Metatrader 4 ( mql4) Oil hedging Expert advisor to be coded

The Oil hedging semi-automatic strategy logic is as follows:

The broker used will be benchmark, offering oils like: USOIL, UKOIL and Brent, WTI


The EA must constantly compare the prices between two oil types (symbols must be externalized and able to be manually entered via EA Inputs panel). The EA must open a sell order for the more expensive symbol and buy order for cheaper symbol when the difference is 10 cents (value for difference must be externalized and editable) and to close this orders when the difference becomes 30 cents (value for this must be externalized and editable as well). The trades will be closed only if the price difference condition is satisfied or manually.

The EA must be able to open additional positions if the price difference increases, the logic is the same as above, but the price difference values must be additionally defined lets say where it says 30 above, here will be 60 and where it says 10 above it will be 30 here. The price difference for open and close also should be externalized and editable via the EA Inputs panel. The additional positions to be switchable (via true/false selection in the EA).

Both entry and close difference as well as trade volume/lotsize should be externalized and changeable via EA Inputs panel.

The price difference between the two symbols must be displayed on the chart and constantly updated.
All orders that are triggered by the EA should be marked in pairs with a printable comment on the chart so they can be easily identified. Example - Sell Oil1 - order 321 and Buy Oil2 - order 321 where 321 will be variable and unique identification for both positions in the trade pair.

If you have any additional questions please let me know.
I will need pricing and what time you will need to work.
About the recuiter
Member since Nov 11, 2022
Brijpal Singh
from Correze, France

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