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
Looking to acquire a good MT5 based EA that works on Gold, forex pairs or BTC. Must be suitable for current market conditions and profitable in backtests. Suitable on 1 Min timeframe to be used on, Must be actively opening many positions throughout the day. Share me the details if this matches something you have or developed. Looking to get this finalised within the weekend
Pakayaku Robot Trading 30 - 200 USD
Revolusi Trading BTCUSD dengan Presisi Fibonacci & Ichimoku Kumo "Memperkenalkan Pakayaku Robot Trading , asisten cerdas yang dirancang khusus untuk menaklukkan pasar emas (XAUUSD) dan Bitcoin (BTCUSD). Menggabungkan algoritma Fibonacci Retracement untuk akurasi titik pantul dan Ichimoku Kumo sebagai filter tren global. Mengapa Memilih Pakayaku? Analisa Multi-Indikator: Menggabungkan Fibonacci, Ichimoku, dan
I’m looking to purchase an existing high-risk Expert Advisor (EA) for MT5. This is NOT a low-risk or conservative system. I am specifically looking for a high-risk, aggressive strategy such as: Martingale Grid trading High-frequency / high-leverage systems Objective: The goal of this EA is simple: Achieve extremely high returns (e.g. 100% in a day) I fully understand and accept the risk of losing the entire capital
READ BEFORE MESSAGING PLEASE Developer Requirements (Strict): - Expert Level Only: This is a professional-grade, robust trading engine. Please do not apply if you are a beginner or intermediate developer. ​ - Asynchronous Proficiency: You must have deep experience with CTrade and handling asynchronous order execution (Requotes, Busy Servers, and Order Integrity Sync). ​ - Proven Track Record: I require a developer
buy condition when blue color appears sell condition when yellow color appears close all buys when there is a sell order close all sells when there is a buy order
I need a MetaTrader 5 Expert Advisor for XAUUSD. Trend Filter : Trade only in the direction of the main trend. Patterns (Buy) : Hammer, Inverted Hammer, Doji, Bullish Harami, Bullish Engulfing + Green confirmation candle close above high. Patterns (Sell) : Shooting Star, Doji, Bearish Harami, Bearish Engulfing + Red confirmation candle close below low. Entry Rule : Wait for one Pullback candle (Red for Buy, Green for
Mass Positions Adder 30 - 50 USD
I am looking for MT4 EA for a task of automated opening of my defined quantity of active market order positions based on many different complex and very detailed rules and features. Quantity of active market order positions to be opened must match my defined value which can be just about anything. Several functionality features, very detailed ones, are to be implemented. Kindly check attached zip file with
I would like to build a very very low budget bot and test run it to see if it would be profitable on the long run or if it will just be a waste of money and resources It is python 70% of the engine logic codes needed are already existing on githubs and python traders community So you are not building from scratch at all So kindly go through it Thank you
Società di investimento con attività tra Sanremo e Monaco ricerca un giovane collaboratore con esperienza nell’utilizzo avanzato di MetaTrader 5. Si richiede la conoscenza della lingua italiana e inglese. Attività Il collaboratore si occuperà di: • eseguire backtest di strategie di trading su MT5 • effettuare ottimizzazioni parametri tramite Strategy Tester • analizzare risultati e robustezza delle strategie •
I want to create a loss recovery account.I have a zone recovery EA.It sometimes gives more buy sell entries than the target. This causes a lot of loss. I want to create an EA to reduce that loss by 40% to 50%. Example: My EA has lost $2200 with a buy sell entry. Now the new EA will give an entry that can reduce the loss from $2200 to $700

Project information

Budget
30+ USD
Deadline
to 3 day(s)