It's been a while, how are you all. How's the market been treating you? I've exited longs on CUE (0.11), CVN (0.3), KAR (2.94), ESG (0.45), MEL (0.45), BEPPA (0.02), IAU (0.19), etc etc and just been dabbling in forex with the proceeds since I moved to Melb. Mixed profits because I kept going short against the trend.
Anyway, the reason I was drawn back was I had an idea for an EA for a specific trading instrument, but need someone to write it as I don't have a lot of time to write code and am unfamiliar with the languages anyway.
The rules of the system are simple as it is a breakout system:
If the range between 6am-4pm (Sydney time) is less than 70 pips:
Set a long order at the high + 10 pips from 6am-4pm (Sydney time). Stop loss at the Sydney low + spread. At 1R set stop loss to break even, and take profit at 2R.
Set a short order at the low - 10 pips from 6am-4pm (Sydney time). Stop loss at the Sydney high + spread. At 1R set stop loss to break even, and take profit at 2R.
If 1 trade is executed the other should be cancelled. Starting balance 20,000 USD.
If no trade is executed within N hours, cancel both orders.
If you pass the code onto me I can backtest it using a demo account or something with the trading instrument I have in mind, if the backtests are good I will put it live after a few months and auto-sweep 10% of profits to you
PS: Trading forex is too time consuming so I have just been longing EUR/GBP on the dips since 0845 and waiting for the fundamentals to kick in