Need help developing an Expert Advisor to execute automatic trades
Budget: $30 – $250 USD
I need the robot (EA) to send orders only between 7:00 AM GMT (One hour before london open) till 7:00 PM GMT (1 hour before NewYork close)
The entries are based on Engulfing Patterns (Sell after bearish engulfing pattern and buy after bearish bullish engulfing)
Any timeframe that i select (As example i need to run it on 5min, and next week if i decide to run it on 1hr chart i should be able to do that ) Or if there is anyway i can define the timeframe inside the code
One open trade at any single point of the time
I have 3 risks (riskstage1 (0.25% or initial deposit), riskstage2, riskstage3)
This risk is fix regardless of account fluctuation
So if from the beginning i have 1000USD account and the risk was 25$ this 25$ will not change if account will fluctuate
Risk to reward is 3 to 1
I should be able to run it on JPY pairs as well considering JPY pairs are 3 digits not like EURUSD as 5 digits
Stop loss should be 5 pips under the low of bullish engulfing pattern or 5 pips above the high of Bearish engulfing pattern
Take profits should be Risk x 3 (Because i have 3 to 1 risk)
I have 3 risks, stage1 stage2 and stage 3
I need to move stop to break even as soon as i have 1 to 1 risk to reward. So if im risking 25$ as soon as the profits of the trades is at 25$ i have to move my stop loss to entrie price
One open trade at a time
And next trade risk should be taken based on previous closed trade outcome
I can explain more details via zoom or chat
Thank you
The entries are based on Engulfing Patterns (Sell after bearish engulfing pattern and buy after bearish bullish engulfing)
Any timeframe that i select (As example i need to run it on 5min, and next week if i decide to run it on 1hr chart i should be able to do that ) Or if there is anyway i can define the timeframe inside the code
One open trade at any single point of the time
I have 3 risks (riskstage1 (0.25% or initial deposit), riskstage2, riskstage3)
This risk is fix regardless of account fluctuation
So if from the beginning i have 1000USD account and the risk was 25$ this 25$ will not change if account will fluctuate
Risk to reward is 3 to 1
I should be able to run it on JPY pairs as well considering JPY pairs are 3 digits not like EURUSD as 5 digits
Stop loss should be 5 pips under the low of bullish engulfing pattern or 5 pips above the high of Bearish engulfing pattern
Take profits should be Risk x 3 (Because i have 3 to 1 risk)
I have 3 risks, stage1 stage2 and stage 3
I need to move stop to break even as soon as i have 1 to 1 risk to reward. So if im risking 25$ as soon as the profits of the trades is at 25$ i have to move my stop loss to entrie price
One open trade at a time
And next trade risk should be taken based on previous closed trade outcome
I can explain more details via zoom or chat
Thank you