Algorithm Update for MotiveWave Trading Platform
Budget: $750 – $1,500 USD
I'm seeking an experienced programmer to enhance my existing trading algorithm on the MotiveWave Trading Platform.
I need to have two updates done to the existing algorithm.
1. Create new logic for placing additional orders. Example. A SHORT position is entered at the signal at 100 with PROFIT being set at 90. If profit level is not reached, the algo will wait for another SELL signal. The next SELL signal was generated at 170 price level. At this point, there will be 70 ticks of unrealized losses on 1 original order. The algo will need to place about 7 new orders to cover 70 ticks losses with the same 10 ticks profit. In order to make the same 10 ticks on 7 new orders, the algo will have to place 15 new orders at 170. If the market closes at the 160 price level, there will be 150 ticks realized profits on 15 new orders and 60 ticks realized losses on original 1 order placed at 100, for net 90 ticks profits on all positions.
If at second signal profit is not reached, the allgo with calculate the number of additional orders at the 3rd, 4th etc. signals, until the maximum preset number of positions is reached.
2. I need to update the standard Super Trend indicator to be able to display this indicator calculated from another time frame. For example, I want to show ST indicator from 15 min chart on 2 min chart. This is a standard feature in the MotiveWave indicator library.
I need someone who has experience working with MotiveWave specifically, using their Software Developer Kit.
I need to have two updates done to the existing algorithm.
1. Create new logic for placing additional orders. Example. A SHORT position is entered at the signal at 100 with PROFIT being set at 90. If profit level is not reached, the algo will wait for another SELL signal. The next SELL signal was generated at 170 price level. At this point, there will be 70 ticks of unrealized losses on 1 original order. The algo will need to place about 7 new orders to cover 70 ticks losses with the same 10 ticks profit. In order to make the same 10 ticks on 7 new orders, the algo will have to place 15 new orders at 170. If the market closes at the 160 price level, there will be 150 ticks realized profits on 15 new orders and 60 ticks realized losses on original 1 order placed at 100, for net 90 ticks profits on all positions.
If at second signal profit is not reached, the allgo with calculate the number of additional orders at the 3rd, 4th etc. signals, until the maximum preset number of positions is reached.
2. I need to update the standard Super Trend indicator to be able to display this indicator calculated from another time frame. For example, I want to show ST indicator from 15 min chart on 2 min chart. This is a standard feature in the MotiveWave indicator library.
I need someone who has experience working with MotiveWave specifically, using their Software Developer Kit.