EA to manage Trailing SL/TP, Partial/Full Closure based on Proportionated ATR Reading

Job finished

Execution time 13 days
Feedback from employee
Very good honest professional.
Feedback from customer
It has been a wonderful experience working with Farrukh. He is diligent and well verse with coding. The end result EA is fantastic! My whole-hearted recommendation.

Specification

Hello Programming Gurus,

Majority of EAs manage Trailing Stop Loss, Trailing Take Profit with pre-set incremental stepping, either in pips or points.

I wish to have an EA that work out incremental Steps based on a ratio applied to the ATR reading taking off a chart on a chosen time frame. 

The zipped PDF file attached herewith explains the requirement in details.

Fee is negotiable, depending how much the EA can achieve.


In brief, the concept and functions are as follows: 

Concept

1. The EA will take the ATR reading (literally, with same decimal places as price)

     of a forex pair at any Time Frame, ie: H1, H4, D1.... etc

2. User sets the multiplicational factors (eg: 1.5, 1, 0.5, 0.75 ... any positive numbers)

     As ratio to be applied onto ATR for respective TPs and SLs.

     eg: A Long trade on AUDUSD, Opening Price [OP] = 0.66000, ATR=0.00500,

           SLi, initial SL to be set at 1.5*ATR away from OP,  

=> 0.66000-1.5*0.00500 = 0.66000-0.00750 = 0.65250

           TP1, [initial] TP to be set at 0.5*ATR from OP,

=> 0.66000+0.5*0.00500 = 0.66000+0.00250 = 0.66250

 3. Stepped increments for SL and TP are also computed in n*ATR.

 

Functions:

-  Trailing Stop Loss/Take Profit/Partial or Full closure of a trade, which are supposed to be placed-order in lots of 5.

-  Trailing incremental steps based on pre-set (adjustable) ratios multiplication factors applied to ATR reading pertinent to a chart.

-  Options to apply to one chart or to all

-  User’s error handling

-  Send alert signal and push notification to mobile metatrader app.

-  Partially interactive. Accept user’s intermediate inputs (change parameter values) without having to reset entire procedure.

-   Multiple retry – in case the change hadn’t get to the broker



Files:

Responded

1
Developer 1
Rating
(349)
Projects
463
51%
Arbitration
41
24% / 49%
Overdue
149
32%
Free
2
Developer 2
Rating
(430)
Projects
606
55%
Arbitration
48
23% / 56%
Overdue
178
29%
Free
3
Developer 3
Rating
(1235)
Projects
2820
80%
Arbitration
156
22% / 43%
Overdue
488
17%
Free
4
Developer 4
Rating
(155)
Projects
224
33%
Arbitration
27
26% / 26%
Overdue
23
10%
Free
5
Developer 5
Rating
(73)
Projects
85
44%
Arbitration
10
40% / 50%
Overdue
9
11%
Free
6
Developer 6
Rating
(356)
Projects
632
26%
Arbitration
89
73% / 13%
Overdue
12
2%
Free
7
Developer 7
Rating
(54)
Projects
53
17%
Arbitration
7
0% / 100%
Overdue
5
9%
Free
8
Developer 8
Rating
(221)
Projects
369
66%
Arbitration
10
50% / 0%
Overdue
46
12%
Free
9
Developer 9
Rating
(196)
Projects
318
35%
Arbitration
64
13% / 56%
Overdue
82
26%
Free
10
Developer 10
Rating
(42)
Projects
70
43%
Arbitration
6
33% / 50%
Overdue
19
27%
Free
11
Developer 11
Rating
(1853)
Projects
3455
88%
Arbitration
73
40% / 15%
Overdue
265
8%
Free
12
Developer 12
Rating
(32)
Projects
41
68%
Arbitration
5
0% / 60%
Overdue
14
34%
Free
13
Developer 13
Rating
(66)
Projects
95
28%
Arbitration
20
25% / 55%
Overdue
24
25%
Free
14
Developer 14
Rating
(277)
Projects
334
55%
Arbitration
14
36% / 29%
Overdue
1
0%
Free
15
Developer 15
Rating
(258)
Projects
395
28%
Arbitration
69
19% / 49%
Overdue
120
30%
Free
Similar orders
hi. I hv a strategy on tradingview need to convert to MT4/MT5 expert advisor for algo trading. would like to add some tradingview strategy setting to the EA(not included in my tradingview code): recalculate after order is filled, order size: xx% of equity
looking for help to get my ibkr automated, i have strategies already built in composer and have JSON for them, i really just need to he setup and explanation on how to maintain it and add new strategies
Specify your Requirements Specification here point by point. Try to describe your requirements briefly and clearly, so that your potential developer is able to correctly assess its complexity and cost, as well as the required execution time. A bad or too generic description will result in your order being ignored, or you will spend a lot of time negotiating the details with each applicant. Remember: It is better to
hey friends, I am looking to build a smart trading robot, for the capital market. He knew how to trade in all the different types of trade. Example - in shares, currencies, index, indices, ETFs, funds, commodities, options, futures and so on. Suitable for trading on all stock exchanges in the world. It will be possible to install the trading robot in the MetaTrader 5 trading software. But it will also be possible to
Using Bollinger Band only. When price closes above upper BB, open Buy. If the length of the candle body that closed above the upper BB is more than Y pips, then do not Buy and remove the EA. Otherwise, continue to open Buy if crosses and close above upper BB and the number of positions is not more than Max No of Positions. The user will choose either Buy or Sell only. When price closes below the lower BB, close all
Hello freelancers here, I need an expert to help me with coding my script which is already working in pinescript, Moreover, i want a system whereby i can sell my trading bot and can give access with a license, I need an expert that can help me with this
Hello freelancers here, I need an expert to help me with coding my script which is already working in pinescript, Moreover, i want a system whereby i can sell my trading bot and can give access with a license, I need an expert that can help me with this, and my budget is $20, Thank you
Hello freelancers here, I need an expert freelancer to help me convert an expert advisor from MT4 to MT5. I have the MT4 source code, As for now i only got $15 for this project i don't have much on me at the moment, So i need someone who can work long terms cause i still have other projects i need him to work on for me
Hi, Do you have an indicator or expert and would like to protect and control it? What you will get protection and control Customer control panel The number of products is unlimited. You can add any number of your own experts and consultations You can give a trial period for your product, for example a week or a month, after which the customer subscribes Monthly, annually, or for life, depending on the customer’s
An EA based on Fibonacci 100 - 750 USD
I am in need of 3 EA based on Fibonacci re-tracement after a high or low is made,each EA will have a hedge trade on it.the hedge trade will be at the 50 percent of the Fibonacci..this will be present on all 3 EA, all three EA will have different levels of re-tracement, while the hedge trade will be a continuation (buy/sell stop), while the re-tracement trades will be (buy/sell limit)This EA must work on timeframe

Project information

Budget
100 - 200 USD
For the developer
90 - 180 USD
Deadline
from 7 to 10 day(s)