EA (Expert Advisor) For MT4, Percentage Movement down
$250-750 USD
Closed
Posted about 10 years ago
$250-750 USD
Paid on delivery
I require an expert advisor EA created based on the rules below.
The EA must work in both MT4, and MT5
It must work on standard micro accounts, and ECN accounts
It must work across multiple brokers
EA must work on weekly, daily, 4hrly, hrly, 15min charts
EA must be able to backtest in MT4, and show me the working backtest.
Do not bid if you do not have a microphone to talk over skype.
The winner must be able to talk over skype with a microphone, so if you cannot do that, then do not bid.
The methodology of what is required is given below:
1. Input: NoDaysToLookBack - based on this it obtains the marketHigh (high of the market) (default= 30)
2. Input: PrecentageBreakDown - i will input something like (5%, 12.5%, or something) (default = 12.5%)
3. Position Size (default = 0.1)
4. Target (1,2,3,...) (default = 1)
Now, EA then draws lines based on high and percentage breakdown
It draws the first line at the HIGH, the other lines are drawn by the high into equal parts based on PercentageBreakDown
So for eg.. if i was to have inputted 10%, then it will
- Draw a line a the very high
- draw another line 10% below the high
- draw another line 20% below the high
- draw another line 30%, 40%, 50%, 60%, 70%, 80%, 90%, .... below the high..
- So it would have drawn 10 lines.
Now after that it also draws lines halfway between the two lines.
And it draws small lines 1/8 above and below these lines. (1/8 of distance between to major lines)
Entry:
At the major lines (so 10%, then again at 20%, then again at 30%)... its a little more complicated because it needs to buy just above (based on 1/8 lines)
Profit Exit:
If set to 1, then at next major line up
If set to 2, then 2 lines away
At the next major line above.. So if you bout it at 10% drop (ie the 90% line), then sell it when it gets back to 100%
if you bought it at 20% then sell it when it gets to 90% lines ... etc..
Its a little more complicated, because you sell just below the line (based on 1/8) below it.
Stop Loss:
No stop loss is places, multiple trades continue to be opened until profit target is hit.
What happens when a new high is made
EA recalculates everything based on new high, so everytime a new high is made, all the lines are recalculated and re-drawn
This needs to work on hrly charts
Anyway that is the guts of the EA.
I can get this done. I understand the logic and indeed it is very similar to how the previous program works. However, for this one, I don;t plan on reusing code. I will rather start from scratch and build it using limit orders as you mentioned you prefer. The logic is pretty straightforward and give my previous experience with the other project I think I can get this working real quick.
I can have the mt4 version ready tomorrow and the mt5 version either tomorrow as well, but later, or the day after that in the morning.
Hey,
Clear instructions. I'd be pleased to help you with this. I think I understand exactly how you want the percentage levels to work, but if I'll come across any issues that are not clear, I'll ask you about it. After all, we'll be chatting on Skype about this my ID is eabuilder).
My quote is $500 if no other complex options are added, and my turnaround between 2 and 2 business days. The quote is for both MT4 and MT5 versions. If you decide that you only need the MT4 version, my quote is $300.
I can also add some basic options such as trailing stop, breakeven, intra-day trading windows and stealth SL and TP free of charge.
Let me know if you're interested to talk more details.
Thanks,
Phillip,
eabuilder team.
Hello. From reading your specifications, I'm assuming the EA is always placing BUY orders. This will work on MT5 where you can only have one open position per pair.
I've been developing MT4 EAs/Indis/Scripts for four years. I've been coding in MT5 for ~1.5 years. Prior to becoming a trader, I was a software engineer for 20 years. I charge $25USD/hour so have bid 20 hours for the project. If it takes less, I will charge less; if it takes more, I'll give a few free hours.
Hi,
I am Didarul Islam, a Zend Certified Engineer, from Unity Solutions of Bangladesh. We can do the job within 20 working days.
working days count must be you supply all require document.
If you award us the job, you will get the following benefits:
As we are new at Freelancer.com, we are giving this facility to all our clients. The only thing is important to us is 100% client satisfaction and create a long term relationship with our client.
Hope to work with you.
Thanks.
Didarul Islam
for Unity Solutions of Bangladesh
Hi, I'm an expert advisor developer and a news trader with pepperstone broker. In my EA i make use of lines, times and dates so I'm the perfect freelancer to hire for this work. I would cost more than an indian guy but my work will be exactly like if you code it. And I would be able to do further customizations to your work.