FLOOR AND CEILING FX TRADING ROBOT
Budget: $20 – $100 USD
Hello,
I want to create an EA/Robot that will be able to monitor the market movement and take trades towards the market direction, while also closing bids at the best profit position, or at a no loss basis.
The EA will be based on identifying 2 prices at the beginning and then working on the direction of the market by BUYING at the top when price goes upwards and SELLING at the bottom when prices falls downwards. As a result of this, the Starting will use the price movements after the robot has been installed to identify the BUY and the SELL positions or I will SET the HIGH and LOW pries at the beginning.
II will set the estimated market movement for the period and this will be the difference between the HIGHEST price and the LOWEST price after the installation of the robot. Once the estimated gap is achieved, the EA will stop working and will send a report of achieving the target.
As market prices moves towards a direction, the EA consider and predict the direction based on how the market makes new peak price position. So the last side of the HIGH and LOW position to change will be the FLOOR and the side that is currently changing will be the CEILING.
So based on this, the Robot will take bids further away from the FLOOR and go towards and farther than the CEILING, until the final projected estimate between the FLOOR and the CEILING is achieved. Because of the nature of the market where the prices moves upwards and downwards, I will set a reversal price gap which the EA will use to plan to recover when pries reverses away from the CEILING towards the FLOOR, and this can also increase the lot sizes as market moves towards the FLOOR after achieving the Reversal gap price. The reversal bids will continue as long as the prices didn’t reach the FLOOR. Once it reaches the FLOOR, then the OLD FLOOR will now become the NEW CEILING and vice versa.
So if Price goes upwards, the LOWEST price becomes the FLOOR and the HIGH Prices becomes the CEILING. Once a new ceiling price is achieved and market price falls downwards towards the FLOOR, and reaches the REVERSAL gap, it will activate new set of bids towards the CEILING when price finally reverts back upwards towards the CEILING.
Same condition will apply if price falls downwards. The HIGHEST price will become the FLOOR and the LOWEST Prices will continue to be the CEILING. As market falls downwards, the EA will activate SELL bids and close them at intervals in such a way it will not revert back to losses. If the price goes back upwards above the reversal gap, then the EA will continue to take reversal bids until it reaches the HIGHEST PRICE (If it does), which will then change the FLOOR and CEILING positions.
Bids can activate on both directions but more bids will always activate towards the CEILING than the FLOOR, and more especially when the Price reaches any REVERSAL position from a previous CEILING, and goes back again to the CEILING to make a new peak.
All bids will close when the maximum gap set at the beginning has been achieved.
NB Programmer will use his/her skills to determine the best logic for exit to enable profitability and reduce losses to the barest minimum.
Input-
Maximum gap
Reversal gap
HIGH/LOW price at start (conditional)
I want to create an EA/Robot that will be able to monitor the market movement and take trades towards the market direction, while also closing bids at the best profit position, or at a no loss basis.
The EA will be based on identifying 2 prices at the beginning and then working on the direction of the market by BUYING at the top when price goes upwards and SELLING at the bottom when prices falls downwards. As a result of this, the Starting will use the price movements after the robot has been installed to identify the BUY and the SELL positions or I will SET the HIGH and LOW pries at the beginning.
II will set the estimated market movement for the period and this will be the difference between the HIGHEST price and the LOWEST price after the installation of the robot. Once the estimated gap is achieved, the EA will stop working and will send a report of achieving the target.
As market prices moves towards a direction, the EA consider and predict the direction based on how the market makes new peak price position. So the last side of the HIGH and LOW position to change will be the FLOOR and the side that is currently changing will be the CEILING.
So based on this, the Robot will take bids further away from the FLOOR and go towards and farther than the CEILING, until the final projected estimate between the FLOOR and the CEILING is achieved. Because of the nature of the market where the prices moves upwards and downwards, I will set a reversal price gap which the EA will use to plan to recover when pries reverses away from the CEILING towards the FLOOR, and this can also increase the lot sizes as market moves towards the FLOOR after achieving the Reversal gap price. The reversal bids will continue as long as the prices didn’t reach the FLOOR. Once it reaches the FLOOR, then the OLD FLOOR will now become the NEW CEILING and vice versa.
So if Price goes upwards, the LOWEST price becomes the FLOOR and the HIGH Prices becomes the CEILING. Once a new ceiling price is achieved and market price falls downwards towards the FLOOR, and reaches the REVERSAL gap, it will activate new set of bids towards the CEILING when price finally reverts back upwards towards the CEILING.
Same condition will apply if price falls downwards. The HIGHEST price will become the FLOOR and the LOWEST Prices will continue to be the CEILING. As market falls downwards, the EA will activate SELL bids and close them at intervals in such a way it will not revert back to losses. If the price goes back upwards above the reversal gap, then the EA will continue to take reversal bids until it reaches the HIGHEST PRICE (If it does), which will then change the FLOOR and CEILING positions.
Bids can activate on both directions but more bids will always activate towards the CEILING than the FLOOR, and more especially when the Price reaches any REVERSAL position from a previous CEILING, and goes back again to the CEILING to make a new peak.
All bids will close when the maximum gap set at the beginning has been achieved.
NB Programmer will use his/her skills to determine the best logic for exit to enable profitability and reduce losses to the barest minimum.
Input-
Maximum gap
Reversal gap
HIGH/LOW price at start (conditional)