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| Project title - Need help with Script for a FOREX trading platform - CLOSED - No winner selected
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| This project has been viewed 810
times and was posted by Zulzurrander from United States. |
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| Start date : 30 Apr. 2008, 17:22 |
End date :14 May. 2008, 17:22 |
There are 2 registered bids. |
| Project number : 243476 |
Project category:Software Application development |
| This is the first project that this owner has posted on Rent Coder. |
Description :
The programs I have attached are the custom indicator/expert advisor pair called BreakOut. The logic is as follows:
In the indicator function the data is read in the start function which calls BreakOut per iteration. The return value of BreakOut is set to NO_ARROW, and a five bar average of the lows is subtracted from a five bar average of the highs. This difference is multiplied by a fraction, which can be changed experimentally, to produce a trading threshold. GoLong is set as the upper threshold and GoShort as the lower. If the Close[ ] value exceeds the GoLong threshold, HighBuffer is set to GoLong (drawing an up arrow in the candle) and the return value is set to UP_ARROW. If Close[ ] is less than GoShort, LowBuffer is set and return value is set to DOWN_ARROW. The SetIndexArrow( ) instructions could be set once in the init( ). I think this routine works correctly.
In the expert, which is actually called once for each new data point, processing takes place only when the current bar is complete and Volume[0] = 1. TrailingStops are not currently active. Direction is set by a call to BreakOut (1), which is the same function as in the indicator except that it sets the ARROW flags instead of the display. If Direction is set to UP_ARROW and LastDirectiion is set to DOWN_ARROW, we have a reversal in a down trend and we close all open positions and set LastDirection to NO_ARROW. Then while Direction == UP_ARROW is still true, we test whether to open a long position based on the value of Long. The logic is reversed for short trades. I guess it's just as clear from the code as this description. The program makes money on the long side, but often misses the first down arrow in a reversal from long to short and opens losing trades on the way down. Any insight you have will be appreciated. Any question
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Deliverables :
This script is set to work with the FOREX trading platform Interbank FOREX Trader 4. Need script debugged and delivered for a full back test run before active trading in June.
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Ownership :
THis is a proprietary trading script and is whole owned by me and my clients. All intellectual and physical property are soely owned by me.
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Support :
On going support might be needed depending on functionality of script and opportunties for expansion to other trading platforms.
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| Bids placed |
| There are 2 registered bids on
this project, these are listed below.
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| Provider |
Bid number |
Bid date |
Bid amount |
Reviews | | vvsrao1948 |
49236 |
13 May. 2008, 04:10 |
$ 16.00 (16.00USD) |
0 reviews
 |  | IPP Global Technologies Pvt Ltd
Software Development, Software Testing, software Maintenance
Click logo to view providers profile |
Pl see our profile
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| Provider |
Bid number |
Bid date |
Bid amount |
Reviews | | naraiuran |
49243 |
15 May. 2008, 07:58 |
$ 20.00 (20.00USD) |
0 reviews
| | nLogix Solutions
.net /C++/Oracle/J2EE/ERP
Click logo to view providers profile |
Hii,
Our team gained experience in Microsoft technologies by executing various project solutions and implmentation of our ERP solutions.
Your requirment fits well within our expertise. We are looking forward for your further correspondance to associate wtih you in this project and further also.
regards
Ravi shankar
CEO
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