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MT5 - EA Creation Based on Scalping, Averaging and Hedging

MQL5 Experts Statistics and mathematics Strategy optimization Strategy modules Forex Product Design

Job finished

Execution time 22 days
Feedback from customer
Excellent professional, very attentive, patient and good communication, met the deadlines and specifications of the project, we will work again and I strongly recommend it to other clients.
Feedback from employee
He is great customer. Our communication was clear. Task was very interesting. I highly recommend to work with him and I will wait for another his order.

Specification

Dear trade coders, I have a special challenge for you! I need an expert programmer to build EAs for high frequency trading, scalping, averaging and hedging.

 

Entry rules:

If no trades are open, trigger the next trade based on bar size and direction references. This strategy does not use indicators as an order opening signal.

Winning orders (example – BUY) that reach their target will be closed and a new order will be opened afterwards.

 

Closing rules:

Open losing orders, starting from the second order (example – SELL), can be closed together by the average price (Averaging).

If the price goes against the target of losing orders (example – SELL) then an order in the opposite direction (example – BUY) will be opened and all losing orders can be closed together by the average price (Hedge).

After opening the hedge order, the EA can resume operations with the opening of new orders, according to the entry rule for the first order.

 

Other resources:

Although the strategy is quite simple, I will need to test some basic features in this version of the EA, such as auto lot, order type, trailing, spread and slippage filter and other details that I will send to candidates.

 

I expect in this trading system a large volume of operations with very fast opening and closing characteristics, in milliseconds like an HFT, so I need an experienced and competent programmer to write this code in the cleanest and most optimized way possible for high performance and trading accuracy in markets with high volatility. A GOOD knowledge of coding, trading and math will be fundamental for this project, it is a first version of a strategy, so after the first tests I hope to be able to develop future versions with the same professional soon.

Criticism and good ideas on how to develop these systems in the best possible way will be very welcome.

I'm waiting for you, see you soon!


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Project information

Budget
30 - 50 USD
For the developer
27 - 45 USD
Deadline
from 5 to 10 day(s)