Double Hedge Grid Trading EA

MQL4 Experts

Job finished

Execution time 92 days
Feedback from employee
Great!!

Specification

This EA project involves Grid Trading, Hedging, and a modified Martingale approach to capturing the price movements of one currency pair.  I have tested the strategy manually and plan to use this EA on a REAL trading account on the MT4 platform.  The EA is tick based and should run automatically 24/5 once the user has defined the initial parameters.  It uses no indicators but relies on a horizontal grid of regular price intervals to determine entries and exits.  The EA should function on all time frames and run on all currencies.  The strategy depends on opening a simultaneous buy, sell, buystop, and sellstop, and subsequently alternating pending orders of increasing lot size.  When price crosses a grid level, the EA opens, updates, and closes these "trading blocks" and deletes any orphaned pending orders.  The EA should work at all lot sizes, and user defined money management protocols and parameters should be in place to protect the margin account.  Commentary notes in the log are needed to clarify and identify each of the trading blocks' results.  I will provide more details and materials if you are interested in pursuing this project further.  

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Project information

Budget
50 - 200 USD
For the developer
45 - 180 USD
Deadline
from 1 to 10 day(s)