Modification of a trading tool EA

MQL4 Indicators Experts

Job finished

Execution time 4 hours

Specification

Hello,

the attached EA is a basic trading tool which was created to calculate how many units of an underlying instrument are purchased or sold based on where you put your stop & preset risk parameters on any given trades. Unfortunately and for some unknown reason it does not always calculate the exact TP and also misplaces the SL at times. I have no idea why this is so, but in regards to the TP I assume it has to do with the slippage involved on market orders. Instead of going through the process of recalculating every trade by hand and to make sure that the TP is correctly calculated I want those issues being fixed once and for good.  On top I want also the sell side of this EA being slightly modified. Since bids are only displayed on MT4, I want the spread being taken into account of the computing process too.

Here is how the EA works: It uses a vertical line to determine to its right hand side where the high and/or low of a price swing is and beneath or above where the stop is placed. A horizontal line is used as trigger line. When the bid crosses the horizontal line from below a purchasing order is issued and vice versa and the hidden stop is placed 1 tick above/below the area's high/low.

Since there are discrepancies in the calculation of the TP I want to make use only of the real time EXECUTED PRICE as reference!


The TP of a long trade should therefore be calculated as following:

((EXECUTED PURCHASING PRICE - stop) * TakeProfitFactor) + EXECUTED Purchasing Price = TP


The TP of a short trade should therefore be calculated as following:

(EXECUTED Selling Price - spread) -((EXECUTED SELLING PRICE - (stop + spread)) * TakeProfitFactor)  = TP


If necessary the TP has to be placed AFTER market entry or being modified, whatsoever is possible and feasible. Instead of me doing it per hand the EA should do it for me automatically!


In regards to the misplacement of the SL I am totally left in the dark. I have not the slightest idea why this is so! It happens totally on a random, unpredictable basis!


Who is willing & able to code this for me!


Many thanks in advance & all the best!




Files:

Responded

1
Developer 1
Rating
(43)
Projects
66
12%
Arbitration
12
58% / 42%
Overdue
1
2%
Free
2
Developer 2
Rating
(40)
Projects
55
35%
Arbitration
2
0% / 50%
Overdue
0
Free
3
Developer 3
Rating
(298)
Projects
427
26%
Arbitration
18
61% / 33%
Overdue
26
6%
Free
Published: 8 codes
4
Developer 4
Rating
(589)
Projects
1070
50%
Arbitration
39
28% / 41%
Overdue
49
5%
Working
Published: 1 article, 8 codes
Similar orders
Dear Developers, Please build a hyper-precision, continuous bi-directional Scalping Expert Advisor (EA) for MT5 based on the following extremely detailed requirement specifications: 1. Dynamic Entry Logic (Green and Red Candle Micro-Execution): - Do not use RSI, MACD, or EMA crossover filters for execution. The EA must be active 24/7 continuously. - Upon activation, the EA must instantly and simultaneously open both
I Trade on XAU and I need a proven MT5 profitable EA. Must needs proved of backtesting ROI, drawdown data, and Live proven results. I need solid proof of Live account and needs to check for minimum 7 days for myself. For that you can send me ex5 file at this moment no need to send source code. Once everything is verified then you may send me the source code. Must you will have to supply mq5 file to the end
Scalper V max 30 - 150 USD
Title: Scalper V max - EA with Advanced Profit Protection & Loss Defense Project Overview: I require a high-frequency MQL5 (or MQL4) Expert Advisor named "Scalper V max". The bot must execute precision scalping entries on short timeframes (M1 / M5) while strictly enforcing automated profit-locking and loss-defense rules to prevent large drawdowns. 1. Signal & Entry Logic: - Indicator Setup: Combine EMA Crossover
I need an already developed EA with proven ability to grow small accounts for day trading. It can trade any specific instrument like gold, EURUSD or more than one instrument. Any strategy is welcomed, including scalping in lower timeframes A test version is required before concluding the deal or being selected. Only those with ready products apply No fake EAs needed
Hi there. I need someone who can create an trading ea that should place order in points movement if it more then The spread but it must calculate the next price movement points using ai ,atr to be sure with the next points if it greater then the spread , it must read the live spread and compare of the next price can cover up the spread cost message me if you can also test will require only the movement of the next
the final ea must faithfully implement the logic from the provided phython file run cleanly on mt5 and deliver solid backtest result.its shoild be very easy to set up use with clear input parameter proper risk management and no complicated installation steps
PrimeXBT Broker - EA Bot wanted to be built $30 for the job to be completed. I’ve done the code just need this online via an experienced developer. Let’s hope you can make my bot and gain me a better lifestyle
Good afternoon. 30+ USD
Okay im ready to create my goals new beginning life tough but u learn and restart why not now it never too late chance szszybinvdtvvijbcdyvvxsxhuyfxbj b x d h b x d b xhnnk b v c d taking care of yourself for me is a
Forex Hunter MT5 30 - 250 USD
ثبت طلبك في مواصفات البوت الثاني كذا: الجودة والأمان أهم من السعر، وما يدخل إلا إذا الفرصة قوية، مع حماية عند الخسائر وانقطاع الاتصال وارتفاع السبريد، وتشغيل مستمر على سيرفر، مع اختبارات إلزامية قبل أي تشغيل حقيقي. بهذه الصيغة يصير يشتغل وأنت مرتاح بالِك، لكنه يوقف تلقائيًا وقت عطلة السوق أو أي خلل. بس أكون واضح معك: ما في بوت يضمن عدم الخسارة، خصوصًا بالمضاربات السريعة، هدفنا نقلل المخاطر ونمنع الخسائر غير المنضبطة
I'm looking for an experienced MQL5 developer to create a Opening Range Breakout EA. The EA should identify the high and low of a configurable trading session and open trades when price breaks out of this range. It should include configurable Stop Loss, Take Profit, fixed lot size, break-even option and trading hours. Full mq5 required

Project information

Budget
30 - 100 USD