It is a small project for the Jforex trading platform from Dukascopy, you have to build an indicator and a strategy that will use the indicator.
The indicator is explained in the [url removed, login to view] document, it is meant to plot support and resistance in a very small scale, it is to be used on a 2 pips range bar chart where there is no time involved, only price movement.
[url removed, login to view] show an existing indicator for metatrader 4 that do something quite similar, but not exactly, I can provide the code if you think it can be of any help.
The strategy is explained in the [url removed, login to view] document, It is working with 2 main parameters: a defined zone that will put the strategy on/off, and the last support and resistance plotted by the indi.
Parameters and action conditions are listed in the [url removed, login to view]
The indicator could be build directly in the strategy code, but for several reasons, I think it's best to have them separated, meaning that the indicator can run without the strategy, but the strategy cannot run without the indicator.
Also, several strategies should run on the same pair (knowing witch strategy sent witch order), in both direction, and of courses on several pairs as well.
Financial markets skill would be a plus!
All modifying of the strategy to remove bugs or errors must be done free and should be included with your bid. The program needs to be error free and trade my strategy 100% before payment will be released.
- If there are any problems with the progress of the strategy I expect to be updated by email or PM. So please only bid if you will communicate in a timely manner.
Feel free to ask me any questions. Thank you for bidding.