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Create EA to trade custom indicator rectangles alongside other rules

$30-250 NZD

In Progress
Posted about 6 years ago

$30-250 NZD

Paid on delivery
I'm looking to develop an EA that allows me to trade rectangles that are created in a separate indicator called II_supdem; this indicator generates rectangles that are used to define possible risk and targets on a trade, For specific order levels I have specified a number of pips to enter orders above or below the supdem indicator objects, the risk for all trades and therefore the lot size for each half of the trade, and all target calculations are all based on this - so it is important The trading EA it trade them based on a simple rule of only entering trades at the supdem levels when prices are outside of the 2.5 std deviation 20 period ma bollinger bands EA Inputs i) Pip Value = to specify what a 'pip' is, this is crucial to calculate everything correctly - including entries, stops, targets etc ii) Position size per trade = 1.0% default (this is to be split into two equal trades) iii) Target 1 = based on preset reward to risk ratio (default 2.0x) iv) Target 2 = based on a multiple of the average true range (ATR) (default = 3.0x) being a volatility based target v) Buy order number of pips above rectangle = (default 3.0 pips) + spread above the supdem level vi) Buy order number of pips below rectangle = (default 1.0 pips) vii) Sell order number of pips below rectangle = (default 3.0 pips) viii) Sell order number of pips above rectangle = (default 1.0 pips) + spread above the supdem level ix) Bollinger band moving average period = (default 20) x) Bollinger band standard deviation = (default 2.5) xi) Average true range (ATR) period = (default 14) xii) Trail stop (target 2 only) = move stop loss to 5 pips above or below entry once target 1 is hit xiii) Minimum number of pips risk = (default = 10) to avoid trading very small levels xiv) Maximum number of pips risk = (default = 300)) to avoid trading very large levels This EA needs to be able manage the following: 1) Be able to determine what a 'pip' is, based on the currency, also taking into account brokers that use fractional pips (1/10th pip) adding another decimal point 2) Be able to determine position sizing for each trade based on a % account equity at the time of entry i.e. 1%, but also be able to split this amount into two separate halves of the same trade These two halves of the trade will have the same entry and stop loss but have targets based on different criteria (i.e. 1st half of trade based on variable reward to risk ratio, 2nd half based on ATR multiple) 3) Be able to round all positions down to the nearest 0.01 lot, with the minimum order being 0.01 lot ($1000 micro lots) 4) Be able to trade both long and short 5) Ensure that all trades have a fixed stop loss placed immediately upon entry (no naked positions) and preset targets for both halves of trades 6) Only trade a rectangle level once, even if prices return to the same rectangle again in the future 7) Be able to trail a stop loss on the second position of a trade only - only after the first target is hit, then the stop loss is raised to 5 pips above entry (for long trades) or below entry (for short trades) 8) It is important to use only the first rectangles nearest current market prices for possible long or short entries and these must be based on the external indicator, the reason is I would like to modify the indicator in the future to clean up (remove) unnecessary rectangles that it creates 9) Only trade the levels where prices reach the supdem level while outside of the 2.5 std deviation bollinger bands Any questions please ask, please note all bids should be in NZD
Project ID: 16610664

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7 proposals
Remote project
Active 6 yrs ago

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Hi, This can be done in 2 ways, whichever you feel more comfortable with: 1) I edit the indicator code so that it will output readable data, and the EA reads this data to determine where the rectangles are plotting. (recommended) 2) The EA reads the rectangles from the chart. This requires your indicator to be placed on the chart the EA is running from. This method is more unreliable. I have over a decade of experience in coding trading systems, and spent the last 9 years focused on developing in mql4/5 for the metatrader platform. Although relatively new to this site, I am definitely qualified for the job. Thanks for considering me. Cheers, Shi Jun
$250 NZD in 3 days
4.9 (49 reviews)
5.5
5.5
7 freelancers are bidding on average $395 NZD for this job
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Hello, this is Marcelo. I am a 40 year old professional MQL4 programmer .I've been coding all kinds of MT4 EA's and Indicators for the last 10 years for many people around the world. In addition, I've been trading LIVE accounts for seven years. ***I have more than** 470reviews just programming MT4 Software here on Freelancer.com **In addition to this, you will be able to see projects from U$30 to U$5000 that were concluded with 100% satisfaction I see what you are willing to reach and everything is possible to be coded into MT4! I will charge you US500 - or NZD700- (plus website fees which is already included here) to do everything that you have mentioned here. If it works fine for you , please choose me as your programmer, proceed with the escrow payment ( full amount quoted for the project) and drop me a line here for we start it off . I believe that in 3 business day I can prepare the first version for you Please read all of my reviews and compare with other programmers. Not just for this job, but anything else that you need later on, please do not hesitate to drop me a line. Nowadays, I am looking for a long term partnership, not just for one job. I look forward to hearing from you Best Regards, Marcelo PS: I also offer 5 types of protections to your EA's/Indicator in case you intend to commercialize your file . Ask for further details.(separate product/quote)
$777 NZD in 5 days
5.0 (247 reviews)
8.3
8.3
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Hi, I am expert in the development and programming of MT4 and like to handle your project. Regards, Iyad
$444 NZD in 7 days
5.0 (69 reviews)
8.0
8.0
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Hello Clear task, no questions. I will be glad to help you with this indicator updating and future projects. More than 9 years expiriance in MT4 coding. Regards Alexey
$240 NZD in 7 days
5.0 (66 reviews)
6.0
6.0
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I'm a software development engineer with more than 20 experience years and 8 years developing EAs for metatrader.
$250 NZD in 5 days
0.0 (0 reviews)
0.0
0.0

About the client

Flag of NEW ZEALAND
Christchurch, New Zealand
5.0
9
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Member since Sep 4, 2011

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