Simple Grid Martingale EA

MQL5 Experts

Job finished

Execution time 13 days

Specification

 Type of Operations:

Standby mode: do nothing

Normal operation

Wait for profit close and stop à change to this to prevent EA enter new trades

Close immediately all orders

 

Entry type 1:

Bullish candle with (open-close) > x% H1 ATR ( a period)  à enter sell

Bearish candle with (open-close) > x% H1 ATR ( a period) à enter buy

 

Entry type 2:

Price close above Bollinger band à enter sell

Price close below BB à buy

Time Filter of operation: trade start hour/ trade end hour à only enter new trade in this time

Close whole basket after trade end hour: true/ false à so the EA only wait to trade in time filter and no trade opens after end hour, close current basket regardless of profit or loss after trade end hour.

 

Grid/ Martingale inputs:

Initial lot size

Number of grid levels

Grid step: fixed pips or x% H1 ATR for every grid level

Martingale multiplier: 1 = use the same lot size, 1.5 = every new trade will increase 1.5 times of initial lot size  (remember to round up the lot size)

Take profit mode: fixed pips/ x% H1 ATR (period) from average basket price/ in $ amount/ in % Balance amount

Stop loss for basket: value in $/ %Balance.  Value = 0 means not use stop loss

Stop entering new trade if this EA instance (run on 1 chart with 1 magic number) with loss > x% balance or amount in $ (on/off)

Account Equity Protection: Stop trading & close all trades when whole account in loss of x%/ amount of $ for all EAs/all charts

Close all trades at weekend: on/off à close all trades at 23:00 Friday

Dash Board: Display monitoring information in the chart ( mode of operation, grid/martingale inputs/ TP SL, account protection info etc.) , also display current order information and history results like this:



Magic Number

Comment

Send Alert to Emails/ SMS function for New trade/ change of EA status/ Account Equity Protection hit

 

 


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Project information

Budget
50+ USD
For the developer
45 USD