At the present time I trade forex on MT4 using an existing inexpensive commercially available template. The template and indicators are based around 2 different EMA's and are not very complex. The system is entirely manual with entry arrow indicators and a range of exit options. This is a trend based trading system.
Currently I trade on the 4H charts but the system requires that I have to monitor the close of EVERY candle which is tiresome and not always convenient due to other commitments.
I have taken the prescribed rules that are recommended with the template and modified them so that both entry and exit strategies are entirely mechanical and non discretionary. My desire now is to have my entry/exit/stop loss/take profit rules coded into an EA so that I do not have to monitor every candle and also provide the opportunity to trade on the 1H charts as well as the 4H.
The code needs to be able to simultaneously execute 2 trades per pair, over any number of pairs (I currently trade 7 pairs). Entries are generated when both the "short-term" EMA and the "long-term" EMA are in agreement. Positions are exited when the "short-term" trend has crossed back over it's datum in the opposite direction of the trade, as long as this has been preceded by an exit arrow indicator.
The EA needs to be able to automatically set stop losses on winning positions when a prescribed threshold has been achieved. I need to have the facility to adjust these thresholds to back test different scenarios for optimisation purposes.
The chosen programmer must be fully conversant in both English and MT4 EA's.
I would require that the project should be completed within the next 2 weeks if at all possible.
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