Create this simple Expert Advisor (EA) for MetaTrader 4

MQL4 Experten

Auftrag beendet

Ausführungszeit 6 Tage
Bewertung des Entwicklers
Good client, nice communication. I was glad work for....

Spezifikation

DO NOT USE FXDREAMER OR ANOTHER EA BUILDER, just pure MQL programming!

Adjustable Options:

  • StartLotSize : The starting lot size is set to 1.
  • Stop Loss : Set at 100 points. There is no Take Profit for this strategy.
  • Risk % (if 0 it is deactivated, if above 1 then activated and overrides the StartLotSize value) example: Value 1 = Risk 1% of balance dependent on what Stop Loss is set.

Strategy:


  • The trade signal is initiated by the user when they click on either Buy or Sell.
  • For instance, if the user clicks on Sell with a LotSize of 1, the trade will automatically have the predetermined Stop Loss of 100 points. Additionally, there will be a pending order in the opposite direction (in this case, a Buy Limit order) set to trigger at 200 points.
  • Once this pending Buy Limit order is activated, it will have its own Stop Loss set at 100 points, and another opposite pending Sell Limit order will be placed 200 points away. This process will continue until any one of the trades hits the Stop Loss.
  • It doesn't matter if it's the first, second, or any subsequent trade that hits the Stop Loss. As soon as one does, all open trades will be closed.
  • Each consecutive trade will have its LotSize incremented by the StartLot . For example, the first trade will use 1 lot, the second trade will use 2 lots, the third will use 3 lots, and so on.
  • If the StartLot were set to 0.50, the progression would be: 1st trade at 0.50 lots, 2nd trade at 1 lot, 3rd trade at 1.5 lots, 4th trade at 2 lots, etc.
  • The point distance of the pending limit order is always twice the value of the adjustable Stop Loss. For example, if I set a Stop Loss of 50, then the distance for the pending limit order would be 100 points. This means that the Stop Loss value always doubles to determine the distance for the next pending order.
This EA shall run on any asset, like currency (5 digit), indices (DAX/US30) or Gold.

If the MT4 Terminal should restart or crash the EA should recognize its trades again.



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Projektdetails

Budget
30+ USD
Für die Entwickler
27 USD