Risk Management with an EA

MQL5 Experts

Job finished

Execution time 6 days
Feedback from customer
Peter is fluent in English, professional and very approachable. We will definitely hire him again in the future. He did a great job and it was nice working with him.

Specification

Close all position if ONLY ALL below conditions are true

  • If the position opened by XXX magic number. (I can enter multiple magic numbers, or an option for all magic number) AND
  • If the open position has been opened for more than XXX (i can enter in minutes) (when position i opened on friday say 1 hr before the closing session, it should not count the weekends when it reopens on monday) AND
  • If the current loss is larger than XXXX (i can enter the value in usd or in points)

    CLOSE

Example:

if i open EURUSD at 2:00 PM for example and time is set to 3 hours and dollars is set to to 30usd.

then it went to negative 25 usd say at 3:00 PM.. the EA will not yet activate because its only 1 hour has passed...after a couple of hours say by 6:00 pm (thats 4 hours past) and the negative is only 28usd.. EA will not close position yet as dollars is set to 30 usd and negative is only 28usd even though 4 hours has passed ... however, by 7:00pm and it went to 31usd, then it should close


Just add the new feature to this open source EA - https://www.earnforex.com/metatrader-expert-advisors/Account-Protector/


Provide full source code AND allow me to TEST

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Project information

Budget
30+ USD
For the developer
27 USD