Easy Hedge system modification in existing exponential ea

MQL4 Experts Integration

Specification

Hello,

 

I am looking for somebody who could Program a easy hedge system in an existing code that I have. This ea buys/sells multiple orders in an exponential growth.

If the market keeps moving against the orders it will open few more trades and it will be multiplied by 2 and TP will be adjusted. This ea works well in a ranging market, a major problem is that if the market is strongly trending then it will keep opening trades in the losing direction, this can drive to a large drawdown.

Example orders: 

Lot exponential: 2.0

Lots: 0.01

1# 0.01 lot Sell

2# (0.01*2.0) =   0.02 lot Sell 

3# (0.02*2.0) =   0.04 lot Sell

4#(0.4*2.0) =     0.08 lot Sell

5# (0.08*2.0) =  0.16 lot Sell

 

etc.

 

This exponential growth can be setup as a maximum, by the external parameter MaxTrades.

 

The add-on

If the Maxtrade has a maximum of 5 trades, than the hedge system has to reverse one trade (with a changeable parameter in lots) so the 6th trade has to be the opposite trade.  This reversal trade has to have a higher lot  then the previous trades, this could be setup in the external parameter.

 The reversal trade parameters (Example):

 

Extern bool RecoveryTrade = TRUE/FALSE

Extern RecoveryLots = ( 0.6 )

Extern RecTrailingstop = 30       //only in profit (not with stoploss)

Extern TrailingStart  = 20           //after profit reached, start after break even

Extern Stoploss = 40

 

Example order

 

1# 0.01 lot Sell

2# (0.01*2.0) =         0.02 lot Sell

3# (0.02*2.0) = 0.04 lot Sell

4#(0.4*2.0) = 0.08 lot Sell

5# (0.08*2.0) = 0.16 lot Sell

6# (extern para.) = 0.3 lots Buy

 

If you are interested, or you have a question, please send me a message. I will send you the mq4 file with the additional information.

 

Thank you 

Responded

1
Developer 1
Rating
(129)
Projects
208
54%
Arbitration
21
24% / 52%
Overdue
64
31%
Free
2
Developer 2
Rating
(362)
Projects
506
40%
Arbitration
147
18% / 72%
Overdue
99
20%
Busy
3
Developer 3
Rating
(89)
Projects
139
24%
Arbitration
34
32% / 44%
Overdue
59
42%
Working
4
Developer 4
Rating
(49)
Projects
134
27%
Arbitration
62
13% / 53%
Overdue
58
43%
Free
5
Developer 5
Rating
(71)
Projects
156
44%
Arbitration
22
41% / 14%
Overdue
16
10%
Free
6
Developer 6
Rating
(195)
Projects
395
28%
Arbitration
155
20% / 52%
Overdue
112
28%
Free
7
Developer 7
Rating
Projects
1
0%
Arbitration
0
Overdue
0
Free
8
Developer 8
Rating
(25)
Projects
54
37%
Arbitration
4
0% / 50%
Overdue
22
41%
Free
9
Developer 9
Rating
Projects
0
0%
Arbitration
0
Overdue
0
Free
10
Developer 10
Rating
(267)
Projects
542
50%
Arbitration
55
40% / 36%
Overdue
225
42%
Working
11
Developer 11
Rating
(62)
Projects
140
46%
Arbitration
19
42% / 16%
Overdue
32
23%
Free
Similar orders
Hallo zusammen, es wird ein Entwickler für einen eigenen Expert Advisors gesucht. Der Expert Advisor soll anhand von zwei miteinander kombinierbaren Indikatoren (Relative Stärke inkl. Gleitender Durchschnitte und dem Supertrend-Indikator) Einstiegssignale in Long und Shortrichtung für alle möglichen Underlyings suchen. Hierbei soll bei einem initialen Einstieg zusätzlich in einem zeitlichen Abstand und gemäß
Hello, everyone. I have a supertend indicator. I want to set candle color according to trend like attached image. If you have done it, I will give you more jobs. Thanks
I want to create new bot by decode one other bot. This ea is very easy based on grip based trading. Real expert can contact me. My telegram number and what's up number are +919425904504
Hi! I am looking for an experienced developer who can create my own trading strategy for the XAUUSD instrument in the MT5 language. Main tasks: - trading strategy programming (opening with 2 solutions, closing with 1 solution); - provision of configuration options (allowing trading, trading time windows, SL, TP, trading strategy parameterization); - displaying a trading strategy graph on the chart (possibility of
I'm looking for an MQL5 expert to develop a trading EA that uses the ratio of candle wicks to body sizes to automatically enter and exit trades. Key features should include: - Autopilot function: The EA should handle trade entries without manual intervention. Trade exits are only by hitting trailing SL. - Trade criteria: Trades should only be placed based on specific, pre-defined ratios of candle wicks to body sizes
EA BREAKOUT SNR 30 - 100 USD
I need a developer who can work with quickly & details. Create EA MT5 with features :: 1. Can identify Support and Resistance (based on close candle) 2. Marking SNR Breakout Zone 3. There is a multitimeframe breakout scanner & History Setup Dashboard Panel 4. Scan the valid setup that appears (Compare 2 Timeframes) 5. There is manual marking of zone(box), SPREAD INFO & Next Bar Time, EXPIRED DATE & LOCK ACC 6
Double PSAR 30+ USD
Attachment has the latest requirements and picture. Some code isn't so good. Coders should code. I want solid code, not copied, not from EA Builder or similar tool. Please see written requirements and rules below. Please see picture attached. I hope these are clear. GBPUSD, H1, September 12-20, 2024 How closely can your coding match the picture? Indicators: PSAR Step: .01 Maximum: .01 Advanced PSAR Start AF: .02
Convert my tradingview pine script to mt4, Its a simple and straight code i need an expert programmer to convert my tradingview pine script to mt4, Thats All Thank you
The 1HSM EA allows users to configure trade settings, including activation, trading session, trade timing, maximum simultaneous trades, and stop loss type (virtual or visible). Users can set breakeven parameters, slippage control, and profit trailing options (gap, block, or target). Reverse trading can be enabled, allowing trades in the opposite direction if the price reverses significantly. Specific conditions for
Hello, i would like to have a fix on my plotted lines I use a liquidity strategy on the 1 hr time frame but the indicator that i am using for plotting the 1 hr lines is having a issue and printing the plot lines all over the place on the current 1 and 4 hr plot line as you can see in the screenshot this is very disturbing while i am trading can u fix that or just remove the current 1 hr plot line ?and or only show

Project information

Budget
10 - 50 USD
VAT (21%): 2.1 - 10.5 USD
Total: 12.1 - 60.5 USD
For the developer
9 - 45 USD
Deadline
from 1 to 5 day(s)