I am looking for the services of an experienced meta trader programer on a long term basis who understands Forex Trading Strategies. (Please do not apply if you have no prior experience in creating workable EA)
For starters, I wish to program an MT4 EA that triggers and exits a trade when a combination of my customised indicators are met.
Each of the customised indicator has allocated buffer values that signals Buy/Sell conditions.
Conditions for Entering & Exiting a trade are based on a combination of these customised indicators.
Profit taking will be based on 3 sets of sequential profit target intervals but the trade must be completely closed out when the exit conditions are met.
It must be able to access current economic calenders and not trade within +/- 1 hour from the time of the major news release for that currency pair.
It must also have the option for trading during specific times of the day only,
1) Once the entry is identified, the stop loss is identified as adjustable "percentage" from the last logical support/resistance.
2) The risk per trade is based on 2-5% of account equity.
3) The lot size for entry is calculated according to the Stop Loss levels.
4) Once a one to one risk reward ratio is achieved, 1/3 of the trade is closed and the Stop moved up to break even plus spread.
5) Once a two to one risk reward is achieved, another 1/3 of the trade is closed and the stop moved to the last logical resistance/support.
6) The last remaining 1/3 will be closed when specific exit conditions are met.
Exact programming conditions will be mapped out to the successful candidate.
I will have full rights to the EA and it cannot be used for any other purpose including as an example for future clients.
Again, only experienced meta trader programers need apply as this will be the first of other EA that I intend to program.
Many thanks in advance.