Find Jobs
Hire Freelancers

Hedge Trading System Based On Cointegration and Correlation

$1500-3000 USD

Closed
Posted almost 5 years ago

$1500-3000 USD

Paid on delivery
Project Details: I need a programmer with high experience of MT4 MT5 programming and Forex Strategy understanding. Project Descriptiom: EA is based on hedging by using correlation pairs. The main functions of the EA are to find the right entry points and after the entry to close the orders with 1,5% profit. If the trade situation changes and the price is hitting the other way as expected the EA is supposed to open additional orders for both opened positions (max. 5 for each position).Every following opened position must have the difference of 2% between each additional orders. This is called hedging with grid elements. EA must analyze the price movement on each instrument to consider the trend direction. ( I would like to have suggestions from the developer ) Our EA must work only with GBPUSD/EURJPY, EURUSD/GBPJPY, EURGBP/USDJPY pairs. Only 2 pair will entry on trade at the same time. Which pair will entry, depends on correlation difference. One way is to use a correlation coefficient to determine how closely two instruments are related. In general, it's a good idea to focus on quantifiable data, such as "I will enter a pairs trade when price ratio exceeds two standard deviations." Buy the underperformer and sell the overperformer. In practice, a pair transaction works as follows: at one time, we buy the undervalued currencie and sell the overvalued. If the assumption of the reunification of their prices is confirmed (which has been statistically proven), we collect the profit. It is irrelevant whether the profit is generated by the growth of the undervalued , a drop in the overvalued one, or any other combination of price fluctuations. What matters is that we collect our profit when the difference in prices is reduced. I need a programmer with high experience of MT4 MT5 programming and Forex Strategy understanding. 20 days
Project ID: 19975204

About the project

29 proposals
Remote project
Active 5 yrs ago

Looking to make some money?

Benefits of bidding on Freelancer

Set your budget and timeframe
Get paid for your work
Outline your proposal
It's free to sign up and bid on jobs
29 freelancers are bidding on average $2,313 USD for this job
User Avatar
Hello, We are IT-Engineers and Business Analysts, creating complete web and mobile solutions, for already more than 15 years, supporting our products with custom digital marketing strategies and instruments. Before the collaboration starts - the initial briefing round takes place, which is free of charge. We are interested in all details of your specific case. They will allow us to obtain a better vision of your concept and help us creating unique solutions for you. Let's schedule a convenient time for the first kick-off conversation. Best Regards, Andrei Costenco Team Lead, Business Analyst, Senior Engineer Dev Experts Team
$3,000 USD in 30 days
5.0 (125 reviews)
8.8
8.8
User Avatar
Hello, My name is Alexei, I would be happy to work with you! MetaTrader4/5 are one of my specializations and with more than 10 years of MQL4/MQL5 development experience, I have worked on several hundreds of similar projects, including strategies that use pair trading concept (statistical arbitrage). This gives me just the right experience you are looking for. Can you please clarify how the co-integration coefficient should be used in your strategy (it is mentioned in the name of your project)? I am glad to discuss your project needs and how I can help you meet them. Looking forward to talking with you! Best regards, Alexei
$3,000 USD in 10 days
5.0 (92 reviews)
7.8
7.8
User Avatar
Greetings, my name Irwin. I am Specialize on MT4 strategy implementation programming since 2008 with more than 170 projects/reviews mark 5 stars just programming MT4/MQ4 software in this website. I am currently focusing on strategy development, one of them is europe based. I have been successfully coding all kinds of MT4 EAs and Indicators. I GUARANTEE my work. About your project, I already review your trading rules and I'm sure I can do it perfectly.. I offer LIFETIME GUARANTEE, means if ANY issues comes up, even after you release payment, I fill fix it for FREE. Look Forward to for your replies, so we can discuss in detail about this hedging strategy and get started right away.. .. Do not close the project before talking to me, I am sure that I can help you with professional quality and price. Thank you. Warm Regards, Irwin.
$3,000 USD in 20 days
4.9 (373 reviews)
7.5
7.5
User Avatar
Hi, I am expert in making EA and CI for MT4/5. You can see my review in this website that I have done many good job for making EA and CI for MetaTrader.
$2,500 USD in 20 days
4.7 (464 reviews)
7.6
7.6
User Avatar
Hi! I am a professional expert. I understand what you need and i'm able to do your project . I have a wealth of experience in this field. If you want to fast and good results, you can hire me. Please contact me. Thanks .
$1,500 USD in 7 days
5.0 (109 reviews)
6.8
6.8
User Avatar
Hi there, I was invited to bid on your project by the project recruiter Nicholas and I'd be glad to help you out with this Hedge Trading System. I've got 15+ years of professional experience in programming which includes extensive experience programming for almost all the major Trading platforms including MetaTrader 4 and 5. So I have no doubts I can get this job done better and faster than anybody else here. (Please check my profile for more information). I got a very good idea of your strategy from your project description but I'd like to discuss everything in detail before I can confirm my bid on this. By the way, what version of MetaTrader do you want this programmed for? As you may be aware, MQL4 and MQL5 programming are quite different from each other. So kindly let me know what version you want this programed for or do you want it programed for both the versions? Please get back to me via project chat if you are interested, then we can discuss everything in detail. Thank you and I look forward to getting this job done for you!
$2,500 USD in 10 days
5.0 (53 reviews)
6.5
6.5
User Avatar
Hi, I'm an mq4 programmer and i'm very interest with your project. I have a strong experience in the forex market and i did more than 200 EAs and indicators. I'm able to creat or modify any EAs or indicators. Just give me an opportunity to do your project and make sure that you will have a good result. If you have any questions please feel free to contact me at any time. Waiting for your response :) Nidhal
$1,800 USD in 10 days
4.9 (193 reviews)
6.8
6.8
User Avatar
Hi,dear! I am quite interested in your project - 'Hedge Trading System Based On Cointegration and Correlation'. :) I am a skillful software developer who has rich experience in this field. If you contact me, you and I will be happy. Thank you in advance. Skills: Algorithm, C Programming, C++ Programming, Metatrader, Software Architecture
$2,500 USD in 13 days
4.9 (22 reviews)
6.6
6.6
User Avatar
Hello, i'm Milan, software engineer and developer, usually working on various forex trading solutions using MT4 platform. I already made very similar solution and logic, it was actually an arbitrage bot, but i can modify the logic for the Cointegration and Correlation. Let me know if you are interested, so we can talk about details. Regards
$2,200 USD in 20 days
5.0 (53 reviews)
6.6
6.6
User Avatar
hi.........................................................................................................................................................
$1,555 USD in 30 days
5.0 (198 reviews)
6.5
6.5
User Avatar
Hello, I'm interested in your project. Please send me a message so that we can discuss more. I look forward to working with you on this and future work.
$2,647 USD in 10 days
5.0 (134 reviews)
6.1
6.1
User Avatar
Hi! I'm a professional coder that develop Expert Advisors(indicators and scripts also). Let me know, if you are could work together?! My providing services: 1) Fast working and good communication; 2) Providing a "Quality products"(with source file); 3) Further and long time "customers Support"; 4) I made more than "65" jobs(EA's, indicators) in this site... 5) With best "customers feedbacks"; 6) Price and time are negotiable! Best regards...
$2,222 USD in 10 days
4.9 (119 reviews)
6.2
6.2
User Avatar
Hello My name is Alexey. Coding experience more than 10 years, 200+ EAs and hundreds indicators and scripts. I will be glad to help you with this EA and any other project. Could you send me full task and indicator file (if necessary)? the we can discuss how to use correlation in your project Regards Alexey
$1,500 USD in 15 days
4.9 (64 reviews)
6.0
6.0
User Avatar
Hello mate, I can perform this job. - With best(5 star) customers feedbacks; - Rapid delivery of the Prototype; - Get a Quality product(with source file); - Further and long customer Support;
$1,500 USD in 2 days
4.9 (32 reviews)
5.6
5.6
User Avatar
Hello sir. I hope you are doing great. I am an experienced mql programmer. And I was a trader by myself. I am professional at using metatrader and several brokers. I have read your project description and have confidence that I can do it. Please contact me to engage discussion. Thanks in advance and am waiting for your contact.
$2,500 USD in 30 days
4.5 (10 reviews)
5.7
5.7
User Avatar
Hello! I am very interested in your project. i have rich experience on it. I think this project is very suitable for me and i am sure i can give you good result . If you award me for your project, you will get good result . please call me.
$2,500 USD in 30 days
5.0 (7 reviews)
5.1
5.1
User Avatar
Hi, Hope you are doing well . I am a Quant with 4+ years of experience in trading . Your project is about pair-trading which I have worked on . I can show you my previous work which is totally about pair trading development on Quantopian platform . I would love to know more about the project . Ping me back to begin .
$3,000 USD in 30 days
5.0 (14 reviews)
4.9
4.9
User Avatar
Guten Tag! Sprechen Sie Deutsch? Es klingt nach einer interessanten Hedging-Strategie. Trend direction könnte man zum Beispiel mit einem MA messen. Auf welcher Zeiteinheit soll getradet werden? H1? Freundliche Grüsse, David Tschacher
$2,200 USD in 14 days
4.9 (25 reviews)
5.1
5.1
User Avatar
Hello, sir, I hope you are doing well. I am very interested in your project, and I am a super expert in this area. I have done many EA, indicators and trading bots already for many exchange platform. I have been over 5 years of experience in mt4, mt5 programming. So I am confident to complete your project perfectly. You can check my portfolio. https://www.freelancer.com/u/naishodayo Please contact me. Thank you.
$2,500 USD in 30 days
5.0 (5 reviews)
4.1
4.1
User Avatar
Hello, I am an engineer with 5 years of experience in Algorithmic Trading. I can code your EA based on Cointegration (aka spread trading) as I am skilled in metatrader and mql language. Regards
$1,500 USD in 8 days
5.0 (14 reviews)
4.1
4.1

About the client

Flag of GERMANY
Frankfurt am Main, Germany
0.0
0
Member since May 13, 2019

Client Verification

Thanks! We’ve emailed you a link to claim your free credit.
Something went wrong while sending your email. Please try again.
Registered Users Total Jobs Posted
Freelancer ® is a registered Trademark of Freelancer Technology Pty Limited (ACN 142 189 759) & Freelancer Online India Private Limited (CIN U93000HR2011FTC043854)
Copyright © 2024 Freelancer Technology Pty Limited (ACN 142 189 759)
Loading preview
Permission granted for Geolocation.
Your login session has expired and you have been logged out. Please log in again.