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How to Order a Trading Robot in MQL5 and MQL4
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Specification
I need a robot with multiple strategies like Price action, Tend, breakout, support, and resistance. Once the trend is confirmed, the robot will open the order based on the trend direction, but I want an optional parameter to tell the EA to continue to open an order of the same lot size at the end of each candle if the last candle matches the trend. So if it is a buy signal, the EA opens the first buy order, and at the end of the candle, if it is a bullish candle, another order will be opened with the same lot size. But if the last candle is bearish, the EA will not open any order. But if the following candle is bullish, it will open a buy order again. The opposite will happen on a sell signal. I want the chart of the robot to have support and resistance indicators like the below chart with a trend arrow. Add an account risk management parameter to auto-choose lot size based on risk %, to also decide on max Drawdown to close all orders and a fixed lot size option.
"I will need a suggestion on how the hedge function works with my strategy. If the drawdown reaches a certain level, the EA can use some profit trade to close the loss trade either partially or wholly to maintain a certain drawdown level.
The EA will have a dashboard for Account and Trade management, News filter, Chat GPT, and any other functionality that can be suggested.
For the entry order calculation
The order should be opened if
1. there is a breakout - provide a parameter to either turn on or off this strategy
2. Trend reversal at support or resistance - provide a parameter to either turn on or off this strategy
3. MA crossing. I will need to be able to select which MA out of the five (10, 20, 50, 100, 200) is crossing which one. - provide a parameter to either turn on or off this strategy
4. Using Price action analysis
Exit strategy
1. there should be stop loss and take profit parameters. Include a trailing function too
2. All orders in the previous trend should be closed on a trend change. Provide a parameter to either turn on or off this exit strategy
3. I also need a stop loss by currency value and Take Profit by currency value option."
Responded
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Rating
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84
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22%
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48%
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27%
Free
2
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Projects
6
0%
Arbitration
5
0%
/
100%
Overdue
1
17%
Free
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Project information
Budget
30+ USD
For the developer
27
USD
Deadline
from 2 to 5 day(s)