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
FireDire 30+ USD
I want a prop-firm–compliant trading robot, not a fast or aggressive one. Objectives: – Pass a prop firm challenge safely within 2–4 weeks, not 1 week. – Focus on capital protection first, profit second. Risk & Money Management: – Risk per trade: 0.25%–0.5% max – No martingale, no grid, no recovery trading – One position per signal (optional scaling only after BE) – Global daily risk cap: 1%–1.5% – Respect both daily
Project Description I am looking for a highly experienced MQL5 developer to build a professional-grade Expert Advisor for MetaTrader 5, focused on XAUUSD (Gold). This project is not a simple EA, but the foundation of a scalable multi-strategy trading system, designed for long-term development and future upgrades. Core Concept The EA must support a maximum of 5 internal strategies, each working independently but
Hola, estoy buscando un programador MQL5 con experiencia real en el desarrollo de EAs diseñados específicamente para generar un alto volumen de operaciones diarias. Mi principal prioridad no es un bot que realice solo unas pocas operaciones, sino un sistema con una alta actividad comercial, capaz de abrir lotes de gran tamaño de forma constante y que opere en condiciones reales de mercado, incluyendo spreads
I am looking for an expert in trading bot development to trade Bitcoin and other cryptocurrencies. The bot must be able to execute trades automatically based on a specific strategy, including risk management, precise entries, and automated exits. Experience with exchange APIs and trading automation is essential
I need an experienced developer to carry out an indicator and trading robot using the following; moving averages risk ( take profit and stop loss) and maximum drawdown limits heiken ashi confirmation. trendline breakout if possible The developer will test this on a demo account that I will provide before conclusion as I don’t want anyone to waste my time trying to use chartgpt trial and error. If you can do the
I need screenshots for the MetaTrader 5 documentation - https://www.metatrader5.com/en/terminal/help I need you to remake all the images included in the guide, except for those on the very first page which are already up to date. You simply go through each page of the guide, and take the same images: same size, same interface elements, same set of charts/trades, symbols, etc. These include small icons of commands
I am looking for an experienced MQL5 developer to build a currency strength analysis tool for MetaTrader 5 , inspired by the functionality shown here: https://www.livecharts.co.uk/currency-strength.php The main idea is simple: calculate and display the relative strength of major forex currencies to support better trade decisions. However, the key feature I want (which is currently missing from most strength meters)
I am looking to purchase or create an HFT EA for US30 using live account. Need to proof results and need to use in Live accounts for at list a week, developer can lock for my live account and disable account number after 5 dys. I tested HFT in a demo account and worked fine but when used in live account it did not work because of slippage/spreads. so, this time I need more safe
I need a professional MQL4/MQL5 developer to build a custom hybrid scalping Expert Advisor for EURUSD M5, with aggressive but controlled risk, using fixed TP/SL, no martingale, no grid, and a hybrid entry engine (price action + indicators). The EA must be delivered in both MT4 (MQL4) and MT5 (MQL5) versions, with identical logic. 1. Platform & symbol - MT4 (MQL4) and MT5 (MQL5) - Symbol: EURUSD - Timeframe: M5 - EA
Hello i need an EA automated using Supply & Demand + Shooting Star/Hammer Bot: Timeframes: H1 main, M5/M15 for entry Indicators: ATR(14 ≥0.80), Supply/Demand zones, Candlestick patterns Short Entry: 1. Price enters supply zone 2. Shooting star forms (small body, long upper wick ≥2× body) 3. ATR ≥0.80 4. Sell below shooting star low Stop Loss: above upper wick Take Profit: next support zone or 1:2 R:R Trailing Stop

Project information

Budget
30+ USD
Deadline
to 3 day(s)