An Expert Advisor for Lot Generation

Job finished

Execution time 14 hours
Feedback from employee
very good customer thank you man
Feedback from customer
The Aim of the logic has been perfectly implemented. The way of interaction was awesome !! do select him blindly without any doubts, 100% satisfied with the project work

Specification

Lot Generator EA

 

1.      Get the spread difference from the chart.

 

2.      Buy and sell at the same time (Spread will be the loss)

Example:

Current Spread: 3 points

Buy & Sell EUR USD 0.10 lots at current price (1.17090)

BUY @ 1.17091

SELL @ 1.17088

3.      Immediately close the above orders with the loss of spread value

Example:

Profit / Loss for the above example will be -$0.60

4.      In order to recover the losses made, need to enter the trade with double lot size with hedge recovery strategy (refer this below image)

Hedge Recovery


Hedge Recovery 

5.      To cover -$60

let start with 0.02 lot take profit with 30points

0.02*30 = 0.6 usd

if it reversed @-30points set sell stop for multipiler of 2.5 insted of double!!

TP and SL with respective to cover above loss

 

 

 

 

 

 

 

 


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Project information

Budget
40 - 80 USD
For the developer
36 - 72 USD