Easy Trend Reverse Martingale EA (MT4 or MT5)

MQL4 Experts Forex

Job finished

Execution time 1 day
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Specification

IDEA:
An EA is to be programmed that alternately buys or sells positions according to various parameters.
The main market should be the currency pairs, the EA should trade 24/5.

TRADING STRATEGY (example EURUSD):

ENTRY:
As the EA is activated, a 1% position (or fixed lotsize) is opened immediately.
The EA decides on entry by random to BUY or SELL.

SELL order:
The SELL order has a fixed stoploss in pips (adjustable Parameter) and a fixed takeprofit in pips (adjustable Parameter ).
If the SELL order runs into the TP, a new BUY order with a 1% size  (or fixed lot size) is automatically opened.
If the SELL order runs into the STP, a new BUY order with a 2% size (or fixed lot size * 2) is automatically opened.

BUY order:
The BUY order has a fixed stoploss in pips (adjustable Parameter ) and a fixed takeprofit in pips (adjustable Parameter  ).
If the BUY order runs into the TP, a new SELL order with a 1%  size  (or fixed lot size) is automatically opened.
If the BUY order enters the STP, a new SELL order with a 2% size  (or fixed lot size * 2) is automatically opened.


With each stoploss of the position, the size is doubled (martingale).
With each take profit, the size remains at 1% (or fixed lot size).
The EA should have a parameter for the maximum number of losing trades (e.g. 5, after 5 STPs the EA should stop).

The EA is started and stopped manually, the EA should run if it has been activated.

PARAMETER (adjustable in the setup):
Fix Lot Size OR % value of capital per trade.

Stoploss in pips
Take Profit in Pips

Desired Assets:
Forex pairs, DAX, SP500


Files:

PNG
kaya-ea.png
75.5 Kb

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Working
Similar orders
Ich benötige einen Programmierer der mir einen EA für MT4 erstellt aber auch Kenntnisse in MT5 hat und mir diesen EA später auch in MT5 umschreiben kann. Der EA muss an festgelegten Hochpunkten oder Tiefpunkten die durch einen fraktalen Indikator ermittelt werden eine Position eröffnen, sobald der Hochpunkt oder Tiefpunkt erreicht wird. Die Positionseröffnung erfolgt in einem kleineren Timeframe mittels festgelegter

Project information

Budget
110+ USD
VAT (19%): 20.9 USD
Total: 130.9 USD
For the developer
99 USD
Deadline
to 10 day(s)