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

Trailing Stop Based on Thresholds . Other Necessary Filters already Coded . Live Chart Only . The strategy already coded - needs a fresh new draft . To Start from Signal Trigger

Sure 😊 — here’s a simple file-style write-up about your robot that you ordered on MetaTrader 4. You can copy it into Word or save it as a document. Title: My Trading Robot on MetaTrader 4 Introduction I recently ordered a trading robot on MetaTrader 4 to help me trade in the financial markets. A trading robot, also known as an Expert Advisor (EA), is a program that automatically analyzes the market and places trades

I am looking for a partner to invest in a Forex robot. The robot works well in the live market and has a very good profit. A friend who has a large capital, please send a message for cooperation

I am looking for a professional MQL5 developer to build a structured MT5 Expert Advisor. This is NOT a martingale or high-risk grid bot. Platform: • MT5 only (MQL5 source code required) Symbols: • XAUUSD • GBPUSD • GBPJPY Timeframe: • M5 Risk Management: • Adjustable risk per trade (default 0.5% equity) • Daily drawdown protection (max 3%, auto-lock trading for the day) • Maximum 2 open trades • Minimum 120 seconds

hello great developer ’m looking for an experienced NinjaTrader developer to help set up software on my VPS, create custom chart templates with multiple indicators, and build an arbitrage dashboard/trade copier system. The project includes multi-account management and integration with Bookmap. I need a custom dashboard to monitor and control multiple accounts efficiently. Please message me if you have strong

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. - Adjust the indicator to

What informtion would you need for Ninjatrader futures automated trading and how long would it take ? if anyone can give me answer i will be happy to discuss more about the project thanks fill free to bid to the project thanks

Hello, I need a MetaTrader 5 manual trading assistant panel (NOT an auto trading EA). MAIN IDEA This tool should work like the TradingView long/short position tool inside MT5. Trader workflow: 1) Enter Risk % 2) Enter RR ratio 3) Click SET ENTRY 4) Drag Stop Loss line on chart 5) Lot size and Take Profit calculate automatically 6) Press BUY or SELL to execute trade No trailing stop, no breakeven, no automatic trade

Hello I'm looking to develop an Expert Advisor (EA) based on my existing indicator EA that uses TrendX600 on the 1-minute timeframe. My objective is to create a scalping bot that can successfully capture one box (60-second candle movement) at a time. If the EA can consistently capture one clean 60-second box without spikes, and repeat this process 4 to 5 times within 24 hours, that would meet my trading goal. To work

I have an existing MT4 MACD Convergence\Divergence indicator that I would like converted to a MT5 expert that will execute orders once a trigger is met. The existing indicator draws lines on the chart and provides a MACD indicator window. At a minimum I would like the existing MT4 indicator convert to a MT5 indicator

Información sobre el proyecto

Presupuesto

30+ USD

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