trabajo MQL5: Drawdown protection EA using hedge needed

Trabajo finalizado

Plazo de ejecución 13 días

Comentario del Cliente

It was great to work with Shahzad

Comentario del Ejecutor

Good customer

Descripción

Tarea técnica

The drawdown protection EA(DDP) will open a position(position_DD) when the tracked trade(trade_EA) made by another EA goes beyond the drawdown% threshold. when the trade_EA is closed by other EA or drawdawn% threshold is no longer being crossed by position_DD and position_DD is in the positive, at that point position_DD will be closed. The purpose of DDP is to protect the account from sudden and/or prolonged periods of large drawdown.

DDR will have the following behaviors:

1. Each instance of DDP will track particular trades opened by another EA based on the "EA magic number"(tracked_magic_number) and "currency pair"(tracked_trade_currency) parameters.

2. The chart the instance of DDP is open in will be the pair DDP uses in the hedge position.

3. DDP will protect from drawdown occurring in trade_EA in a particular direction, long or short,

based on two parameters: trade_EA_long and trade_EA_short, please see 3.1 - 3.4.

3.1. if both parameters are set to True DDP will track both long and short position made by other EA.

3.2. If trade_EA_long=True and trade_EA_short=False, DDP will only track long trades made by other EA that go into negative and cross the drawdown threshold.

3.3. If trade_EA_long=False and trade_EA_short=True, DDP will only track short trades made by other EA that go into negative and cross the drawdown threshold.

3.4. If trade_EA_long=False and trade_EA_short=False, DDP will not track any trades made by the other EA or open any new position_DD's. If position_DD or multiple positions_DD is/are already open it/they will continue to be managed by DDP as normal.

4. The direction of position_DD(hedge position) will be determined by 2 parameters: position_DD_long and position_DD_short, please see 4.1 - 4.4.

4.1. If both parameters are set to True, then position_DD will be in the opposite direction of trade_EA.

4.2. If position_DD_long=True and position_DD_short=False, DDP can only open long positions when trade_EA goes beyond the drawdown threshold.

4.3. If position_DD_long=False and position_DD_short=True, DDP can only open short positions when trade_EA goes beyond the drawdown threshold.

4.4. If position_DD_long=False and position_DD_short=False, DDP will not open any new positions in any direction. Any already open position_DD will be closed, all position opened by DDP will be closed.

5. The position_DD size will be determined using "position_multiplier" parameter, please see 5.1 - 5.3.

5.1. if "position_multiplier it is set to 1(default), the size of position_DD will equal that of trade_EA,

5.2. if the parameter is set to 1.25, then position_DD will be 25% larger than trade_EA.

5.3. if for example the parameter is set to 0.5 then position_DD size will be 50%/half of the size of trade_EA.

6. DDP must immediately close position_DD if trade_EA is closed by user or other EA or if the drawdown of trade_EA is below drawdown threshold and trade is in a positive direction. There may be multiple trade_EA being tracked and the management of each one must comply with the rules stated.

7. Position_DD must not be allowed to go into high drawdown at any point, the moment position_DD is opened a stop loss will be used, to determine the location of the stop loss the parameter "position_max_drawdown" will be used, this parameter is the maximum drawdown allowed for all position_DD's.

8. Position_DD will have in the comment section the order number for trade_EA in the folowing format: "Order: <Order number>", to allow behavior corroboration using trade history.

9. DDP will be able to track multiple trades opened by other EA, and apply rules discussed above to each position_DD.

10. Source code for the DDP should be provided once completed.

Han respondido

Evaluación

(365)

Proyectos

412

36%

Arbitraje

26% / 57%

Caducado

15%

Libre

Evaluación

(2)

Proyectos

Arbitraje

0% / 50%

Caducado

20%

Libre

Solicitudes similares

Hello, I am looking for an experienced MQL5 developer to create a professional, reliable, fully customizable Expert Advisor (EA) and trading signal system for MetaTrader 5. 1. Supported Markets The EA must support: Gold (XAUUSD) Silver (XAGUSD) Nasdaq 100 (NAS100/US100) Forex currency pairs Bitcoin (BTCUSD) It must work with MT5 brokers, including Tickmill, where these instruments are available. 2. Two Trading Modes

Entry Strategy: Explain exact conditions for opening a trade specific indicators like Moving Averages or RSI, time of day, or price action rules. Exit Strategy: Define when a trade should closeTake Profit, Stop Loss, Trailing Stop, or indicator signals. Daily Trading Rules: Specify daily limits if applicable maximum trades per day, specific trading hours, or maximum daily loss limit. Risk & Position Sizing: Indicate

Request for an Existing Automated Trading System (Expert Advisor) I am looking to acquire an existing, fully functional Expert Advisor (EA) that trades Forex CFDs, with the option of trading other CFDs if the strategy supports them safely. Performance objectives Target average net monthly return: 1.5%. A consistent 1.0% monthly return may be considered if the system demonstrates strong risk control and credible

Hi All, I am looking for a bot EA which makes good profit. If any having please share it for TEST. After proper TESTING only I will make the payment, no cheating no fraud. Please do not waste the time also

Allow me to set the daily trading bias manually to BUY or SELL. Check my defined 4H and 1H trend-alignment conditions. Execute entries based on my 15-minute pullback and continuation rules. Trade only between 06:00 and 16:00 Nigeria time, Monday to Friday. Calculate lot size based on my chosen risk percentage and stop-loss distance. Automatically place stop-loss and take-profit orders. Enforce my daily trade limits

Hi, I’m looking for a **ready-made MT5 scalping EA specifically for Gold (XAUUSD)**. My main requirement is an **HTF scalping strategy**, so I’m looking for an existing robot that is already developed and can be tested before I make the purchase. I’m not looking to build one from scratch at this stage. I would like to first test the EA on a **demo account** to see how it performs under live market conditions and

I would like an EA that implements the strategy below: 1. It requires a 6 EMA, 18EMA, 50EMA and 200SMA 2. Trend filter: 50 is above 200 for a buy. 50 below 200 for a sell 3. FOR A BUY: After candle close, if 6 has crossed above 18 and trend filter is a buy: a. if the last candle was a pin bar (body is less than 50% of candle size, and upper wick is less than 10% of candle size) b. check if the candle is within 10

Are you able to build one bot for stock and one for ninja trader and tell me the win rate on it. I need ninja trader bot that enter buy and exit according the move to do not stay long in the market in each entry . That can follow the smart money concept or other if you have a good one

Hi there I need an developer to create a ea for mt5 and mt4 but the ea should be an fast connect ea meaning by taping the ea then automatically it connect to mt5 chart same in mt4 It should place order using invisible buy and invisible sell when the bid price breakout in 1 point Automatically it place an order depends on which direction and invisible stop loss in points , please reply if you can

Información sobre el proyecto

Presupuesto

30 - 80 USD

Plazo límite de ejecución

de 7 a 20 día(s)

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