I have created a eSignal EFS. This efs is a simple stochastic that graphs over a wide sample and can be used to time swings in the forex markets providing trade entries.
I use this efs on a one, two, three, four and five minute charts to signal bottoms or tops in the price. The turning of this efs on the one, two and three minute charts signal the entry of a market order. Trade direction is determined based on whether the price is trading above or below a specific moving average. Profit targets and stop limits are set at the time of trade entry. Profit targets are static, stop losses start wide and need to tighten based on time from trade entry.
These trades are very short intraday trades on forex currency pairs. System is to be built and tested on the Euro/USD pair but will be implemented over many currency pairs.
System needs to read the eSignal efs and execute orders based on efs readings for several time frames, price relationship to moving average ( Longs above the average, shorts below the average. ) and the time of day. ( Trades entered only within a specific 12 hour period. )
System needs to execute orders to [url removed, login to view] api.
( [url removed, login to view] )
Oanda offers access to game account for testing system.
The efs works on many markets and all time frames. I would like to find a developer who is interested in partnering to develop this and additional systems using this efs. System hosting and licensing are next projects after adequate testing of forex and other markets.
Revenue sharing possible for the motivated developer who can see this opportunity and provide service for the owner of this system and the licensee's of this system in the future.