Job Description
Dear all,
I would like to have a cBot as in the description in the link below. Further to the rules described already, the cBot should:
8. Only than open new trade in the beginning of the next time period, if all the trades in the current batch are in floating drawdown
Examples:
The cBot is attached to the m2 eur/usd chart. The take profit is defined to be 12 pipets and the trade size 0.03 lots.
a. The previous candlestick is bearish so the cBot opens in beginning of the next 2 minutes a sell order of 0.03 lot e.g at 1.16905 with TP at 1.16893. Let assume the trade is closed at TP
b. Following a bearish candlestick the cBot opens a sell in the new time period e.g at 1.16893 with TP at 1.16881. At the end of the period the order is not closed and the position is in small profit but have not reached TP. In the beginning of the new period no new trade will be opened. In the beginning of some following time period the order is in floating loss so new trade is opened e.g. at 1.16901 and the TP is adjusted. In the beginning of some of the following time period both trades are in dd so a new trade is opened e.g at 1.16914 and the TP is adjusted to be at 1.16891 = (1.16893 + 1.16901 + 1.16914)/3 - 0.00012
9. In front of big relevance news for one of the currencies in the pair (e.g. EUR or USD in case of cBot attached to EURUSD) according to forexfactory.com the user has 3 posibilities:
- ignore it and operate according to the previous rules
- close all trade(s)
- deactivation/activation of the cBot in user defined minutes before/after the news
Thank you
Best regards
Dragomir
Comments
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Greetings Partner,
i can help you building the bot,
for further details, we can discuss on my email at rony.sitepu@gmail.com
Best regards,
RKS