Simple trading robot with two types of entries- based on standard deviation - with hedging function, as well as trailing stop exit.

MQL4 Experts

Specification

Hi Programmers,

 

Needed is a simple trading robot, primarily to be used experimentally, as I don't expect it will be profitable, but fully functional.

It trades in both directions - buy & sell.

Any broker.

Trade size automatically calculated as a % of equity (this to be configured via inputs). 

Timeframes M1 - W1. It needs to be configurable to each timeframe to be used. Would be ok to have it dragged on to charts of different timeframes and configured at that stage. It will need to operate simultaneously on different timeframes of the same currency pair, as well as other currency pairs. I'm not sure if a different magic number is needed for every different instance...

It acts in the current uncompleted bar using tick prices, with reference to the standard deviation of the previous completed bar. (The 0 SD level needs to be recorded, as well as the value, in pips of 1 SD.) A minimum pip size needs also to be set also in case the SD size is too small (more relevant in M1-M15 trades).

There are two kinds of entries, based on standard deviation, and retracement from extreme tick prices in the current bar. Possible to have both a buy trade and sell trade open at once on the same bar, and even trades of both kinds operating simultaneously.

Exits can be switched to either a stop loss which becomes trailing when price reaches a certain level; or a trailing stop which takes profit, and a hedging process with up to 3 further steps if original trade unsuccessful. If the trade is successful, it can span more than 1 bar. The second type of entry involving retracement/pullback can occur on the next bar, provided the first type of entry occurred on the first bar.

The hedging process begins when the original trade is in loss, at a price level configurable with reference to standard deviation, and involves placing a trade in the opposite direction, with a larger lot size. There can be further two hedge entries if the price oscillates around the original trade entry level and hedge entry level.


So I need a programmer experienced in programming EAs, who can code a robot which refers to ticks, rather than OHLC of completed bars; and standard deviation. Also experience in hedging is required.

 Regards, 

 

Seerkat 

Responded

1
Developer 1
Rating
(2449)
Projects
3086
66%
Arbitration
77
48% / 14%
Overdue
340
11%
Free
2
Developer 2
Rating
(118)
Projects
201
42%
Arbitration
44
9% / 68%
Overdue
47
23%
Free
3
Developer 3
Rating
(320)
Projects
525
66%
Arbitration
52
21% / 38%
Overdue
169
32%
Free
4
Developer 4
Rating
(363)
Projects
506
40%
Arbitration
147
18% / 72%
Overdue
99
20%
Loaded
5
Developer 5
Rating
(12)
Projects
14
29%
Arbitration
5
20% / 80%
Overdue
6
43%
Free
6
Developer 6
Rating
(187)
Projects
367
56%
Arbitration
45
22% / 56%
Overdue
188
51%
Free
7
Developer 7
Rating
(54)
Projects
164
43%
Arbitration
43
47% / 16%
Overdue
58
35%
Free
8
Developer 8
Rating
(5)
Projects
7
43%
Arbitration
0
Overdue
1
14%
Free
Similar orders
Hello Investors, I'm selling a profitable and stable expert advisor trading on the Gold (XAUUSD) pair using a cutting-edge scalping strategy. The EA is able to generate a stable monthly income without using martingale strategy, and with an optional cut loss in place. Particularly the average monthly gain can go from 2-3% (at a relatively low risk, with an historical max DD of 6%) to 20-30% (with an aggressive style
Hello, I have a strategy and I need a very good programmer who will create me an exprt or make me an indicator that will open positions for buy/sell limit (see picture below). The indicator/Expert will have to open positions (buy/sell limit) regarding the strategy and indicators (I will explain it more in collaboration). Below I will give pictures of what I mean. I will send a link to the telegram group where it
Atomic Analyst Indicator to EA. I have an mt4 indicator called Atomic Analyst. The indicator gives buy/sell signals as shown in the screenshot. I want to know if you can take this indicator, and create an EA that automatically takes the signals. The indicator puts in the SL and TP1, TP2, TP3, TP4, TP5 automatically. I would like the option to put in my lot size parameter and I would also like an automatic trail stop
can you help me with Ctrader i need modification on the linkhttps://docs.google.com/document/d/1fggk49xWbnwahtfOlE-U7G6muZB1FT8eWmftGiY7R-s/edit?usp=sharing can you assist with cTrader modifications to enhance functionality and improve performance. do text me if you a professional on it i will be looking forward to your response best regards
MT4 Expert Advisor 30 - 120 USD
EA sittings The EA utilises the concept of grid and hedging by creating a zone for recovering losing trades It is a continues trading EA without any stop loss. The EA initially aims to trade continually without the need to hedge. The EA enter the first trade following the direction of the moving average (when price is above or below the moving average), and only hedge when, the trade goes against the trend and reach
Would I honestly need is someone who can make a profitable EA for me that can at least make me around $80 a day starting with $50 and the EA must be able to work with exness the EA should automat trades 24/7. Broker = Exness Pairs = USD/JPY XAU/USD and etc Chart time frames = M1 M15 History = last month till last 6 months. Lot size 0.10 take profit at $2 stop
Hello i am seeking a skilled MetaTrader 5 (MQL5) developer to modify an existing Telegram signal copier. The goal is to enhance the copier's functionality, reliability, and user experience. kindly bid this job to get started immediately
Hello, I’m looking for assistance with creating or customizing a TradingView indicator to suit my trading needs. If you have experience in this area, please reach out. Your help would be greatly appreciated. Thanks
# MT4 Expert Advisor Development Rules ## Time Period Definition 1. Allow user to define a specific time period (e.g., 10:00 to 15:00). 2. Identify and store the high and low prices within this period. ## Price Breakout Detection 3. Monitor current price for breakouts above the period high or below the period low. ## Signal Confirmation (signals will be taken on m5 timeframe) 4. After a breakout, wait for a signal
HI Recently purchased VPS, But now i am getting Following message "failed to get list of virtual hosts [404]", I need one help to fix this isues and make sure my EA working on VPS, when my computer off Thank you

Project information

Budget
50 - 100 USD
For the developer
45 - 90 USD
Deadline
from 3 to 5 day(s)