Hedging Ea - trade management EA tweaks

MQL4 Indicators Experts

Specification

Trading size is to be calculated at Free Margin/1000 on a 400:1 account giving 1% equity growth per pip in profit I take.

 

EA Development required

 

Automate the following

 

Strat1 

 

-          Each day set pending limit orders for the day at Fib level 3 areas and remove any unmatched pending orders from previous days trading because once a day you have a new set of DO/DP levers for the fib levels to work off. * Add pending orders to Fib LVL 3 for both DPfibS3 and DPfibR3 & DOfibS3 and DOfibR3

We ideally want a condition on these orders also - IF/When price hits x Fib level After price has been in  outside channel on indicator SDC Indy then falling back to fib lvl 3 take trade with a option to set this condition on/off

  

 Strat2

 takes signals from Flying budda indicator (only to be used After NY session has closed and tokyo has opened. 

 

to use below trade manager ea that i will provide (to use below settings for hedges etc) 

 

Exisiting EA used

Steves MPTM (most functions disabled – only used for the following

-           enter 200% hedge trades when we hit 30 pip loss on the original trade

-          Close first trade and hedge at break even or TP at  D S/R or DS/Fib/ DR Fib level

-          Set to manage all open trades

-          Make sure hedge the hedge is turned off.

-          Trailing stop at 30 pips must be set to active  

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Project information

Budget
20 - 50 USD
For the developer
18 - 45 USD
Deadline
3 day(s)