trabajo MQL5: 032518 Request

Descripción

Tarea técnica

is modification request is centered around creating "as needed" limit orders created until the desired pips goal "y" is obtain. Meaning,

limit order positions are created until the "y" is obtained.

The opening positions are a limit "buy" position and a limit "sell" position opened "x" pips away from the current price.

Example-1, let's say EUR/USD is currently @ 1.1000 and x=10

A limit buy position will be placed @ 1.1010

-AND-

A limit sell position will be placed @ 1.0990

The closure of these positions is determined by "y".

Example-2, let's say EUR/USD is currently @ 1.1000 and x=10 y=10

A buy limit position will be placed @ 1.1010

-AND-

A sell limit position will be placed @ 1.0990

If the buy position is opened @ 1.1010, then the closure will be 10 pips -- as determined as "y".

In this case, it will be 1.1020 and the position will be closed along with the removal of the sell limit order @ 1.0900 even

though it was never opened.

When a set of limit orders are placed and both the buy and sell orders are opened prior to reaching "y", this is called a "grid lock". Thus, when a "grid lock" happens,

an additional set of limit orders are placed--an additional set of buy and sell limit orders. The placement of the additional set is "x" away from the 1st set of limit orders.

Example-3, let's say x=10 y=10 using Example-1

A buy limit position was placed @ 1.1010 and was opened and did not reach "y"

-AND-

A sell limit position was placed @ 1.0990 and was opened and did not reach "y"

A 2nd set of limit orders are placed "x" away from the 1st set of limit orders. In this case this would be the following:

A buy limit position placed @ 1.1020 since it is "x" away from the 1st buy limit order @ 1.1010.

-AND-

A sell limit position placed @ 1.0980 since it is "x" away from the 1st sell limit order @ 1.0990.

With the limit orders reaching its 2nd set, the "closure" would be determined by "y". Remember "y" is the net positive difference off all present opened position.

Once "y" is achieved, all positions are closed and removed. Thus, ending this cycle.

Example-4

Continuing fomr Example-3

In the 2nd set of limit orders placed, the buy position was opened @ 1.1010 and reached "y". In this case, "y" will be @ 1.1050

sell-1 opened @ 1.0990 closed @ 1.1050 = -60 pips

sell-2 never opened n/a

buy-1 opened @ 1.1010 closed @ 1.1050 = +40 pips

buy-2 opened @ 1.1020 closed @ 1.1050 = +30 pips

----------------------------------------------------------

Sum = +10 pips

y = 10 pips

Once "y" is achieved, the "cycle" starts again in Example-1.

Since the market is the market, the total number of "grid locks" occuring will always change. Thus, the number of sets of limit orders needed to achieve "closure" can vary.

Thus, whenever a "grid lock" happens, an additional set of limit orders is placed.

If after a new set of limit orders is placed and a "grid lock" doesn't occur, then the next focus would be "Y". "Y" is the total sum of all present opened positions.

This is the process of this request. It is as follows:

1. |START|

2. Define "X" and "Y"

3. Place 1st set of limit orders

4. Did Grid Lock occur? Yes or No

5. If No, proceed to "closure" determined by "Y". Cycle Ends. Start over.

6. If Yes, place 2nd set of limit orders. Placement of orders is determined by "X".

7. Did Grid Lock occur? Yes or No

8. If no, proceed to "closure" determined by "Y". Cycle Ends. Start over.

9. If yes, place 3rd set of limit orders. Placement of orders is determined by "X".

10. Did Grid Lock occur? Yes or No.

11. Repeat this process as needed until there is no "Grid Lock" and "Y" is achieved.

In the already provided robot "Montiero_ea" I would like to keep the following variables:

nCycles

Base

Magic

nCycles is number of times you want the robot to complete a closure.

Base is using the balance to determine the number of "lots" for the limit orders.

Magic is the instance number used.

I forsee (as an example) of the following to be the variables|value for this robot request

Variables Value

_1_ __EA Settings__

nCycles Same as Montiero_ea

currencyPair Same as Montiero_ea

Base Same as Montiero_ea

X see example above

Y see example above

Magic Same as Montiero_ea

<END>

If there is any clarification needed on any part of this, please let me know and I will provide greater clarity.

Han respondido

Evaluación

(94)

Proyectos

148

59%

Arbitraje

38% / 13%

Caducado

17%

Libre

Ha publicado: 1 ejemplo

Solicitudes similares

Hello, I am seeking assistance in setting up a trade copier or bridge to facilitate the copying of trades from MetaTrader 5 to the Tradovate platform. I am looking for someone who can help automate my trading process, allowing trades generated by my Expert Advisor in MT5 to be copied to different accounts on Tradovate using their API.Something like in the attached image

📋 Project Description I am looking for an experienced MT5 (MQL5) developer to code a fully automated Expert Advisor for NASDAQ (US100) based on a fixed, rule-based opening range breakout strategy. The strategy is mechanical, uses no discretionary logic, and must be coded exactly as specified below. 🕒 Time & Session Rules Market: NASDAQ (US100) Trading days: Monday–Friday Session open: 9:30 EST EA must convert

I am looking for a professional developer to build a custom trading analysis software for me. This tool is NOT an automated trading bot (EA); it is an analysis dashboard to help me identify high-probability setups based on my strategy. Key Requirements: Multi-Timeframe Analysis: The software should scan 4 different timeframes (M15, M30, H1, H4, D1, WK1, MTH1) and alert me when my conditions are met. Indicator

Looking for an experienced developer to build an AI-driven trading system for MetaTrader 5. Have to finalize the trading logic (market structure, pullback zones, sessions, order-flow confirmation), then build the AI framework to learn from live trade results

hello deeveloper my problem is: I want to copy the trades from a cTrader Strategy Provider (Copy Trading system) to a MT5 Account. At the moment cTrader allow me only the copy the trades from the strategy provider if i allocate funds to a subaccount which cTrader opens for me automatically without account number and without password if i follow the trades from strategy provider. It copies the trades from strategy

I want to add and remove few things in ea need some modification needed in ea developer should have some trading knowledge also to understand the requirement better and have good experience in coding

hello great developer Project Description (What to Post) Develop a TradingView-to-Binance Spot trading bot that executes trades automatically based on Buy and Sell signals from a TradingView indicator. Bot Logic & Requirements: Exchange: Binance Spot Signal Source: TradingView alerts (webhook) Indicator: TonyUX EMA Scalper Order Size: Percentage of available account balance Trade Logic: On Buy signal → open a Buy

hi every one i need to get the source code from this ea for modification in meta trader 4 or meta trader 5. because i need to put in settings the number of open trades , as this is now opening unlimited trades

I am looking to hire an experienced MQL5 developer to build a new MT5 Expert Advisor from scratch. I am currently working on strategy research and backtesting and now need a professional developer to convert my trading logic into a stable and well-structured EA. The EA must be suitable for long-term backtesting and live trading, with proper risk management and adjustable input parameters. Full strategy details and

i have an exper advisor in ex4 ...want to convert it to mq4 or mq5 file this is ea was created thru a programmer and received only ex4 file....that time i was new so did not know about mq4 file. of if anyone can help me to replicate this ea to mq4 or mq5

Información sobre el proyecto

Presupuesto

30+ USD

Calidad de la tarea técnica
Calidad de la verificación de resultados
Disponibilidad y habilidades de comunicación