I need an evolving Gird EA

MQL4 Experts

Specification

Hi there

I imagine this will just be modifying and existing grid EA

What I'm looking for is an EA that will grid trade. However specifically I'm looking for an EA that will open a predetermined (select-able) number of trades and then if the market moves further against these positions the EA will close the first position opened accepting it as a loss and then open a new position in its place. The EA then recalculates break even (plus) based on the now opened trades. Should the market continue to move against the open positions when the time comes for the next position to be opened in the grid the EA will again close the first of the current open positions, open the new position and recalculate.

Try this as an example... Grid of 4 x 20 pip, TP on each trade 20.

The EA is turned on at price 1000 on a currency pair. It buys looking to TP at 1020. The market drops to 980 where the EA opens a second position. Some news event moves the market further south, so positions at 960 and then 940 are opened thus filling the grid. Price drops further and when it reaches 920 the position first opened at 1000 is closed representing an 80 pip loss, the EA then opens a new position at 920 and establishes a break even closing point at 950. Should the market rebound to 941 the EA closes the 920 position at TP. If the market moves south again position 920 is opened again.

It needs to be able to do this in both directions

I guess you could call it a live evolving grid. There may already be something like this available but I thought I would try here first.

 

Thanks for your help

 

Attention: Hi everyone thanks for your interest. I have attached a file that shows the parameters that can be chosen in a Grid EA developed by PZ. What I'm after is an EA that will do these things in addition to what I have written above. It must be able to trade (establish grids) in both directions at the same time.


Edited 05/05/16


Regards James




 

Files:

Responded

1
Developer 1
Rating
(52)
Projects
133
44%
Arbitration
14
50% / 29%
Overdue
55
41%
Free
2
Developer 2
Rating
(879)
Projects
1392
67%
Arbitration
117
32% / 42%
Overdue
215
15%
Free
3
Developer 3
Rating
(2423)
Projects
3044
66%
Arbitration
77
48% / 14%
Overdue
340
11%
Free
4
Developer 4
Rating
(1853)
Projects
3455
88%
Arbitration
73
40% / 15%
Overdue
265
8%
Free
5
Developer 5
Rating
(258)
Projects
395
28%
Arbitration
69
19% / 49%
Overdue
120
30%
Free
6
Developer 6
Rating
(1091)
Projects
1771
61%
Arbitration
14
64% / 7%
Overdue
84
5%
Working
7
Developer 7
Rating
(182)
Projects
342
42%
Arbitration
118
12% / 73%
Overdue
104
30%
Free
8
Developer 8
Rating
(265)
Projects
539
50%
Arbitration
55
40% / 36%
Overdue
224
42%
Working
9
Developer 9
Rating
(62)
Projects
140
46%
Arbitration
19
42% / 16%
Overdue
32
23%
Free
10
Developer 10
Rating
(647)
Projects
1295
67%
Arbitration
84
26% / 49%
Overdue
338
26%
Free
11
Developer 11
Rating
(68)
Projects
111
26%
Arbitration
17
6% / 71%
Overdue
15
14%
Free
12
Developer 12
Rating
(107)
Projects
149
36%
Arbitration
29
3% / 55%
Overdue
35
23%
Free
13
Developer 13
Rating
(133)
Projects
185
30%
Arbitration
77
9% / 73%
Overdue
77
42%
Free
14
Developer 14
Rating
(89)
Projects
137
24%
Arbitration
35
9% / 40%
Overdue
52
38%
Free
15
Developer 15
Rating
(46)
Projects
73
16%
Arbitration
13
8% / 92%
Overdue
37
51%
Free
16
Developer 16
Rating
(55)
Projects
118
67%
Arbitration
0
Overdue
0
Free
17
Developer 17
Rating
(221)
Projects
369
66%
Arbitration
10
50% / 0%
Overdue
46
12%
Free
18
Developer 18
Rating
(1)
Projects
4
25%
Arbitration
1
0% / 100%
Overdue
1
25%
Free
19
Developer 19
Rating
(251)
Projects
400
54%
Arbitration
9
67% / 22%
Overdue
36
9%
Free
20
Developer 20
Rating
(25)
Projects
54
37%
Arbitration
4
0% / 50%
Overdue
22
41%
Free
21
Developer 21
Rating
(130)
Projects
210
40%
Arbitration
90
20% / 43%
Overdue
85
40%
Free
22
Developer 22
Rating
(121)
Projects
134
66%
Arbitration
36
25% / 56%
Overdue
22
16%
Free
Similar orders
1. Add Feature For (SPREAD) Normal trading Hours Spread or User set trading Hours Spread True or false Set to true or False When set to true EA will only create or develop a trade if spread is in this window allowing it to and EA will follow a window in which it can trade based on spread so if spread is to high and outside of this window it will not create a trade It
I would like to create a basic Expert Advisor for MetaTrader 4. The purpose of the Expert Advisor is simple: to load a template file. Understanding why I want this in an Expert Advisor: I have a template saved with an indicator saved to it. The indicator itself suffers from painting issues. If I reapply the indicator to the chart I am using, it paints properly. What I'm looking for is to have the Expert Advisor
I am looking for a programmer to do EA trader. If you can understand what I want from the video i do and you can do it, contact me because you will be able to do what I want. https://drive.google.com/file/d/1wbHxbUQQqCkdpr0-pHfIh2b288LzYTV2/view?usp=sharing
Hi, I have an indicator from my friend, I want to copy it to MT5 can you do that for me. Here is the link
Hi, I have a working MQ4 EA (With a few warnings but works fine), I need the warnings cleared and converted to MQ5. But I would also like a few improvements first. Firstly: Fix warnings in MT4 code (return value of 'OrderSelect'/'OrderModify' should be checked). Add following features: Magic number modifiable variable (It's currently hard coded) Is it possible to have a stop loss dollar amount instead of lots if
i create a robot which help with order blocks and detection of spikes ....simply it analyses the market for you and if you are using it you wont need much skill to start operating it well you just need to know and understand how it works
I need an experienced programmer to create an automated EA that will open trades based on different candle stick formation strategies and indicators. The EA will first scan the market, find a current market trend and define area of support and resistance. On ranging market the EA doesn’t place trades . (1) EA should use a straddle strategy from either the S/R level, (2) indecision Doji candle from the S/R area, (3)
Order of EA trading only Arrow signals of my indicator in MT4 This EA should trade only the BUY and SELL Arrow signals after 1 added candle AND only if the bricks (blue for blue and red for sell) are in same direction Arrow + a brick Indicator is here attached. Arrow up + 2 Bricks Blue is BUY Arrow down + 2 Bricks Red is SELL Important is to check ONLY CLOSED candels. Sometimes it maybe occur ,that arrow apperase
Je souhaite un Ea advisor, possédants des stratégies combinés tels que : RSI+BB, Stoch+ATR, Fibonacci pattern harmonics, Keiltner+Canal Donchian, EMA+SMMA, support et résistance,zizag Min lots : 0.1 Je rechargerai mon solde une fois qu’un bon robot me sera présenté Je 'ai qu’une centaine d’euro entre mon investissement en votre EA et mon solde métatrader je ne veux pas de calcul de lots en fonction de mon
Hi, I have an indicator from my friend, I want to copy it to MT5 can you do that for me. Here is the link

Project information

Budget
20 - 200 USD
For the developer
18 - 180 USD
Deadline
from 5 to 20 day(s)