Adaptive Hedge EA.

MQL4 Experts

Job finished

Execution time 12 days
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Specification

 I need a talented coder to create this EA. It's a bit complex but should be able to be created.

 

1.  Buy and sell every 30 pips up or down. (I would like to select the grid size)

 

2.  No profit taken or set till at least 2 trades total are in. (2 buy trades or 2 sell trades. Remember, buys and sells should act separately)

 

3. Profit is set to 10 pips for the buys and 10 pips for the sells. (2 trades will be in profit while 2 will be in loss. Like my past systems I want the losing trades to profit total +10 pips. For the wining/profitable trades I want a SL set for a total of +10 pips. Make sense?) 

 

4. The EA will need to modify the TP and SL so TP and SL are always 10 pips.

 

5. How to do the TP and SL math for 2 or more trades? 

1.6118 + 1.60818  = 321936 

Now divide (/) 321936 by 2 and you get 1.60968.

In this case we add (+) 100 to a.60968 for our BUY trades which makes our TP 1.61068. For our sell trades, subtract (-) 100 and you get 1.60868. It's quite simple once the math is understood. 

 

6. I would like to be able to set the lot size individually for the buys and sells.

 

7. I would like to be able to set the lock in pips. (standard should be +10) 

 

8. Martingale options 1 and 2 

(.1, .2, .3, .4, .5)

(.1, .2, .4, .8, .16) 

 

9. Matching hedge option. 

After a trade cycle closes for 10 pips profit a new trade is entered to match the volume of the current DD cycle. For example....

We have 6 0.1 lot buy trades in DD. Our 6 0.1 lot sell trades have just hit profit. Since we still have 6 buy trades I want a new SELL to go in right after the last 6 closed. The new sell should go in right away at 0.6 lots. Every 30 pips down from that a new 0.1 sell trade should be executed. See picture for more detail. 

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Project information

Budget
30 - 50 USD
For the developer
27 - 45 USD
Deadline
from 3 to 5 day(s)