EA/Robot for a Chaining Strategy (Spread Betting)

MQL4 Experts

Job finished

Execution time 17 days
Feedback from customer
Surely a capable guy and is efficient.
Feedback from employee
Thanks for the job , it was pleasure to work with

Specification

I'd like to develop an Expert Advisor which will create chaining small orders at set intervals around the current market point, and the orders are only created within a set range. This is specifically for MT4 Spread Betting with Pepperstone, trading indices and metals.


An illustration is as below, using Hong Kong's Hang Seng Index as an example:

  • When HK50 index is currently at 18946.4, I'd need to create 3 limit orders below this point and 3 stop entry orders above this point. The number of the bracketing orders is Parameter 1.
  • Stack for each order is £1. The stack/contract size is Parameter 2.
  • The internvals between each order is 100. Thus the three limit orders should be 18900, 18800 & 18700; and the three stop entry orders should be 19000, 19100 and 19200. This interval between orders is Parameter 3.
  • Starting point offset has a preset of value of 0.0. But it shall allow changes like ending with a set digit, e.g. buying at 18950. This is parameter 4.
  • Take-profit for each point should be 100 points away, e.g. Buy at 18900 and Take Profit at 19000. This take-profit interval should follow Parameter 3.
  • Therefore, profit taken for each order is £1 x 100 points = £100
  • Stop Loss value is Parameter 5
  • When the market price moves, new orders of the same pattern above should be created, but NOT duplicating the existing orders and active positions. Say, when the market moves to 19001 now, the script will check if there are all six orders/positions that cover the set range. It should now create a new stop entry order, buying at 19300 and take profit at 19400.
  • This should allow the strategy to run for Long or Short mode (Parameter 6)
  • The above strategy should keep looping when HK50 index is between a lower limit (Parameter 7), e.g. 18200 and an upper limit (Parameter 8), e.g. 19700. It should not create any orders when exceeding this set range
  • While Parameter 6 and 7 can be input manually, it should also be able to opt for linking to Bollinger Band's (BB) lower level and upper level. The BB should allow input of Period, e.g. 14 (Parameter 9), and deviation, e.g. 2 (Parameter 10).


I do have an ex4 file that can do 80% of the above for your reference. It just have missed Parameter 8, 9 and 10.

Greatly appreciate if any experienced developer can quote for the above. Thanks.


Responded

1
Developer 1
Rating
(10)
Projects
25
28%
Arbitration
1
0% / 0%
Overdue
1
4%
Loaded
2
Developer 2
Rating
(155)
Projects
224
33%
Arbitration
27
26% / 26%
Overdue
23
10%
Free
3
Developer 3
Rating
(253)
Projects
407
38%
Arbitration
85
42% / 19%
Overdue
70
17%
Loaded
4
Developer 4
Rating
(548)
Projects
1330
59%
Arbitration
28
82% / 0%
Overdue
10
1%
Free
5
Developer 5
Rating
(453)
Projects
512
33%
Arbitration
25
40% / 48%
Overdue
7
1%
Loaded
6
Developer 6
Rating
(121)
Projects
155
43%
Arbitration
20
60% / 20%
Overdue
8
5%
Working
7
Developer 7
Rating
(37)
Projects
59
27%
Arbitration
25
20% / 52%
Overdue
10
17%
Working
8
Developer 8
Rating
(5)
Projects
4
50%
Arbitration
4
0% / 75%
Overdue
0
Free
Similar orders
We are looking for an experienced Expert Advisor Developer who can build a customized MT5 Expert Advisor for us. The Expert Advisor would use two built-in indicators as entry/exit signals and our own risk management strategy with customizable inputs. The goal is to create a reliable and efficient trading tool that can automate our trading process on the MT5 platform. Skills required: - Strong understanding of
I need stochastic div (hidden &regular ea) that should perform task in all tf's ..divergence is a repaint stly so i want to use it with candlestick flips .. so bet for it
Hello, I have an indicator from a friend and I'd like to replicate it on my own TradingView or MT5 platform. Could you assist me with that?. Here is the link
so basically I have an EA(mql5), AI script(python), flask server and socket server both on python. Now this is an experimental script as I am trying to learn. However the EA is not entering any trades. How much would it cost for you to troubleshoot this for me? Thank you in advance
NEW FUNCTION 50+ USD
La idea es la siguiente, sería un EA semi automático. Yo como trader opero en zonas. En adelante las vamos a denominar ``zonas calientes´´. El EA debe que necesito debe operar conforme a 4 zonas calientes que yo configure en el mismo. ¿Qué hará el EA en cada una de esas zonas calientes que yo he configurado? En cada una de estas zonas el EA debe realizar hedging (crear un rango en el cual el EA entrara en sell o en
I have the bot just over half made, from another developer who let me down and decided they no longer wished to finish the project, so I have a basic example of the fundamentals of what it could look like, although multiple functions I require do not work, but I can show this to you on request. There are multiple features that I require, so please read the in depth requirement sheet on the attachment. Function: To
I need EA that works on MT5 to be able to do the following: - Can recognize Support/Resistance area - Can recognize VWAP direction. - Can recognize RSI. - Can recognize Double Top/bottom, Bullish/Bearish hammer candle, Bullish/bearish engulfing candle. - Ability to set Stoploss below/above support/resistance, but risk must be fixed at a certain price. - Stoploss
I want a program that will help calculate and enter the market on full margin for me. I just need to put in the price for entry, Stop loss and TP then it will calculate the lot sizes for entering the trade on full margin on Mt5
"I need an expert advisor (EA) based on stochastic divergence and candlestick formation. It should be able to identify both hidden and regular divergences. The EA should also include modified risk-reward ratios, modified timeframes, and a trailing stop loss. It is important that the EA is 100% accurate. Once an experienced developer applies, I will share the complete strategy."
I am seeking a highly skilled and experienced developer to assist with an important project. I need a development of an automated trading bot for NinjaTrader, utilizing a 4 SMA (Simple Moving Average) crossing strategy, with additional custom diversions for trade entries. The bot needs to be based on a strategy involving the crossing of four different SMAs. The exact periods for these SMAs and the conditions for

Project information

Budget
100+ USD
For the developer
90 USD