Martingale Strategy

MQL5 Experts

Job finished

Execution time 56 days
Feedback from employee
Thank You for the opportunity.

Specification

Three parts to it: 


Part 1: to capture all candle data of each candle of whatever time graph i am using it on an excel spreed sheet. 

e.g if i am running it on the 1min graph, then the required data would be: 

A) high

B) low

C) open 

D) close 

also the time and date of such candle are to be displayed as well. 

 

Part 2: The Martingale Strategy

I would like to incorporate the martingale strategy whereby for one trade lost the next trade would double the mount to win back what was lost in the previous trade plus a profit.  

The input variables are:

a) The max consecutive loss (Max_loss) = this is the number that would represent a consecutive maximum loss and would also stop the EA from trading immediately. (Default value = 5)

b) Lot size (Lot_S) = this is the initial amount of money used for each trading. Note: whatever value chosen the martingale strategy must be able to adjust its lot size automatically for the next trade.

 

Part 3: Options of trading with martingale strategy (only one strategy can be selected at a time while trading): 

1) Alternated option (Alt_op) = this is an option that would allow the martingale strategy to buy and then sell alternately regardless of conditions

2) Alternated option (Alt_op) = this is an option that would allow the martingale strategy to buy and then sell alternately regardless of conditions

3) One up and two down (1u_2d) = this is an option that would allow two buy trades consecutively and then followed by a sell trade. 

4) Two up and One Down (2u_1d) = this is an option that would allow two sell trades consecutively and then followed by a sell trade. 

The results of the data are to be captured in the excel spread sheet as well in either a win or loss grade

Please see the attached pic of how the data are to be captured in the excel spread shoot.

Files:

PNG
Excel_Pic.PNG
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Project information

Budget
100+ USD
For the developer
90 USD
Deadline
from 8 to 10 day(s)