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 trade NAS 100 using Harmonic Patterns. I want to create a MT5 EA to trade based on this indicator: https://www.mql5.com/en/market/product/78325?source=Site +Market+MT5+Indicator+Search+Rating006%3abasic+harmonic+patterns I want the EA to have the same take profit levels as indicator: TP1, TP2, TP3 (select in inputs which TP to use). The EA should also use the same Stop Loss as indicator, with the option to adjust
I am looking for a professional and market-savvy MQL developer to build a disciplined, stable Scalping Expert Advisor (EA). The ideal developer must have a solid understanding of Trend Identification, Fibonacci Levels, and Technical Indicators , alongside strict risk management implementation. Key Focus Areas & Developer Requirements: Market & Analysis Expertise: ⚬ Deep understanding of Trend direction (Market
LUCK 30+ USD
I want to work for me and make alot of money for me when. I want a trade bot on my mt5 .and show me all the thing's i want to see on my mt5 account
NYC 30+ USD
I need a ready-made professional trading EA similar to my current scalping bot, but improved for consistent profit and better risk control. Requirements: - Works on XAUUSD (M5 timeframe) - Fixed lot option (start with 0.01) - Opens only one trade at a time (no multiple positions) - Small, fast entries (scalping style) - Better risk-reward (SL must NOT be bigger than TP) - Breakeven function - Trailing stop to secure
Looking for an experienced MQL4 developer to restore functionality for an MT4 Expert Advisor I've used for 3 years. The software is showing a startup validation error, and I cannot reach the original developer. I'll provide all necessary files and proof of ownership. I don't have the code source just the .ex4 file. Scope of work: - Diagnose the startup validation error of the Expert Advisor - Restore normal
profitable EAs wanted with at least 3 to 5 years backtest. you be submit your proofs such as graphic results, backtesting results, and your demo or weekly the eas has traded
Fvg order 50 - 300 USD
Strategy Objective Create a disciplined, rules‑driven trading framework that identifies high‑probability reversals during the Asia session by leveraging levels formed in the final hours of New York. The goal is consistent execution, controlled risk, and scalable automation. Core Approach Track and define the key price extremes set during late New York trading. Monitor Asia session behavior for liquidity sweeps beyond
Requirements Specification GoldV16 V0 – MT5 XAUUSD Netting EA 1. Platform: - MetaTrader 5 - MQL5 - XAUUSD - NETTING account 2. Position rule: - Only ONE XAUUSD position may be open at any time. - Fixed lot only. - No Martingale. - No automatic lot increase. 3. Stop Loss: - Stop Loss must be sent immediately when a trade opens. - Default SL distance: 1.00 USD in gold price. - SL distance must be adjustable in Inputs
MQL5 developer needed to code a macro-driven gold trading Expert Advisor for MetaTrader. Body: We have a documented macro-driven trading strategy for gold that needs to be converted into a working MetaTrader Expert Advisor. Experience integrating external data sources, such as economic calendar events or interest rate and dollar index data, into MQL5 is required. An N.D.A. must be signed before strategy details are
I’m looking for an experienced MQL5 developer to create an MT5 EA similar to Iron Range, mainly for BTCUSD. It should use a range-based entry strategy, support market and pending orders, fixed-lot and percentage-risk sizing, stop loss, take profit, break-even, trailing stop, spread protection, and daily loss or drawdown limits. It should also work with different brokers and include adjustable settings for

Project information

Budget
30+ USD
Deadline
to 3 day(s)