FreelanceSections

Expansion of ALR Trade Manager

MQL4 Experts

Job finished

Execution time 5 days
Feedback from customer
exactly as last time: everythin perfect!
Feedback from employee
very very happy to deal with ...... i hope to deal with hem again excellent client

Specification

This will be a new version of the Expert Advisor you coded for me.

 

FixedProfit should not be a certain amount of money (USD),

but a certain amount of pips that should be profit.

For Exmple:

Fixed Profit = 100
SL = 500
TP = 1500

1st Trade Buy 1 Lot at 1,29500
2nd Trade Sell 1,4 Lot at 1,29000
3rd Trade Buy 0,94 Lot at 1,29500

Then the price reaches TP at 1,31000

1st Trade: 1 Lot * 1500 Pips Profit = +1500
2nd Trade: 1,4 Lot * 2000 Pips Loss = -2800
3rd Trade: 0,94 Lot * 1500 Pips Profit = +1400

+1500
-2800
+1400
=+100

The lot sizes of the trades should be calculated that way that there will be minimum 100 Pips Profit at the end.

It the price after the 2nd trade would have hit the lower TP (=1,27500) it would be like this:

 

1st Trade: 1 Lot * 2000 Pips Loss = -2000
2nd Trade: 1,4 Lot * 1500 Pips Profit = +2100

-2000
+2100
=+100

　

The EA should be actived if any trade is opened (manually or by another EA) an should manage this trade.

But it should work with more trades on more charts!

If i open a long position on EUR/USD and a short position at GBP/JPY the EA should manage these trades independently of each other.

 

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Project information

Budget
10 - 30 USD
Deadline
from 1 to 3 day(s)