In Progress

Strategy for Dukascopy in java (jforex).

The strategy:

I am opening the trade manually each day, the program would have to close them when certain conditions are met.

Eg.: When PROFIT / BALANCE ratio reaches 1.5% (user set number), the program should 'kick in' and if the ratio drops back to 1% (also user adjustable), it should close all open positions on all instruments.

If and when PROFIT/ BALANCE ratio reaches 2% the exit point should jump to 1.5%, and so on.

Basically it would be a trailing step automation (base 1% and the increment [step] 0.5%), however the program shall strictly work BASED ON PROFIT / LOSS RATIO, to CLOSE TRADES.

Meaning it does NOT SET any TP, SL values.

Another user set parameter would be the amount of loss in percent (x% of BALANCE) when ALL TRADES should be CLOSED.

Note:

BALANCE = EQUITY – PROFIT (equity value has to be realtime, since on the Dukas interface it seems to be refreshed much less frequently as profit value)

User set INPUTS:

PROFIT % (0.1-100) [target percentage at which the program closes trades]

STEP % (0.1-100) [target percentage upon reaching programs shifts to next higher exit point]

STOP% (1-100) [If set to 100, Stop is disabled, since it would only trigger when equity drops to 0 (100% loss)]

So if is set PROFIT to 1% and STEP to 0.5%, then first exit postition would be when 1,5% is reached (PROFIT+STEP).

Skills: Java, JavaFX

See more: jforex strategy, dukascopy java, dukascopy strategy java, jforex java, set trailing stop jforex, tp, strategy, sl, jforex, javafx java, stop loss strategy, java program interface, trade day, dukascopy strategy, profit close, trailing stop percentage, interface java program, java jforex, stop profit, trade automation, jforex positions, stop equity, work based java, dukascopy javafx, close equity

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( 3 reviews ) Telki, Hungary

Project ID: #1246133

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poornachand

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jeffchristian

HELLO SIR PLEASE CHECK PMB

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ssangeethakanna

HI , I am willing to work on this project. And I need this project.

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steve5555

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well9527

Hi, I am a software development engineer. I trade forex in my free time. and can exactly understand what you want. I have many experiences to develop the automatic trading system(MT4, CTS etc.). I think I am the most s More

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