Create a 'Zone Recovery EA' for MT5

MQL5 Experts

Job finished

Execution time 13 days
Feedback from customer
Developer has a load of patience. And understood my requirements very fast.
Feedback from employee
Detailed explanation of requirements specifications. Looking forward to working with you again. Thanks

Specification

I am looking for a 'Zone Recovery EA'  that creates a Zone based on the Lines Drawn on the chart. 

The EA should show few Buttons on the chart. 

Button 1 --> 'Lines' --> when I click on lines, 2 lines should be created on the chart (like creating a zone) and the lines should be moving with the current price. 


Button 2 --> When I click on 'Activate Zone' button, 2 pending orders (1 buy Stop and 1 Sell Stop) should get created at the lines.  

Button 3 --> 'Copy Zone' --> when I click on Copy Zone, the previously zone should get created again (zone with the same pips) with the pending orders.

Button 4 --> Close button to close all trades

Field 1 --> this field is to Show ATR value (value in Days)

Field 2 --> Risk % of the capital to be entered in this field by the trader

Field 3 --> the calculated LOT size should get displayed here.

for lot size calculation use:

  1. Amount of $ at risked: for example: 2% of account size 10,000 $ = 200 $
  2. ATR value: IF the trader enters 50, it implies 50 days. Therefore the ATR(50) = 0.00747 
  3. Contract size of the margin currency: for example for EURUSD the margin currency is USD and the contract size is its 100,000 $ (this value is found in the specifications of the asset). Example 2: for GBPJPY the margin currency is GBP. So, first convert GBP to USD and convert 200 $ (to Pound) = 252.2 Pound and apply the below math.

formula: 


 


Field 4 --> the Desired lot size to be entered by the trader. If NO value is entered in this field, the 'Field 3' Lot should be considered as default Lot.

Once a Pending Order is Hit, 2 TP lines should be drawn at a distance equal to ATR (50) in Points. and ATR(50 ) Points / 2.

** All the feature of a typical Zone Recovery system should be enabled in this EA once the Zone is activated**

 ** SL and Trailing SL is a future enhancement, if everything works as expected.**

Provide minimize and maximize buttons on the dashboard.

The dashboard should look something like below:





 


 

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Project information

Budget
50+ USD
For the developer
45 USD