I have a source code EA, and I want to edit the way it runs the hedge in it to run it like a counter hedge during a suspected retrace and to have the Take profit use a fibonacci indicator. It already has a one off hedge in the code which we can adjust to work, which I believe has a multiplier that loads when it trades a loss.
I have a small budget, but I want to add new features EVERY week, so expect $25-50.00 a week jobs from me ongoing until I have developed this test EA into a working system I believe will make money. My last tech was awesome but he is too busy to retain my small work ongoing.
The EA is a trend EA and I want the hedge to trade when the trend filters indicate a change in trade.
Currently the EA has an option to close all trades for the different filter trend changes: RVI, MA (fast and slow), donchian, - so instead of just closing the trades at the sign of the trend change, on each of these filters I want to allow a opposite hedge trade to try and stop some of the losses at the end of the trend to recoup some of the losses if our trend change occured faster than the last trades.
See attached for the concept.