Hello Developers,
I have got 2 versions that I use of an EA that the Vendor is not responding, so I would like to change some strategies in the EX4 file and I need to decode it to MQ4.
It is a Hedge EA that I would like to add a Lock Recovery when it reaches X% drawdown or X% away from price of original trade, then the recovery system starts in the opposite direction,
The Recovery will be achieved by one or many small locks based on Grid, Pyramiding or Averaging followed by a Trailing Stop, Take Profit or any recommended or suggested system.
After TP it could continue the Recovery cycle using the Strategy like the video below until the price goes back or the drawdown is reduced.
https://www.youtube.com/watch?v=h4XBk4qQbmU&t=35s
(TP if convenient can be used to close the first original order, FIFO, First in First out)
Overall Hedge Safety Lock if 1) drawdown reaches X% or 2) value $ loss in value of EA magic number (Then the EA must be paused and the orders will be dealt manually)
_ DISPLAY _
History Total/Daily/Weekly/Monthly $ and #Positions (Gain/Loss)
Current Total open $ and #Positions (BUY/SELL)
or suggestions
The work must be done on both versions and provided with the source code at the end of the job.
Thank you very much for your time!
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