Money manager EA

MQL4 Experts

Job finished

Execution time 15 days
Feedback from customer
good work
Feedback from employee
Good Communicator, and easy to work with! Highly recommended.

Specification

I need an EA cutting loss positions every specific timeframe, if a specified (balance - equity)/balance % is reached.
Parameters should be the following:

N° DescriptionValueExplanation
 1TFM1, M5, M15, and so onThe TF at which EA performs controls
 2(Balance - Equity)/Balance %% choosen by me (i.e. 5%, 10%, and so onThe % over which EA starts to cut positions at loss
 3Trades to cutdigit valutThe number (1,2,3...) of deals to be cutted each TF if Equity/balance % is crossed
 4Deals to cut1) The oldest
2) The youngest
3) The Lowest loss (absolute value in dollars, euros etc.)
4) The Greatest loss (absolute value in dollars, euros etc.)
5) The Lowest pips 
6) The Greatest pips 
1) EA cuts the oldest position (hour/date) accordingly to number in point 3
2) EA cuts the youngest position (hour/date) accordingly to number in point 3
3) EA cuts the position with lowest loss
4) EA cuts the position with greatest loss
5) EA cuts the position with greatest distance (in pips) from entry price
6) EA cuts the position with lowest distance (in pips) from entry price

Suppose the following parameters:
=====
TF = 5M
Equity/Balance % = 25%
Trades to cut = 3
Deals to cut = The Oldest
In this scenario, EA every 5 minutes checks if (balance - equity)/balance crosses over 25%. If not EA do not performs anything. If Yes, starts to cut positions accordingly to others parameters. If Yes, EA cuts 3 oldest positions.
EA then waits next 5 minutes, and performs a new check on (balance - equity)/balance %. If again over 25%, a new cut of 3 position is performed.
=====

Another example:
=====
TF  = 1H
Equity/Balance % = 30%
Trades to cut = 1
Deals to cut = The Greatest pips
In this scenario, EA every 1 hour checks if (balance - equity)/balance crosses over 30%. If not EA do not performs anything. If Yes, starts to cut positions accordingly to others parameters. If Yes, EA cuts 1 position, with greatest distance from entry price than all the other ones (EA considers only distance about deals in loss).
EA then waits next 1 hour, and performs a new check on (balance - equity)/balance %. If again over 30%, a new cut of 1 position is performed.
=====


Please also consider that:
Deals to be cutted comes from another EA.

Responded

1
Developer 1
Rating
(4)
Projects
4
0%
Arbitration
0
Overdue
1
25%
Free
Similar orders
I am looking for an experienced developer to create a custom MT4 Expert Advisor (EA) / trading robot. Requirements: Fully automated trading system for MetaTrader 4 Clear entry and exit strategy (can be based on indicators, price action, or a custom logic) Risk management features (lot size control, stop loss, take profit, trailing stop) Ability to run on multiple currency pairs Option to adjust settings (risk %
I need a custom MT4 Expert Advisor based on H4 breakout with martingale and equity protection. Platform: MetaTrader 4 / MQL4 Main symbol: XAUUSD Must work on 5-digit / 3-digit brokers All settings must be adjustable from EA inputs Strategy Logic: EA must detect the previous H4 candle high and low. Automatically open BUY when price breaks above the previous H4 high. Automatically open SELL when price breaks below the
Hello, I am looking for an experienced MQL5 developer who can build a reliable choppy/range market filter for my existing EA. My EA works well in trending markets , but it takes too many losing trades during sideways, choppy, and ranging markets . I want an indicator/filter that can detect bad market conditions and pause or block EA entries during those periods. Main Requirement: Detect Trend / Range / Choppy market
Trend Filter BUY EMA 9 > EMA 21 > EMA 50 EMA 50 slope must be pointing upward. Price must remain above EMA 50. SELL EMA 9 < EMA 21 < EMA 50 EMA 50 slope must be pointing downward. Price must remain below EMA 50. Slope sensitivity should be adjustable in the EA settings. Entry Conditions Wait for a pullback toward EMA 9 or EMA 21. Entry only after a valid engulfing candle. BUY Previous candle bearish. Current candle
Kenyan Editor 30+ USD
1.a specific robot to earn for a quick and reasonable trade all over. The Idear of being specific makes me perfect, I want this to be clear that make me a high luxurious person will describe me and I will promise to advertise the market both internally and externally
I have my own strategy in 1min. I want it convert to a bot. Please reach me only coding experts. I dont want bit makers from Ai. Demo version should be provided for confirmation
Code the indicator to MT5 EA, include all the inputs variable and values Enable EA true or false Allow live trading Allow demo trading Allow strategy tester Bar shift 0 adjustable Lot size adjustable Max spread in points (0=disable) Use stop loss true or false Stop loss in points (adjustable) Use stop loss circle true or false Use take profit true or false Use take profit in points (adjustable) Use pending order in
Siraj Durrani 30 - 50 USD
Title: Need MT4 Expert Advisor for XAUUSD (SMC/ICT Strategy) Requirements: I need a professional MT4 Expert Advisor (EA) for XAUUSD based on Smart Money Concepts (SMC) / ICT strategy. Features: - Platform: MetaTrader 4 (MT4) - Symbol: XAUUSD - Automatic Buy and Sell trades. - Detect market trend automatically. - Use Break of Structure (BOS) and Change of Character (CHoCH) for trend confirmation. - Enter trades only
Xauusd to gold 35+ USD
The EA must be fully automated , backtest-friendly , prop-firm-safe , and built with a clean modular architecture . Core Strategy Requirements 1. Higher Timeframe Bias Use D1 and H4 . Use 200 EMA as trend filter: If price is above 200 EMA on both D1 and H4 -> allow BUY only If price is below 200 EMA on both D1 and H4 -> allow SELL only If D1 and H4 are not aligned -> no trade 2. Market Structure Module Detect and
Looking for an experienced MQL5 developer to build a professional, fully automated Multi-Timeframe trend-following Expert Advisor for MT5. The system is asset-agnostic (Forex, Gold, Indices, Crypto, and Deriv Synthetics). Core Technical Logic: Macro Trend (H4 & H1): Direction determined by Candle Close vs. EMA 200, and EMA 50 > EMA 200 crossover state. Market Structure Filter (H1): Algorithmic

Project information

Budget
30+ USD
Deadline
to 3 day(s)