Termos de Referência
The expert should be able to operate in this way:
- Identify areas of supports and resistances with more liquidity (Buy or Sell Stops);
- Identify the break of these support/resistance zones;
- Identify the formation of "respected" FVG (aka Fair Value Gap, Imbalance, Inefficiency etc.);
- Identify a BOS (aka Break of Structure, break of the last level of High/Low);
- Insert buy or sell orders in correspondence with these FVG (no pending orders);
- Place hidden stop-losses orders above these FVG (the ea should be able to place the stop-loss order without communicate it to the broker. This parameter MUST be editable.);
- News filter (possibility to stop the ea 30-60 minutes before big news or speeches get released. This parameter MUST be editable.);
- Time filter (possibility to let the ea works just between a specific time slot. This parameter MUST be editable.);
- Lot size % (the ea should be automatically able to calculate the exact lot size in percentual of each trade, depending on the exact capital of that moment. This parameter MUST be editable.);
- Dynamic trailing stop (the ea should be able to recognize the exact moment in which he should exit a trade, in parallel with the concept of MARKET STRUCTURE. This parameter MUST be editable.);
- Exit by DD (the ea should be able to close ALL current orders when an exact % of drawdown is triggered. This parameter MUST be editable.);
- Exit by profit (the ea should be able to close ALL current orders when an exact % of profit is made. This parameter MUST be editable.);
- Move to breakeven (possibility to move the trade at the breakeven point when it reaches a 1:1 or 1:2 or 1:3 risk to reward ratio. It depends on the future backtest of this ea, so this parameter MUST be editable.);
For the exact and detailed checklist, specific details or something else, we can talk at the time of the commission agreement.
Thank you,
- z3ppola