RFP VISION EA V1.0 MT4

Description

It seems like you’re referring to an RFP for a specific Expert Advisor (EA), “VISION EA V1.0,” which could be a trading bot or automated trading system for MetaTrader 4 (MT4). RFPs typically outline the project requirements, scope, objectives, and expected outcomes for vendors or developers to submit their proposals.

If this is the case, here are the general components you might expect in an RFP for developing or modifying an EA like VISION EA V1.0 for MT4:

1. Project Overview:

• Objective: Provide a detailed description of the EA’s purpose (e.g., automate trading based on specific indicators or strategies).
• Vision: Highlight the goals the EA is intended to achieve, such as improving trading efficiency, optimizing strategies, or reducing risk.

2. Scope of Work:

• Development: Will the EA need to be created from scratch, or are you modifying an existing version (e.g., VISION EA V1.0)?
• Features: Specific features the EA should have, such as:
  • Trading strategy implementation (e.g., trend-following, scalping, etc.)
  • Risk management (e.g., stop-loss, take-profit, trailing stops)
  • Custom indicators and signals
  • Timeframe flexibility and adaptability
  • Ability to trade multiple currency pairs
  • Performance optimization for low latency
• Customization: Any specific preferences for customization (like user-friendly interface or unique strategy settings).

3. Functional Requirements:

• MT4 Compatibility: Specify that the EA must be fully compatible with MetaTrader 4.
• Backtesting: Include requirements for backtesting the EA on historical data.
• Live Testing: Specify if live testing or forward testing is needed to assess performance.
• Risk Management Features: Include requirements for specific risk management mechanisms (e.g., risk percentage, max drawdown).
• Logging and Alerts: Specify the need for logging trade activity and real-time alerts for trade executions or important events.

4. Technical Specifications:

• Programming Language: The EA should be written in MQL4 (MetaQuotes Language 4).
• Performance: Requirements for performance benchmarks, including execution speed and stability.

5. Deliverables:

• EA Source Code: If applicable, whether the source code should be delivered.
• Documentation: Clear documentation explaining how the EA works, how to install it, and how to configure it.
• User Manual: A manual explaining how the user can manage and operate the EA.

6. Timeline:

• Development Timeline: An estimated timeline for the completion of the project (e.g., development, testing, final revisions).
• Milestones: Key milestones for the development process (e.g., prototype, beta version, final version).

7. Budget & Payment Terms:

• Cost Estimates: Provide a breakdown of the project costs (e.g., initial development, testing, maintenance).
• Payment Schedule: Details on payment structure (e.g., upfront, upon delivery, after testing).

8. Support & Maintenance:

• Post-launch Support: Clarify if post-launch support or maintenance will be required.
• Updates and Bug Fixes: Whether you need updates to the EA in the future or bug fixes.

9. Vendor Qualifications:

• Experience: Specify the need for experience in developing MT4 EAs.
• Portfolio: Request a portfolio or examples of similar work.
• References: Any references from previous clients to confirm the vendor’s credibility.

Would you like help drafting a specific section of this RFP or reviewing any particular requirements? Let me know how I can assist!

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Disclaimer:

The EAs sold on our channel are not created by us.

We are only resellers of these EAs and the EA performance cannot be guaranteed or predicted.

Past performance is no guarantee of future results. We seek the EA on an ‘as is’ basis and only the version mentioned is being sold.

All future updates will be on a best effort basis and could involve further fees to be paid owing to acquisition and unlocking costs.

EA updates are thus not automatic and not guaranteed.

 

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