Termos de Referência
Good day,
I hope this message finds you well. I would like to request the development of an Expert Advisor (EA) for MetaTrader, based on two specific indicators: the Trend Path indicator and the Diamond Reversal indicator. Below are the details for the EA's logic and trade execution criteria:
Sell Trade Criteria:
-
Indicators and Signals:
- Trend Path Indicator: Shows a red trend.
- Diamond Reversal Indicator: Provides a sell signal.
- Price Position: The price must be outside the upper bands of the Trend Path indicator.
-
Trade Execution:
- Entry: A sell trade should be entered when all the above conditions are met.
- Stop Loss: Set the stop loss above the high of the signal bar (the bar where the sell signal was generated).
- Take Profit: The take profit should be set at 3 times the size of the stop loss.
Buy Trade Criteria:
-
Indicators and Signals:
- Trend Path Indicator: Shows a blue trend.
- Diamond Reversal Indicator: Provides a buy signal.
- Price Position: The price must be outside the lower bands of the Trend Path indicator.
-
Trade Execution:
- Entry: A buy trade should be entered when all the above conditions are met.
- Stop Loss: Set the stop loss below the low of the signal bar (the bar where the buy signal was generated).
- Take Profit: The take profit should be set at 3 times the size of the stop loss.
Additional Features:
-
Martingale Function:
- A Martingale function must be implemented to double the trade size following a loss. If the trade results in a loss, the EA should automatically double the lot size for the next trade.
- Additionally, there should be an option to enable or disable the Martingale function and set the maximum number of Martingale steps.
-
Starting Lot Size:
- Include a function that allows the user to change the starting lot size of trades. This will provide flexibility to adjust the initial risk per trade.
-
Risk Management:
- Please include options for risk management, such as position sizing based on a percentage of account balance or a fixed lot size.
-
Customization:
- The EA should allow customization of the parameters for both the Trend Path and Diamond Reversal indicators, including periods, levels, and any other relevant settings.
-
Compatibility:
- The EA should be compatible with the MetaTrader 4/5 platform (please specify which one you will be using).
Please let me know if you require any additional information or have any questions about the requirements. I am looking forward to working with you to create this EA.
Thank you for your assistance!
Best regards,
Dennis
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Cliente
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