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
Take an existing Grid Trading EA that I currently have for MT4 and either modify it or recreate it. Delete everything below where it says " Trend Filters " Add: The ability for the EA to increase the lot size by a specific amount ( .01 or .02 or .03, ect. ) each time it adds a new position long or short Add: A profit target for the EA to reach when it will close out of all positions and start trading again or other
I have an existing MT5 Expert Advisor for XAUUSD M5. This is NOT a new robot from zero. I need modification and professional review of an existing MQL5 EA. Main goals: 1. Buy entries: Buy trades are currently too rare. The Buy ADX filter was very strict at 45. I am testing 40 now. I need you to review the Buy entry filters and improve Buy entry quality without making entries random or weak. 2. Sell entries: Sell
into Robotrader to begin: Create a fully automated Forex trading robot named Quantum Scalper. The robot must scan XAU/USD, EUR/USD, GBP/USD, USD/JPY, and NAS100 continuously. It must determine the higher-timeframe trend using H1, identify setups on M15, and execute entries on M5 or M1. Use a conservative Smart Money Concepts strategy requiring all of the following before entering a trade: market structure
Hello, i have created mt4 ea for gold but i need a skilled programmer who can polish my ea and make it real market ready with his skill and experience
I am looking for an experienced MQL5 developer to build a professional MetaTrader 5 (MT5) Expert Advisor (EA) for swing trading. Trading Pairs EUR/USD USD/JPY Timeframes Daily (D1) for trend identification. H4 for trade entries. Strategy The EA should: Detect Daily market structure (HH, HL, LH, LL) using confirmed swing highs and lows (not relying solely on ZigZag). Use DMI/ADX for trend confirmation. Open trades
JOB TITLE: XAUUSD ONLY MQL5 Strategy Developer Needed To Improve Existing MT5 EA Winrate JOB DESCRIPTION: I already have a working MetaTrader 5 Expert Advisor with a fixed set file and existing trading logic. The strategy is based on Volume Profile / Delta bias, ATR-based TP/SL, ATR deviation filtering, ATR trade spacing, break-even after TP1, and TP lock management. I am looking for an experienced MQL5 / trading
English Description (For Developers): I need a custom Expert Advisor (EA) for MT5 to trade ONLY ETHUSD based on trend-following and counter-trendline breakout-retest with an M1 execution filter and strict risk management. Trading Logic: 1. Trend Filter: Price must be below 200 EMA on both H1 and M15 timeframes for Short (Sell) trades. (Opposite for Long/Buy trades). 2. Setup: On the M15 chart, after a strong move in
Hello, I want an EA which does martingale and has hedge feature. You may be confused by what this mean entirely so reach out to me so we can talk in depth as what I have said here is very vague for someone to clearly understand. I am not paying a single dollar over $30, so don't apply if you don't agree with that. Thank you for taking your time to read this
أحتاج إلى مستشار خبير لمنصة MetaTrader 5 (MT5) مصمم كآلة حالة محدودة (FSM). يجب أن ينفذ أوامر السوق فقط بناءً على مستويات أسعار يحددها المستخدم. يجب ألا يستخدم أي مؤشرات أو تحليل فني أو أوامر معلقة أو ذكاء اصطناعي أو قرارات تداول تلقائية. يجب أن ينفذ المستشار الخبير ببساطة تسلسلًا محددًا مسبقًا لمستويات الأسعار كما يحددها المستخدم تمامًا، مع إدارة دقيقة للحالة، ودورة نشطة واحدة في كل مرة، ومعالجة الفجوات السعرية،
Message me please for the investor login. You will replicate the ea and I shall tell u some things about it, I am not paying over $100. You should have great skills. The EA can handle any market and shall not blow the account

Project information

Budget
30+ USD
Deadline
to 3 day(s)