Hi,
I wish to create a fully customizable EA with external input fields that works on MT4′s price range bar charts, not the normal time based charts.
Only experienced programmers need apply.
It will execute Buy/Sell signals when these indicator conditions are met, for example :
- Cross over of multiple moving averages.
- Cross over of MACD Signal Line and Histogram.
- Cross over of Stochastic.
- Custom indicators are showing up/down signals of the same direction.
Absolute Stop Loss level for the entire trade regardless of profit/loss is executed when a combination of some of the entry indicators are reversed.
Maximum Risk Per trade is based on a certain percent of total account equity, for example Max Risk is set at 2% per trade.
Once a trade is still open , it must not enter a new trade until the open trade is closed.
EA must have a field to reflect the opening account equity so as to access win/loss stats for the month. This also aids in the calculation for the Maximum draw down for that month.
The Maximum Draw down is based on a certain percent of total account equity, for example Max Draw down is set at 10%. Once this level is maxed out, it will not enter any new trades until it is reset by user.
EA must cater for AutoGMT offset for the broker’s MT4 platform.
EA must cater for both 4 digits and 5 digits brokers.
EA must be able to operate on any currency pair using price range bar charts.
EA must incorporate sequential profit taking, for example :
- When 1st Profit Level is hit based on 1:1 RR, 50% of the initial lot size is closed, and Stop Loss is moved to Break-Even Plus spread value.
- Remaining 50% of the lot size is
closed when a combination of some of the entry indicators are reversed.
EA must allow for external input variables for the different indicators, allowing user to change parameters for the moving averages, MACD settings, Risk per trade, Max Draw down, Profit Levels Settings, Stop Loss Settings etc.
Please submit your quote only if you have the relevant experience and understood the conditions stated above.
Many thanks in advance.
Derrick
P.S. : Please quote separately for an additional option where it is able to access the internet (eg: www.forexfactory.com)where it will stop trading for 30 minutes before and 30 mins after a major news release if there is a RED flag impact for that particular currency pair it is attached to.