Hello Freelancers							                       	October 18,2016

	My Name is Evan Winokurzew and I want to create an automated expert advisor in Meta Trader 5.The strategy I want to implement is similar to an existing strategy. (4X DAT – Joseph Nameth) It profits when the underlying trading ticker goes up or down a predetermined amount of points. Which ever way the market goes this aglorithm will profit or  at least break even. I want this algorithm to be completely automated.

What? Long/short when MACD (12,26,9) crosses 0 line negative to positive (long) or positive to negative for short. Enter position on second MACD bar from crossover because the first or open MACD bar fluxuates. Note this expert advisor may be just for long trades. Bonus if you can implement short trades.
When? Open positions only the Trade Time 4AM- 12 PM Eastern Time Zone
What? USD/JPY 1 hour  chart

Trade Entry -
Enter Long 1 mini lot (the position sizing are a ratio/proportion to eachother) position, set target at 600 points higher. 
If it does not reach that long target short 1.4 mini lot  at 200 points lower than entry cover both at short target 600 points lower than that entry. 
If that short target is not hit than enter 1 long at origional long area with target at 600 points higher. 
This will continue until a target is reached. 
If enter long and target is 600 pips then the next short will be 200 pips lower than that entry at 600 pip target. This will be a ratio of 3:1
Stay In trade/ keep trading until target is reached. It shouldnt go more than 7 times back and forth. 
One Position open at a time. 
Position Sizing
I want to do regular Mode no hedging where the algorithm is only net long or short not both. 
1 lot = 10 % of account For example Account size = $1000 1 lot = $100, 1.4 lot = $140, 1.9 lot = $190
Lot sizes chart below. 
Leverage up to 10:1 backtest, 2:1 live trading


This is the strategy in a nutshell. A long trade is entered  to hit target 600 pips higher. If trade is hit position is closed and a new trade entry will be generated using MACD. If long target is not hit short 1.4 lots at 200 pips lower with Take profit 600 pips lower. If that short target is not hit then enter long 1 at 200 pips higher than the short entry with profit target at 600 pips higher. This will continue until target long or short is reached. 
I want this algorithm to be completely automated.
Evan Winokurzew