Graphical Hedging EA using Rectangular Tool on MT4. Zone Recovery EA

MQL4 Experts

Job finished

Execution time 2 days
Feedback from customer
works very fast and managed a very complex job with ease.
Feedback from employee
It was very good explanation of complex EA

Specification

I have made a video Here to better explain the EA I need.

Direct link to video here.  https://youtu.be/9M54UDbgjqM


Its based on the many recovery zone EAs available on the market such as Cap Recovery EA, Zone Recovery EA and the PZ Safety Net EA.

It will work based on the mt4 rectangle tool to set the recovery zones.

So if I draw the rectangle below the current price, it will open a trade at the beginning of the rectangle with the hedging order at the end of the rectangle at a percentage of the account. example, is account is 2000 dollars, and I set the percentage for 1st trade at 2%, it will calculate how many pips is the rectangle and open the lots according to 2% risk of the 2000usd.

  • I will be able to set how many cycles of hedges
  • Size of the recovery zone in pips if rectangle is not used but if rectangle is used then take profit will be calculated based on a percentage of the rectangle size.
  • I will be able to set the lot multiplier for each hedge cycle. so if multiplier is x3 and 1st trade is 0.1 then second trade will be 0.3 and third will be total of 0.9 etc etc.
  • It will also work with normal market orders and pending orders too.
  • Will have setting for initial trade take profit and also after hedging begins take profit. So I can set the initial trade take profit to 50 pips but after hedging begins then the take profit will be 25 pips
  • stop loss will be at the end of last hedging cycle, so if total hedging trades is 3, then stop loss will be at where hedge cycle 4 "would" have started.

please watch the video before accepting the job as it does get a bit more complex.

https://youtu.be/9M54UDbgjqM

Please only apply if you have knowledge of hedge recovery strategy or hedge recovery Was



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Project information

Budget
145+ USD
For the developer
130.5 USD
Deadline
from 1 to 3 day(s)