Hello to everyone...
I want to get an expert adviser made by some experienced programmer who is also familiar and having a vast experience in Forex Trading.
This strategy is a hedging strategy.
1. This EA is particularly for the pair of USD/JPY, or some other pair whose Spread is as little as possible.
2. At any moment, when EA is started, it should create a grid of five orders of buy and five orders of sell, above and below the current price, respectively.
3. The gap between current price and orders should be 100 or 50 pips on both sides.
4. Gap Between each order should be 50 pips.
5. For instance, our first buy order gets triggered and hit its Take profit, Immediately, EA should place a sell order in the place of previous buy order.
6. EA should be able of placing trailing stops.
7. There should be no stop loss in this EA, as every lossing trade will be balanced by a winning trade.
8. Lot size should be adjustable.
9. This EA should be working at the moments of news breaking, means should be higly speedy and accurate.
10. There should also be a facility of capital protection, which should be adjustable according to the situations.n
11. When a certain net profit (100 or 200 Pips) is earned, EA should close all open positions and pending orders.
12. Take profit should be adjustable.
13. Immediately after closing all positions and pending orders, EA should repeat step 1.
14. After closing Trades (Step 11), EA should send an e mail or some intimation.
15. If for some reason, EA Could not open a trade or got stuck or facing some complication, an Email should be sent.
As I observe that this EA is not a complicated and following a very simple and understandable strategy. Please, first understand strategy and then communicate with us.
Any suggestion or advice is welcome.