Hedge Trading System Based On Cointegration and Correlation

Project Details: I need a programmer with high experience of MT4 MT5 programming and Forex Strategy understanding. Project Descriptiom: EA is based on hedging by using correlation pairs. The main functions of the EA are to find the right entry points and after the entry to close the orders with 1,5% profit. If the trade situation changes and the price is hitting the other way as expected the EA is supposed to open additional orders for both opened positions (max. 5 for each position).Every following opened position must have the difference of 2% between each additional orders. This is called hedging with grid elements. EA must analyze the price movement on each instrument to consider the trend direction. ( I would like to have suggestions from the developer ) Our EA must work only with GBPUSD/EURJPY, EURUSD/GBPJPY, EURGBP/USDJPY pairs. Only 2 pair will entry on trade at the same time. Which pair will entry, depends on correlation difference. One way is to use a correlation coefficient to determine how closely two instruments are related. In general, it's a good idea to focus on quantifiable data, such as "I will enter a pairs trade when price ratio exceeds two standard deviations." Buy the underperformer and sell the overperformer. In practice, a pair transaction works as follows: at one time, we buy the undervalued currencie and sell the overvalued. If the assumption of the reunification of their prices is confirmed (which has been statistically proven), we collect the profit. It is irrelevant whether the profit is generated by the growth of the undervalued , a drop in the overvalued one, or any other combination of price fluctuations. What matters is that we collect our profit when the difference in prices is reduced. I need a programmer with high experience of MT4 MT5 programming and Forex Strategy understanding. 20 days