Hedging EA

MQL4 Experts

Job finished

Execution time 1 day
Feedback from employee
Excellent customer with fast response and good communication skill . Thanks for your job.
Feedback from customer
This was my first time ever using Cai's services and it was fantastic. The execution was perfect from the first trail. For sure I will contact him again for any upgrades to my EA.

Specification

I am looking for someone to create a EA. At the start of the EA, a buy and sell trade opens. Take profit is set at 5 pips. For example, if price moves up, after 5 pips it reaches TP a new buy opens. If price moves down by 5 pips, another buy opens and the TP is adjusted. Meanwhile, as price moves up, the Sell order opens trades a set intervals, with increased lotsizes and determined TP level. Once the price comes down to the TP level of the selland reach it, all the sell trades close. Once all is closed, there will be a new sell trade again.

There are no indicators that I use. Purely money management. I hope the attached files make a bit more sense.


As price moved against a initial sell or buy trade, the following sequence will be used.


Account Balance

9000                                                                            Lotsize

0 Trade open                                                             0.04     TP at 10 pips

5 Pips  2nd trade open                                                0.04     TP move to 12 pips

5 Pips from 2 ndtrade 3 rdTrade open                          0.04     TP move to 13 pips

5 Pips from 3 rdtrade 4 thTrade open                          0.04     TP move to 15 pips

5 Pips from 4 thtrade 5 thtrade Open                          0.20     TP move to 15 pips     1.25

30Pips from 5 thtrade 6 thtrade open                          0.18     TP move to 45 Pips     0.9

50 Pips from 6 thtrade 7 thtrade open                         0.63     TP move to 55 pips     3.5

50 Pips from 7 thtrade, 8 thTrade open                       1.08     TP move to 65 pips     1.71

50 Pips from 8 thtrade, 9 thtrade open                        1.96     TP move to 70 pips     1.82

I would like to be able to set the pip values of each level and the lotsizes and TP levels.


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Project information

Budget
30 - 100 USD
VAT (20%): 6 - 20 USD
Total: 36 - 120 USD
For the developer
27 - 90 USD
Deadline
from 1 to 10 day(s)