EA to to enter Hedges at specified Drawdown

MQL4 Experts

Job finished

Execution time 14 days
Feedback from customer
Very happy with Hamed's work. He is a smart coder, good problem solver and even worked to improve the EA beyond my specifications. I'd Highly recommend.

Specification

I leave a number of open and pending orders  on my charts and wanting to have an EA enter offsetting hedges if drawdown reaches a certain defined limit.  Needing it to work on individual pairs and to work with other EA’s.

Drawdown levels can be entered individually for each pair - wanting one display chart showing all pairs and drawdown levels set.

Chart would include:

 

PAIR

BUY LOTS

SELL LOTS

NET LOTS

CURRENT DD

HEDGE 1 DD

HEDGE 2

DD

HEDGE 3 DD – FULL LOCK

EURUSD

0.6

0.4

0.2

1.26

1.5

1.75

2.0

USDCAD

0.2

0.8

-0.6

0.85

0.9

1.0

1.25

EURCAD

0.5

0.3

0.2

2.1

 

 

 

 

Data manually entered would be the final 3 columns.  At each specified Drawdown EA would perform the following:

Hedge 1 – Enter market order of offsetting lots (so sell 0.2 EURUSD and buy 0.6 USDCAD.

Hedge 2 – Enter market order of offsetting lots

Hedge 3 – Enter market order of offsetting lots and close all pending orders

Drawdown calculated on Account Balance.

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Project information

Budget
40 - 60 USD
For the developer
36 - 54 USD
Deadline
from 3 to 7 day(s)