Create a Hedge Function

MQL4 Indicators Experts

Job finished

Execution time 16 days
Feedback from employee
Very Good Customer, Nice to talk with him, Highly Recommended Cause he know what developer want... thanks again, A+++ Grade
Feedback from customer
Awesome developer, one of the best in the business, very fast and has good understanding of what was required. Will use again.

Specification

I have an E.a. with multi-currency, I want true and false for each asset of 28 pairs.

The concept has Martingale but i want a hedge function to be added to close the furthest trade,

For example lets say each grid is triggered at 20 pips and the value per pip is $0.10 per 0.01 lots:

Lots=$value-amt Negative=grid level

0.01 =$0.10 -$10.00= 1 first grid level 100 pips

0.02 =$0.20 -$16.00= 2 grid level 80 pips

0.04 =$0.40 -$24.00= 3rd grid level 60 pips

0.08 =$0.80 -$32.00 4th grid level 40 pips

0.16 =$1.60 -$32.00 5th grid level 20 pips

for example the hedge comes in and closes the 0.01 while 0.02 is open up to 0.16. 

Can this be done in a percentage basis thing where 0.5% or 1% risk exposure on the

account triggers a hedge order to close or reduce the risk.

Please observe the video if you are interested and the best price and ideas will be considered.


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Project information

Budget
30+ USD
For the developer
27 USD