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
Bonjour, je recherche un développeur MQL5 expérimenté pour créer un Expert Advisor pour MetaTrader 5 basé sur une stratégie de trading intégrant des principes de gestion des risques rigoureux et d'intelligence financière. Le robot doit être capable de gérer plusieurs paires de devises et d'optimiser automatiquement les entrées et sorties en fonction de conditions de marché prédéfinies."
MT4/MT5 HFT EA us30 30 - 3000 USD
Hello everybody, I'm looking for an experienced MQL4/MQL5 developer to optimize a High-Frequency Trading (HFT) Expert Advisor for both MT4 and MT5. The EA performs consistently and profitably on demo accounts, but when it is run on Raw and Standard live accounts under what appear to be the same trading conditions, it begins generating losses. I do not have the original source code (.mq4/.mq5); I only have the
Hello All , Please build a MT5 EA that will enter/exit trades on a color change of this particular custom indicator. So It will be like: 1-NON REPAINTING COLOUR confirmed enter buy. 2-NON REPAINTING COLOUR confirmed exit buy and enter sell. 3-NON REPAINTING COLOUR confirmed exit sell and enter buy. The expert must have fixed (example 30 pips) stop loss and spread must be taken into account
I'm looking for an experienced NinjaTrader 8 (C#) developer to build a fully automated futures trading strategy. Please apply only if you have proven experience developing and testing NinjaTrader strategies. Project Overview Develop a fully automated NinjaTrader 8 strategy. Designed for Apex funded and evaluation accounts. Primary instruments: NQ/MNQ Futures (with flexibility to support other futures later). Trading
Hello I need to purchase the source code of an already built profitable mt5 EA with proven track recordIf you have something similar and you are open to selling the source code please apply to this post Please note I am not looking for a dev to build the product from scratch , but need something that is already built and have at least one year worth of track record
I'm looking to passively pass a prop firm challenge (goal 8k limit 3k [1.5k drawdown]) . I prefer it to operate as a cycle trader on the ES or NQ but I am looking for effectiveness over preference. Do you have something like this
Looking for an experienced MQL5 developer to refactor and upgrade an existing Expert Advisor (EA) trading system. Current State: I have the fully working Phase 1 .mq5 source code. However, the execution rules are overly rigid, resulting in missed setups. Scope of Work (Phase 2): Refactor entry logic to support multi-timeframe EMA trend alignment (H4 structural trend + M5/M15 execution EMAs). Upgrade pullback state
GBPUSD Demand & Supply EA 1. Trend Direction 1H timeframe 50 EMA and 200 EMA BUY bias: 50 EMA above 200 EMA SELL bias: 50 EMA below 200 EMA 2. Demand & Supply Zones Identify strong moves away from a base Prefer fresh zones Avoid zones that have already been repeatedly tested 3. Trendlines Use ascending trendlines to support BUY setups Use descending trendlines to support SELL setups Trendline must support the overall
SCALPER EA 30+ USD
the best SCALPER EA THIS ROBOT only takes a winning posetio IT ANALYSIS THE MARKET BEFOR OPENING POSETION AND WAIT FOR A CLEAR SIGNAL LOT SIZE AJUSTEBLE TAKE PROFIT AJUSTBLE
Hi, I’m looking for a developer who can create a trading bot designed to generate a 6% profit. The daily loss limit is 3% and the total loss limit is 8%. So my aim is to have a bot that has a probability of over 75% of reaching the 6% target before hitting the loss limit. I’d like the bot to work on MT5 and TradeLocker, please

Project information

Budget
30+ USD
Deadline
to 3 day(s)