HEDGING EA

MQL5 Experts

Job finished

Execution time 8 days
Feedback from customer
Looking forward to work with this guy again
Feedback from employee
very good customer

Specification


I am looking for an experienced developer to create an EA that incorporates hedging and martingale strategies. The EA will open an opposite trade when the current trade is not in profit and the MA gives an opposite signal. In addition, the EA will open another trade based on the MA signal if another signal comes up. The first trade will be based on the trend, MA, and confirmation. I need this EA to be created quickly and to meet the specifications provided. 


Supertrnd Hedging EA needs to have the following features:


1. Money Management:

- Automatic minimum lot size

- Multiplier

- Maximum lot size

- Trade direction (Buy/Sell or Both)

- Global stop loss/Drawdown

- Trading time (from 6:00 AM to 6:00 PM based on VPN time/computer time)


2. Fast and Slow Moving average (EMA):

- Used for Hedging and confirmation

- Whenever the current trade is not in profit and the MA gives an opposite signal, the EA will open an opposite trade using the multiplier

- Confirmation signal: when the fast MA crosses the slow MA and the current candle closes with all candles below or above, it's a confirmed signal.


3. Confirmation (Supertrend):

- Apply for entry (True/False)

- Entry timeframe

- Close on opposite when it's in profit (True/False)

- Period

- Multiplier

- The opening of the trade depends on the MA. If the MA gave a buy signal, the first trade will be a buy. If that trade is not in profit and the MA gives an opposite signal, the EA will open an opposite signal using the multiplier. For example, if the first trade was 0.2 lots and the multiplier is 2, the second trade will be 0.4 lots. Whenever it crosses again, it will open 0.8 lots. All hedging trades must be closed at 0.01 lots, but normal trades must be closed by an opposite signal.


4. Trend (KT Supertrend):

- If the user inputs 4 for trend determination, and 4 timeframes out of 7 give a buy signal, the buy signal will be confirmed.

- Confirmed trend (input number out of 7 (M1 to D1))

- Default settings of the KT Supertrend


5. The EA must have the ability to refresh and work on both Deriv platform symbols (such as Boom100) and other forex pairs. It must also use VPN time/computer time for trading.

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Project information

Budget
30+ USD
For the developer
27 USD
Deadline
from 1 to 3 day(s)