FreelanceSections

Grid Strategy with Martingale Recovery

MQL4 Experts

Job finished

Execution time 7 days
Feedback from employee
very please to work with you.. two thumbs up
Feedback from customer
Fantastic! I am a first time user of any freelance coding service. Bambang delivered the program exactly as specified in a very fast time. I am impressed

Specification

Hello, I would like an EA programmed that operates on a continuous grid pattern.

Both long and short positions can be open at the same time. Long and short trades can essentially be regarded as separate modules.

Movement in trend direction takes profit by using trailing stops after a defined T/P interval has been reached.

When the trend heads in the opposite direction, the EA commences Martingale recovery after a defined loss threshold has been reached, and continues opening trades with increasing lot sizes as the price passes further grid levels.

When in Martingale recovery, the net P/L of the two trades with the largest difference in pips is calculated and the trade pair closed when a defined P/L has been reached.

Full details with worked examples will be provided in an excel file.

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Project information

Budget
50 - 250 USD
For the developer
45 - 225 USD
Deadline
from 14 to 30 day(s)