We have one breakout MT4 indicator which we would like you to explain to us IN DETAILS of how it actually works, and then we will ask you some questions regarding the indi and the possibility of modifying it. Later, if feasible, will we ask you to make an Expert Advisor out of it, but only if we find the answers to be satisfactory. For this particular work, there is NO actual coding work involved. The code has 392 lines.
Your bid should only be for the following two tasks:
1) Reverse pseudo code this indicator so we can understand the logic behind it. The exact, clear, and simple step-by-step in English on how this indicator produces a signal. What each input parameter signifies. Plus graphical examples.
This simple indicator only uses one indicator. Donchian Channel to create an invisible box around price, and the box only appears when price has broken through it and the candle closed above or below it. Your explanation has to be in clear English. Your English MUST be fluent. Your explanation has to be verifiable on the chart. Based on you answer, we should be able to follow the steps and produce the signal ourselves manually.
2) Answer a few questions regarding this indicator. Once we know the logic behind this indicator, we want to know whether certain things are possible to change or not. Again, your answers must be verifiable against the chart. You can't simply say certain things can't be done. That's about it at this stage.
We evaluate every bid and we sincerely never intend to waste anyone's time. Our feedback speaks for itself. We are always striving for mutual respect. Previous project which was not awarded was simply out of our budget and/or didn't meet our criteria. We apologize if we seem to be playing any bidder. It is never our intention. But we also will not respond to ridiculous bid amount. We appreciate the skill of a programmer. If it is easy, we would be doing it ourselves. But it isn't. So we know the value of your help.
Deliverable: 1 x document containing exact, step-by-step details on how the indicator works with examples and answers to our questions in regards to the indicator once we understand how it works.
Thank you and we're looking forward to working with you.