1. Introduction I am seeking a skilled programmer to develop a bot that recognizes early developing VWAP (Volume Weighted Average Price) chart patterns using TradeStation's RadarScreen functionality. This tool is crucial for enhancing our trading strategies by identifying potential market leaders in the penny and small-cap sectors.
2. Project Overview The bot will operate within the TradeStation platform and must have the ability to scan hundreds of stock symbols across various markets, including NASDAQ and S&P. It will evaluate both premarket and regular market data to identify key chart patterns that signal potential trading opportunities.
3. Scope of Work The bot must include the following features:
- Market Scanning: Ability to scan multiple stock symbols simultaneously across different trading markets.
- Pattern Recognition: Identify early developing VWAP chart patterns for penny and small-cap stocks.
- Alerts: Provide audible and visual alerts when specific patterns are recognized.
- User Guide: Deliver a comprehensive user guide to facilitate system optimization.
4. Technical Requirements
- The bot must be compatible with TradeStation's RadarScreen.
- Preferred programming languages include EasyLanguage, or similar languages compatible with TradeStation.
- The bot should be designed for optimal performance to handle real-time data efficiently.
5. Deliverables
- A fully functional bot capable of recognizing early VWAP chart patterns.
- Documentation, including a user manual and code comments.
- A recorded “how to use” presentation via Zoom, demonstrating the system’s functionalities and optimization techniques.
6. Timeline
- Please provide an estimated timeline for project milestones, including design, development, testing, and delivery.
7. Budget
- Outline your budget range for this project and any preferred payment structures (e.g., fixed price, hourly rate).
8. Proposal Submission Guidelines
- Interested programmers should submit their proposals by [insert deadline].
- Proposals should include relevant experience, past projects, and a brief description of the approach to developing the bot.
9. Evaluation Criteria
- Proposals will be evaluated based on experience, cost, approach, and the ability to meet the outlined requirements.
10. Contact Information
- For any questions or clarifications, please contact John Bottoms at (removed)