Termos de Referência
NOTE: Please apply only if you can do the job in 24 hours. Moreover you can download the demo of the indicator and do a simple test with it to ensure the EA is able to open trades etc etc before applying for the job. Else this is a waste if everyone's time.
THE INDICATOR PROVIDES BUY AND SELL ARROWS
https://www.mql5.com/en/market/product/114661?source=Site+Market+MT4+Indicator+Rating006#
1. EA to buy and sell on the arrows of the indicator (Red or Green)
2. The Option of using the indicator's take profit (TP1/TP2/TP3/TP4/TP5) and stop loss levels for the EA (Force Close on Reverse Arrow).
3. The option to provide my own Take profit and Stop loss levels per trade (Force Close on Reverse Arrow).
4. The option for a stop loss, and the trade automatically close on a reverse signal.
It gives alerts for TP1, TP2, TP3, TP4, TP5 and SL with Arrows. TP Mode = Manual/Automatic and SL Mode = Manual/Automatic. These two should be separate. For example, if am setting TP as manual 100 points I should be able to select SL = Automatic. Similarly, the other way around. If I select Automatic TP, I should have an option to select TP1 OR TP2 OR TP3 OR TP4 OR TP5. Of course, there is only one SL. Most importantly, all trades should force Close on Reverse Arrow and new trade gets open.
Option to push the Automatic SL when set to TRUE by certain number of points. Suppose Automatic SL is 100, if I add 20 points to be pushed the SL set by EA is 120 points.
Similarly option to bring the TP target close by certain points. If the automatic TP is 100 and if I select Bring TP closer by points = 20, the TP is set to 80.
This is to avoid slippage situations.
EA Settings
Magic =
Trade by = Risk % OR Fixed lot size OR Autolot
Risk % = *% of account balance
Fixed Lot Size =
Autolot size = *number starting from 0.01
Autolot Currency = *enter the currency value for the lotsize. Suppose Autolot is set as 0.01 and Autolot Currency is set as 1000, the EA will calculate trade lot size based on this.
Max Lot size = * EA will not open trades beyond this lot size
Max Spread = * EA only opens trades within this spread limit
Max open trades = *Maximum number of open trades at any given point
Trade Buy - *allow the adviser to buy.
Trade Sell - *allow the adviser to sell.
Hedge = TRUE/FALSE *allows the adviser to trade both directions, buy and sell. If off, only one trade direction. This cannot be set to TRUE when the user selects “Force close on Reverse Arrow” recovery option
TP Mode = Manual/Automatic
SL Mode = Manual/Automatic
Push SL Further = TRUE/FALSE
Push SL by points = *(Put the number of points)
Bring in TP closer = TRUE/FALSE
Bring TP closer by points = *(Put the number of points)
Recovery = Force close on Reverse Arrow = TRUE/FALSE
Start hour = *Trades for the day starts here
End hour = *Trades for the day ends here
Trade Friday = TRUE/FALSE
Trailing = TRUE/FALSE
Trail Start =
Trail Step =
Trail Stop =
BE Profit points = *This is used for BE closure without making loss considering commission and other factors.
Trailing TP = Manual/Automatic
Manual Trailing TP Start point =
Trailing by TP should have TP1/TP2/TP3/TP4/TP5.
IMPORTANT: If I enable Trailing by TP1 and if the price crosses TP2 for a trade the EA should automatically move the trailing TP from TP1 to TP2. Likewise if the price crosses TP2 the EA should move the trailing TP from TP2 to TP3. This should be done until final TP5.
Points to move for Trailing TP change = If I set TP1 as trailing profit and the “Points to move for Trailing TP change” as 200, then from TP1 price if the price moves up by 200 points (for buy) or moves down by 200 points (for sell) only then the Trailing TP is moved from TP1 to TP2. And so on for TP2 to TP3 up until TP5.
If I set the above “Points to move for Trailing TP change” as 0, this option gets disabled. And as soon as the price crosses TP2, the Trailing TP gets updated to TP2 and so on until TP5.
Please keep everything in points.
Equity Protection = TRUE/FALSE
Close all trades when DD reaches = NO OR % of balance OR Currency *EA turned off and starts next day automatically
Close all trades when daily profit reaches = NO OR % of balance OR Currency *EA turned off and starts next day automatically
Stop EA when the overall profits Reach = NO OR % of balance OR Currency *EA turned off permanently.