Risk Manager EA for MT5

MQL5 Experts

Job finished

Execution time 23 hours
Feedback from customer
Good person. I have done several projects with him. An awesome developer. I like his approach to handling projects. All the best.
Feedback from employee
All is great! ⭐️⭐️⭐️⭐️⭐️

Specification

Dear Coders ,

I need the following EA 


1. A movable  horizontal line on chart to set entry price for limit orders (it will be used to determine entry price for the limit orders)

2. Only Two types of orders(buy limit/sell limit)

3.Stop Loss based on Risk Amount

For example: if our risk amount is $200, our stop loss will be $200/20 or  $10 per pip or 1 lot per pip

4. Take profit  equals risk amount multiplied by a factor 

For example  $200*5 =$1000+commision+swap+spread


5. Consecutive loss handling:

a. if trade 1 is in loss 

trade 2 will be ($200*5+commission+spread+swap)+1st trade loss amount($200) = $1200/5 = $240 stop loss

trade 3 will be 1200+240/5=$288

trade 4 will be 1640+288/5


like this x number of consecutive losses will be calculated based on input.

Print labels :

1. Lot Size

2. Total Target  Risk Amount

3. Total Target Profit Amount

4. Total Current Loss Amount(Running Trade)

5. Total Current Profit Amount(Running Trade)


Also use Automated SL/TP with true false .


If  you are interested and can do in short notice  let me know .






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Project information

Budget
30+ USD
For the developer
27 USD
Deadline
to 1 day(s)