FreelanceSections

Multicurrency Expert Advisor based on Recovery Strategy and Grid

MQL5 Experts Statistics and mathematics Trading robot/indicator debugging Forex

Specification

Need: The Expert will generate a position buy\sell if the price breaks up\down the highest\lowest of the previous last hours defined by input.

If the first position can’t reach his take profit and it is going in the wrong direction, the algorithm will open a reverse bigger position. If also this new position can't reach his target, recursively, an hedging system called “Recovery Zone Strategy” will be active.  

After n openings, if the Expert can’t close the block of opened positions with a minimum profit, the Recovery Zone Strategy will be frozen (hedging positions), and a Double Grid Scheme is called in order to recover the loss. 

The expert will execute also Traling Stop and will provide a basic Graphic Panel. Operations will be saved on an external logFile.

The algorithm has to be developed with MQL5 , on Tick,  Multicurrency and with any timeframe and timeZone UTC+3 (broker time).

Detailed file with the full Requirement Specification will be provided to you later.

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Project information

Budget
60+ USD
VAT (22%): 13.2 USD
Total: 73.2 USD
For the developer
54 USD
Deadline
from 5 to 20 day(s)