Upgrading Recovery of my EA

MQL4 Experts

Job finished

Execution time 12 days
Feedback from employee
Very good communication. Thank you for the job :)
Feedback from customer
it's great to work with Donald, higly recommended, will come back for more

Specification

Hello,


I’m looking for a coder with experience in recovery/hedging who will upgrade my existing EA.


Part#1

Improvement of the feature called „HoldLoserMins“, 

works like this so far: After the appropriate minutes have been reached, the trade is closed.


As a new I would like to have the choice whether the trade is closed after the appropriate minutes are reached or whether a Recovery Trade is started (Recovery Trades are already programmed and are working, so it should be easy to implement trade on recovery)

When minutes are set to zero the feature should be not active.


Part#2

Having a feature „SuspendTradingOnRecovery“. When „false“ and a buy/sell signal is triggered then new trades will open regardless if recovery is running after the appropriate minutes under „AddEntryIntervall“ is reached. However, this feature is not working and I would like to have it running.

During the recovery period, the EA should run as usual and open trades when buy or sell signals are triggered. When a new trade turns out to be a loser too another recovery is starting after a certain count of pips or minutes. See attached pic.



Part#3

The EA already has a built in recovery system. The recovery trade will start after a certain count of negative pips or minutes and will open the next recovery trade when the count of negative pips is hit again, and so on. When the market doesn’t turn it can crash the account :-(


My idea is to implement a hedging system that will freeze the loser trade and open the recovery trade through sell stop or buy stop depending how the market is going. 


Or if you already have another idea, let me know, I’m open for alternatives.


Part#4

errors in compilation need to be fixed


Feel free to get in touch for questions


Kind regards

Frank


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