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Expert Advisor EA
multi grid system>>reading signals from different indicators in the chart and placing pending orders considering market-movements of the past
The EA should be able to read trading signals from the chart (reading objects by iCustom,
MT4 objects, etc ), there should be maximum compatibility so that the EA can read signals
from many indicators.
The EA should be able to work with each arrow, independently which idicator draws it.
In this point there are proposals awaited from the coder how to solve that in the best way.
Please give your proposals in front of your offer.
The sence of the EA is to calculate an order set of up to 10 orders when a signal comes.
When a signal got readed, the EA should place an order set with up to 10 pending orders, with different configurable „entry“ and „exit“ settings (in „opposite“ and in „same“ direction to the trading signal). It works little like a multi grid system. The EXIT and ENTRY settings always will be calculated regarding the marketmovement of the recent past. This will be configurable by setting a number of percent for calculating the past market movement to a number of pips, which will be the difference of order to the trading signal
For calculating the market movement of the past, the EA is configurable and can use 2 difefrent ways to calculate it. One option is by reading it from the last candles, other option is reading by zigzag indicator.
When a signal comes the EA calculates this order set, regarding the market movement in the past.
There will be „entry“ settings and „exit“ settings, and settings how to read the market movement in the past. - for each pending order.
Exit settings will be splited. There will be 2 kind of „exit“ settings. One is the regular TP SL TS settings. Another is settings for „exit by opposite signal“. If insert values here, and an opposite signal comes during operation, the EXIT settings (TP,SL, TS) will be recalculated and regular values deleted/overwritten, or position directly get closed by opposite signal if set 00 here.
For each of these pending orders, there should be a single part in the EA, call it „trade box“, where this trade can be configured. So each of these 10 pending orders can be single configured. There is needed up to 10 trade boxes, or a solution to open as many boxes as the trader needs. For that it would be good to find a solution where the trader can make the boxes he need visible, not needed boxes stay not-visible.
The EA should only control its own positions and should not deal with positions opened manually or by other EAs, or by the same EA in other chart/timeframe.
Also the EA should be able to manage the positions „signal based“. That means if the EA opens XX positions on a trading signal, this group of XX positions need to be managed alone (without all other positions) – (for example needed for the group tp, other example when an opposite signal comes all not executed pending orders of that group need to be closed. Also.„group-take-profit“ should only work for the opened positions by one signal. So if different groups are Other positions from another signal should not gets not affected.)
Here the coder need to decide how to realise this. Please give your proposals in front of your offer
All these operations should work in stealth mode, so that everything is hidden from the broker. BUT all operations must be visible for trader. Means that all calculated pending orders - entry level, TP SL TS etc – should be visible in the chart and in an order list (like mt4 trading table). Also the calculation of the „past market movement“ should visible in the chart. Finally ALL operations should be visible, so that the trader is able to retrace (in graphical way) what the EA is doing. Here will be no exact description how to make it visible, herefore the coder need to propose the solution. Please give your proposals in front of your offer
Basic settings:
-Basic Timer
-trade more signals in one direction
-stealth mode
10 or unlimited order boxes (here settings for 1. order box)
ENTRY settings:
-lotsize
-entry level calculation xx% of past market movement (last candles or zigzag) distance to the signal
EXIT settings:
-Take Profit calculation xx% of past market movement (last candles or zigzag) distance to the opposite signal
-Stopp loss calculation xx% of past market movement (last candles or zigzag) distance to the opposite signal
-Trailing Stop calculation xx% of past market movement (last candles or zigzag) distance to the signal
EXIT settings by opposite signal
Take Profit calculation xx% of past market movement (last candles or zigzag) distance to the opposite signal
Stopp loss calculation xx% of past market movement (last candles or zigzag) distance to the opposite signal
Trailing Stop calculation xx% of past market movement (last candles or zigzag) distance to the opposite signal
GROUP-SETTINGS signal-based
-group Take profit, set number of pips, or xx% calculation of past market movement (last candles or zigzag) - here the group TP
The copyright + source code of the EA must be full on the side of the buyer.
Please give in first step your feedback about the 3 points which are marked by thick typo
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