This may be a question that have been previous asked but I would like to find out how I can automate my trading system.I am trading currency pairs and
many good trades are missed overnight.Is automating a system and using it
a difficult process?It is complicated and costly.I am not familiar with this way of
trading.The method I use is quite simple-I trade with a 1 hour chart and work
straight from Bollinger Bands ie the two outer lines.

I can automate your strategy. I need to know the indicator(s) used, what timeframe it is used on, what is your lot size, stoploss, breakeven point (Optional), your takeprofit point, trailing stop in pips, your entry conditions and your exit conditions.

Dave
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P.S. I work this Saturday so it will be Sunday before I can have it ready for you.

Give me the Lot size, SL, TP, Trailing Pips, Entry and Exit conditions. I will have it to you something Sunday. If you use another indicator in conjunction with the BB, tell me about that also.

Dave
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thanks for your reply.Firstly I would like to know what software I need to run
this,can I use it with my service provider,and can the parameters be changed
eg certain currency pairs need different a stop loss etc.
Briefly,the entry to buy/sell is placed before the close of the hourly session
if the price closes within 5 points of the high or low of the current hourly session
and if the close is either close to or outside the top or lower outer bollinger band lines.This is basically the methodology (with afew more rules) and I can explain it further but is this
achievable to begin with?

Hi there, most people here code for the metatrader platform, which is available free of charge from the developers website:

Download MetaTrader 4, MetaTrader 4 Mobile or MetaTrader 4 MultiTerminal

The software is only supported by certain brokers, (mainly low end bucket shops as its a fairly cheap solution for brokerages on a small budget), but if you are comfortable risking money with these types of set ups, the system works reasonably well. Its probably worth going down this route just to see if the method you are proposing can be automated. Once you have a working solution you can always find someone to rewrite it to suit the requirements of practically any broker. All metatrader brokers offer demo accounts so you have nothing to lose really.

Generally the developers of these automated solutions allow the user to change indicator parameters, stop sizes etc, pretty much anything is achievable dependant on the experience of the coder.

Generally the quality of the solution is going to depend on the specification you initially give, the better and more detailed the specification the more likely you are to attract the better quality coders, if they see what looks to be a reasonable strategy they'll bite.

yes, it is possible to build an EA on your system, but can you add more detail, maybe some graph, so we can work it out. an EA need a lot clear detail on the strategy.

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