# Coding Of Expert Advisor Based On Fibonacci Levels

Job Description:

Timeframe: Adjustable (We need to be able to select any timeframe)

Fibonacci:

A fib is a candle in one direction or a series of candles in the same direction. We draw the fib from the wick of the last candle to the body of the first candle. Examples:

Bullish Fibonacci

Bearish Fibonacci

If we have a candle in the same direction as an existing fib, and it made a new high, we adjust the fib, as soon as the candle closes.

We only adjust the fib on candle closes

If there is a candle in a different direction, then the fib doesn’t change anymore.

If there is a “neutral candle” (the body of the candle is null) the fib doesn’t change anymore.

Order rules:

To place a limit order, we need the fib size (0 to 100% of the Fibonacci) to be within a specific range of pips. That number has to be a variable we can type in.

We remove the limit order when a specific number of the Fibonacci level is reached. That number has to be a variable we can type in. We also need an option to add or subtract pips (for spreads, etc.)

Once an order becomes a position, we then remove all the opposite orders.

We don’t place new limit orders that are in a different direction than open positions. Limit orders in the same direction are OK.

Entry:

The entry of the limit order has to be at a specific number of the Fibonacci level. That number has to be a variable we can type in. We also need an option to add or subtract pips (for spreads, etc.)

Limit order risk management: We need a field where we type the amount of the capital we want the bot to have available. Then we need a field where we type the percentage of the capital that will be used in the order. For example, if we type in \$1000 and then in the box next to it, we select 1%. Then the order will have a risk of \$10.

Stop Loss:

The stop loss of the limit order has to be at a specific number of the Fibonacci level. That number has to be a variable we can type in. We also need an option to add or subtract pips (for spreads etc.)

Take Profit Level 1:

The Take Profit Level 1 of the position has to be at a specific number of the Fibonacci level. That number has to be a variable we can type in. We also need an option to add or subtract pips (for spreads etc.) and an option to change the % of the position that we will close.

Take Profit Level 2:

The Take Profit Level 2 of the position has to be at a specific number of the Fibonacci level. That number has to be a variable we can type in. We also need an option to add or subtract pips (for spreads etc.) and an option to change the % of the position that we will close.

Break Even:

The position needs to be set at break even at a specific number of the Fibonacci level. That number has to be a variable we can type in. We also need an option to add or subtract pips (for spreads, etc.).

News options:

X minutes before RED news (according to forex factory) we stop placing orders, and we remove all the existing orders.

X minutes before RED news we close all open positions.

This feature needs to have an On/Off “switch”

Time Schedule:

We want to have a time schedule for when the bot is active. We need 24 boxes, 1 for each hour, which we can activate/deactivate as we please.

Order Sweep time:

At a specific time of the day, we want the bot to clear all the pending limit orders. This field needs to be filled in. If it’s blank, then the bot doesn’t delete the orders.

We need an alert feature with an On/Off switch for every event

When an order is placed

When an order is deleted

When an order is X pips away from being triggered

When a position opens

When a position closes (including the resulting loss / profit, in \$)

When a position is set on Break Even

Færdigheder: Metahandel, PHP, JavaScript, Matematik, Software Arkitektur

Om klienten:
( 0 bedømmelser ) Bruges, Belgium

Projekt ID: #36271731

## 10 freelancere byder i gennemsnit €205 timen for dette job

ShrineWeb

I have some queries regarding the specifications that you have provided. Could we please have a word? My Skills: Metatrader, Mathematics, JavaScript, Software Architecture and PHP

€30 EUR in 10 dage
(130 bedømmelser)
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NasserPeiroti

I have master degree in software engineering and I have a lot of experiences in designing experts and indicators for meta trader and tradingview which do bet automatically. I also don't have any time limitation so we c Flere

€140 EUR in 7 dage
(22 bedømmelser)
5.3
AqibIshfaq

Greetings ✋ I just read your posting ( ) . I will do this project according to your requirements.☑️ I can provide you immaculate quality work that can add valuce in your audience and is budget-friendly.✅ Kindly share Flere

€140 EUR in 7 dage
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3.2
grafixdot

Esteemed! I am confident in my ability to successfully and promptly complete your project entitled Coding Of Expert Advisor Based On Fibonacci Levels, having thoroughly reviewed all details and descriptions. I aim to Flere

€100 EUR på 1 dag
(1 bedømmelse)
2.2
creativet20209

Hello , I am Software developer with knowledge of MT4, i have read your request and i can help you as i have coded similar on other platforms about 200 EA's . lets discuss .Thanks

€200 EUR in 2 dage
(0 bedømmelser)
0.0