Equity protector EA to monitor equity of a specific EA when multiple EAs used on same account

Job finished

Execution time 37 days
Feedback from customer
Developer was great to work with. Job was delivered on time and all requirements were met. I would highly recommend and will be using his service again in the future.
Feedback from employee
Customer was great to work with. Requirement specifications were well written out. Looking forward to working with you again.

Specification

I require an EA that tracks the equity curve of a particular EA defined by its magic number and/or comments. Should the equity reach a certain stop loss limit (Minimum Equity), the EA will close all transactions (including pending order) for the particular EA being monitored.

I would also need a trailing stop. This Trailing Stop is made up of the stop loss limit (Minimum equity) plus a certain percentage or fixed amount added to it on a daily, weekly or monthly basis. So if the equity curve drops to the set limit + a set weekly percentage for example , all transactions for the monitored EA will close.

This EA will not close any other transactions apart from the ones defined by the magic numbers and/or comments settings.


The settings for this EA will be:

EA to monitor : this is just a text for reference

Filter Magic Number conditions: options are None, All, Equal, Not Equal, Contains and Not Contains

Filter Magic Numbers: commas separated magic numbers to monitor

Filter Comments conditions: options are None, All, Equal, Not Equal, Contains and Not Contains

Filter Comments : commas separated comments to monitor

Initial Balance : This is the initial balance used to calculate the equity curve, profit and loss will be added and substracted to this number from the monitored EA

Minimum Equity : This is the level at which if the calculated equity is reached, all positions for the EA being monitored are closed. This is basically the stop loss

Trailing Stop Start Date: the date from which the trailing stop starts (can be in the future)

Trailing Stop period: Daily, Weekly, Monthly

Trailing stop method: percentage or fixed amount

Trailing Stop Fixed Amount

Trailing Stop Percentage

Alerts: On /OFF

Alert Text

Alert Popup

Alert Email

Alert Notification


I will also need a panel on the chart to show all the settings except alerts and to also show the calculated Equity and net profit (calculated profit / initial balance) and the running trailing stop

The calculated Equity will be made up of all profit and losses for the monitored EA net of commission and swap fees. 


Please note that this equity protector doesn’t monitor the account equity but the equity for the trades of a particular EA.


Also it is a requirement that if the chart this EA is attached to closes, nothing is lost and that this EA continues where it stopped on restart.


We will need to supply a fully functional EA for MT5 and the source code.


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Project information

Budget
30 - 200 USD
For the developer
27 - 180 USD
Deadline
from 1 to 10 day(s)