Modification to existing EA to add position modification functions

Trabajo finalizado

Plazo de ejecución 7 días

Tarea técnica

The goal of this modification to this EA is to ultimately reduce the size of the losses while increasing the size of the wins. The stop loss is currently set as a function of the ATR, and all position modifications will also be based on the value of the ATR at the moment the initial order is placed. All modifications will go based off this initial ATR value and it will be fixed for the life of the trade. This modification will involve a good amount of position modification during a trade. 

-        When an order is placed the stop loss is automatically calculated and placed at the value of the ATR * 3

-        For losses, once the price has reached 20% of the ATR *3, or is 20% into the loss zone, I want it to take out 20% of the position size.

o    For Example, if the ATR is 10 then when the order is placed the stop loss will automatically be set at 30 pips below the entry price. Say that the initial lot size is 1.0. If after the order is placed it is not winning but is instead loosing, once it reaches a level of 6 pips (20%) below the entry price, I would like it to reduce the position size by 20% as well, so the lot size would now be 0.8. Similarly, once it reaches a level of 12 pips (40%) below the entry price, I would like it to again reduce the size of the position by 20% of the original position size, so now the lot size would be 0.6. I would like this to continue so that if I am stopped out on the trade, by the time it reaches the stop loss it will only be 20% of the original lot size. 

-        If the trade is initially making a loss and the position size is reduced, but then changes direction and reaches the open price of the trade, at break even I want it to add back in everything that it took out so that once it reached the initial entry price the position size is the original size it was when the order was first placed. 

-        I don’t want it to add back in every time a 20% level is reached going up towards the breakeven, that will complicate it, only add back in to make the original lot size one the current price is equal to the entry price. 

o    For Example, if the trade reaches a point where it is 40% of the way to the Stop Loss and has taken out 40% of the position size so the lot size is 0.6 and then returns to the initial entry price of the trade, only once it reaches that initial entry price will the full value of the initial lot size be restored. So once the price reaches the entry price it will then again have a lot size of 1.0. I don’t want it to average down into a loosing trade. 

-        When the trade is in profit I also want it to add into the lot size to increase it as the trade is winning. I want it to add in 20% of the initial lot size up to a maximum of three times. I want the EA to increase the lot size by 20% once a value of the initial ATR*3 is reached, and then another 20% once the value of the ATR*6 is reached, and a final 20% once the value of the ATR*9 is reached.       

o    For Example, when the order is initially placed the ATR is 10 and the lot size is calculated to be 1.0, once the position is 30 pips into the profit zone (ATR*3), then 20% will be added to the lot size, so the new lot size will be 1.2. Then if it keeps going up and reaches 60 pips above the initial entry level (ATR*6) it will again increase the lot size by 20% of the initial lot size, making the lot size now 1.4. Finally, if the trade reaches a point where it is 90 pips above the initial entry price (ATR*9), it would add another 20% of the initial lot size to the current lot size for a final lot side of 1.6. I only want it to add in a maximum of 3 times, not unlimited. 

-        The levels at which the EA will take out or add in money should be automatically set when the trade is first entered based on the ATR and then not change for the life of the trade. For example, if the ATR is 10 when the trade is entered, it should decrease the lot size by 20% at 6 (1/5 of the distance to the stop loss), 12 (2/5 of the distance to the stop loss), 18 (3/5 of the distance to the stop loss),  and 24 (4/5 of the distance to the stop loss), pips into the loss zone and finally be stopped out at 30 pips below the entry price. Also, the EA should increase the lot size by 20% every time it is 30, 60, and 90 pips into the profit, a maximum of 3 times. 

o    If the ATR is 15 when the trade is entered, it should decrease the lot size by 20% at 9, 18, 27, and 36 pips into the loss zone and be stopped out at 45 below the entry price. Also, it should increase the position size by 20% when the levels of the ATR*3 (45), ATR*6, (90), and ATR*9 (135) are reached. 

-        The 20% values should be calculated from the initial lot size when the trade is first entered and not change. If the initial lot size is 1.0 then the 20% will be 0.2 and not change for the life of the trade. If the initial lot size is 5.0 the 20% will be 1.0 and not change for the life of the trade. 

-        Also, in the original version of this EA there is a break even function so that once it reaches a certain level of pips into the profit zone it can no longer lose money. For this, whenever the position size is increased the entry price will also move up a small amount because it is averaging the old entry price with the new one. Please make it so that every time the position is increased the break even line is moved up to 0 with the averaged entry price. 

Han respondido

1
Desarrollador 1
Evaluación
(390)
Proyectos
416
30%
Arbitraje
74
19% / 72%
Caducado
52
13%
Trabaja
2
Desarrollador 2
Evaluación
(332)
Proyectos
485
40%
Arbitraje
82
11% / 63%
Caducado
77
16%
Libre
Ha publicado: 1 ejemplo
3
Desarrollador 3
Evaluación
(115)
Proyectos
129
18%
Arbitraje
11
27% / 55%
Caducado
4
3%
Libre
4
Desarrollador 4
Evaluación
(21)
Proyectos
23
52%
Arbitraje
0
Caducado
2
9%
Libre
5
Desarrollador 5
Evaluación
(16)
Proyectos
17
29%
Arbitraje
1
0% / 100%
Caducado
2
12%
Libre
6
Desarrollador 6
Evaluación
(171)
Proyectos
195
42%
Arbitraje
13
8% / 54%
Caducado
9
5%
Libre
Ha publicado: 3 ejemplos
7
Desarrollador 7
Evaluación
Proyectos
0
0%
Arbitraje
0
Caducado
0
Libre
8
Desarrollador 8
Evaluación
(295)
Proyectos
472
40%
Arbitraje
103
40% / 23%
Caducado
78
17%
Ocupado
Ha publicado: 2 ejemplos
Solicitudes similares
Multi-Slave Inverse Hedging EA with Martingale Grid — MT5 Category: Experts Description: I am looking for an experienced MQL5 developer to build a professional-grade Expert Advisor system called Hedging EA Trader . This is a well-documented project — I have a full 30+ page Software Requirements Specification (SRS) ready to share with the selected developer. System Overview: The EA uses a Master/Slave architecture: 1
I want a modification on my ea . A spread filter or slipage filter such that when the market price is less than 50 point away from the pend order , then ea check the spread if less than the set filter spread. If spread is more than the set spread, the ea will delete the pend order . Secondly , if the broker price is moved or sliped the pending order from the original price it was set by the tolerable slipage distance
Hi, I’m currently looking to purchase a profitable Expert Advisor (EA) for XAUUSD on MT4 and different Symbols . If you have an EA that has consistently been profitable, I’d be interested in purchasing the source code. I would like to backtest the strategy and evaluate it before making any purchases. What I’m ideally looking for: Designed specifically for XAUUSD (MT4) Consistent profitability with solid risk
1. Objective Create an MT5 automation script (or set of scripts) that fully automates my strategy optimization workflow, including: • Batch optimization runs • Automatic filtering of results • Automatic forward testing • Exporting and organizing results into structured files/folders The goal is to reduce manual work and allow one‑click execution of the entire pipeline. 2. Platform & Environment • MetaTrader 5 •
Would it be possible to connect Futures prop firm with Rithmic or Tradeovate platform to Ninjatrader automated trading ? If anyone can do this for me I will be happy to get started with the person right away
hello great developer I want to modify my NT8 indicator to change its arrow printing logic so that arrows appear on the first candled dot, not after the series. no repaint and no back painting. all in real time. This will help me get timely signals. Scope of work - Modify NT8 indicator logic to print arrows on the first candled dot. - Ensure arrow print matches 90%+ accuracy compared to the current functionality. -
Saya ingin dibuatkan Expert Advisor untuk MetaTrader 5 berbasis strategi EMA 50/200 + Breakout 20 candle dengan sistem risk percentage otomatis. EA harus memiliki fitur ATR stop loss, trailing stop, break even, max spread filter, dan daily loss limit. Dilarang menggunakan martingale, grid, atau averaging. Target RR minimal 1:2 dan drawdown di bawah 20%
I am building a professional-grade survival EA for USDJPY designed to: Repeatedly pass FTMO-style challenges Sustain long-term funded accounts Deploy safely across multiple prop accounts This is not a retail scalper. This is a controlled EMA pullback engine with strict risk governance and anti-correlation logic . All parameters must be configurable. Defaults must match exactly as listed. Core Strategy – EMA Pullback
I’m after someone to make me a forex ex for meta trader 5 it will be trading GBPUSD only but having to align with EURUSD and rules and entry’s based off weekly and daily vwap with 20 EMA
Key Requirements: ​ Zone Detection: The EA must read "Weak Support/Resistance" zones generated by my indicator (I will provide the .mq4/ex4 file). ​ Execution Logic: - Identify the candle with the longest wick within the detected liquidity zone. ​Place a Pending Order (Buy Stop/Sell Stop) 20 points (2 pips) before the breakout level of that wick. ​ Trade Management: ​Fixed SL: 40 points (4 pips). ​Fixed TP: 40 points

Información sobre el proyecto

Presupuesto
30 - 80 USD
Plazo límite de ejecución
a 3 día(s)