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 have a High-Frequency Trading (HFT) Expert Advisor for both MT4 and MT5 that is primarily designed to trade US30 (Dow Jones Index) . The EA performs consistently and profitably on demo accounts; however, when deployed on an IC Markets Raw or Standard live account , it begins generating losses despite what appear to be the same market conditions. At this time, I do not have access to the source code (.mq4/.mq5). I
I need a professional MT5 Expert Advisor (MQL5) for XAU/USD (Gold) only. Requirements: - Symbol: XAU/USD only - Timeframe: H1 trend, M5 entry - Smart Money Concept (SMC) - Liquidity Sweep - Break of Structure (BOS) - Order Block Retest - Confirmation Candle (Engulfing or Pin Bar) - ATR-based Stop Loss - Risk:Reward = 1:3 (adjustable) - Auto Lot (1% risk) - Break Even - Trailing Stop - Maximum 2 trades per day - One
We are looking for an experienced Machine Learning Engineer / Quant Developer to develop a probability-based decision-support model for a discretionary Bitcoin trading system operating on the 5-minute timeframe
Hello, I am looking for an existing, fully backtestable MT5 Expert Advisor or EA portfolio designed specifically for passing an FTMO-style prop-firm evaluation. I am not looking for unrealistic profit claims or a visually perfect backtest. My priority is a statistically defensible probability of passing the challenge while respecting all risk limits. Primary objective The system should be designed for the current
I have a High-Frequency Trading (HFT) Expert Advisor for both MT4 and MT5 designed primarily for US30 (Dow Jones Index) . The EA performs consistently and profitably on demo accounts, but when I run it on an IC Markets Raw or Standard live account, it starts generating losses under what appear to be the same trading conditions. At this time, I cannot provide the source code (.mq4/.mq5). I can only provide the
I need an Expert Advisor for MT5 on XAUUSD 1min timeframe using SMC concepts. STRATEGY RULES: SELL: 1. Identify previous day High/Low as liquidity 2. Entry only during London-NY session: 15:00-19:00 GMT+3 3. If price sweeps previous day High and closes back below it 4. Check for bearish 1min FVG below sweep candle 5. Wait for BOS - lower low 6. Entry: Sell at 50% of the FVG 7. SL: 10 pips above sweep wick 8. TP: 2R
Hello looking for someone to convert an indicator from tradingview to Thinkorswim I have attached the codes from trading view Also, I like make it trigger (alert) a one-time alert when the trend changes, and can also create a custom watchlist column that flags symbols currently in a new trend so you can scan multiple stocks easily. And like the watchlist to show only fresh trend changes or the current trend direction
Hi everyone, I am looking for a commercially available MT5 Expert Advisor for trading Forex or CFD instruments. It does not need to work across every symbol; a system specialized in one or a few suitable Forex pairs, indices, or metals is perfectly acceptable. My main requirements are: Target historical annual return of approximately 10 0–300%+ , depending on the selected risk level Maximum equity drawdown of
Ho everyone I'm looking for an Expert advisors which Will produce at least 100-300% per year on the Forex CFD market. Every operation has ti have TP and SL, the maximum drawdown 20%. It doesn't necessarily have to work on every asset of course. Alright, that's all, let's see of something comes up. Budget is between 50 and 100 usd
i need a binary option trading indicator that does not repaint, i dont care the strategy i just need it to be non repaint . send a test version i will test for 2 days, my budget is $50

Project information

Budget
30+ USD
Deadline
to 3 day(s)