to breakeven after X RR.
- The subtle differences in comparison to the existing EA include:
· Entry is not based on a FVG, rather it is based on an entry candle that sweeps the lows or high of the range.
- · A “sweep of the high” is defined where the entry candle high must be > than the range high, but the candle close must be < the range high, then a sell stop order is entered once the 5-minute candle is closed. Similar for a “sweep of the lows”
- · There are specific rules for the entry candle such as pip size of candle, volume of candle, and time related
o E.g. If pip size of entry candle is > x pips then trade not entered
o E.g. If volume of entry candle is > y pips then trade not entered
o E.g. If the entry candle occurs after x minutes after the end of the range the trade will not be entered
- · If max loss of trades within the same trading day is >= x% then do not enter anymore trades
Hopefully that outlines some rough details to gauge you interest. Backtesting and optimisation is excluded from this scope. If you have further questions, please send them through and we can discuss further with screenshots and examples.
Kind regards,
Jordan Alegre
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