Accidentally posted this in another board.
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Hello,
I'm looking for a simple strategy that opens trades when a certain market price is hit in a direction specified by the user. For example, if price of EURUSD hits 124.50, then buy or sell depending on selected trade direction.
It is not based on any indicator, just interval-based trading.
If there's one not already available, then here's an extended breakdown. I'm happy to pay for this development if the price is not too high.
1. If Start Price X is reached, start trading in selected direction
2. An option to allow multiple positions to be open during selected time period. For example, if 15m is selected, open a new trade every 15m in the selected direction.
3. An option to limit open trades by number (e.g only allow 5 trades open in any direction) or by margin (e.g do not open trades if account is below a certain margin).
4. If Target Price is reached, do not open any new trades.
Thank you!