So a friend and i have created a forex EA. It is based on the London Breakout strategy.
What is it??
Using the 7am 1 hr candlestick at 8am exactly (GMT) a buy stop order is placed at the high and the Sl is placed at the low. Also, a sell stop order is placed at the low with its stop loss placed at the high. Each trade risks 1% of my capital. Once one trade is activated the other is canceled. That is the basis of the entry criteria. The exit criteria is based on time and a pip target. When either of these are hit (or the stop loss is hit) teh trade closes
How far we've come
We're about 95% complete. Our bot can calculate correctly 1% of capital on a variety of forex pairs. Our bot can enter at the correct time (even with the problems of GMT and srver times etc) and exit at the correct time. Our bot does cancel the other order once the first has been activated
We cannot enter always at the correct price. My strategy dictates that the entry prices are rounded to teh nearest pip. So if the 7am 1 hr candlestick has a high of 1.34567 and a low of 1.34329 I would want my Buy stop order to be placed at 1.3457 (rounded up) and my Sell stop order to be placed at 1.3432. The stop losses should also be placed at these prices. Sometimes the bot does enter at tehse prices but sometimes it doesn't and its too frequent to not be considered a problem.
I would like someone to fix this for us for a reasonable price. We both think that this won't take too long but can't seem to find a solution to it
If we work well together then maybe there we can work together again in the future develping the EA as there as few more things i want to do before it is complete
6 freelancers estão ofertando em média $26 para esse trabalho
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