Drawdown protection EA using hedge needed

MQL4 Asesores Expertos Fórex

Trabajo finalizado

Plazo de ejecución 13 días
Comentario del Ejecutor
Good customer
Comentario del Cliente
It was great to work with Shahzad

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

1
Desarrollador 1
Evaluación
(365)
Proyectos
412
36%
Arbitraje
35
26% / 57%
Caducado
63
15%
Libre
2
Desarrollador 2
Evaluación
(2)
Proyectos
5
0%
Arbitraje
2
0% / 50%
Caducado
1
20%
Libre
Solicitudes similares
Phixfx 30 - 150 USD
Project Brief: Multi-Asset EA/Indicator Optimization, Debugging, and Futures Strategy Refinement ​1. Project Overview & Objective ​I am looking for an experienced algorithmic developer to inspect, debug, optimize, and enhance an existing automated trading system. The system combines custom indicators and execution logic across Forex and Futures markets. ​The primary goals of this project are: ​Debug existing logic
​I am looking for an experienced MQL5 developer to build a fully automated MetaTrader 5 Expert Advisor (EA) optimized primarily for XAUUSD (Gold), featuring a clean Tkinter-style telemetry dashboard control concept or customizable input parameters. ​1. Core Strategy Rules (Full-Body Engulfing) ​Signal Identification: The EA must scan completed candles across multiple selectable timeframes (e.g., 1M, 5M, 15M, 30M, 1H)
I need an experienced MQL5 developer to create a semi-automated trade execution assistant for MetaTrader 5. Please read before applying: I only want developers who have already built a similar project at least once (a trading panel with trade management). If you have done it before, attach screenshots or links of the MT5 panels or dashboards you made. If you have never built something like this, or you cannot show
I am commissioning the development and reverse-engineering of a commercial-grade, multi-strategy quantitative trading portfolio modeled on proven institutional frameworks (Reference methodology: https://whop.com/the-agent-algo/products/ ). The goal is to develop a standalone, fully owned commercial trading system covering Nasdaq (NQ) and Gold (XAUUSD) with an integrated licensing engine ready for commercial
Exir AI 30 - 200 USD
I need an experienced MQL5 developer to build a custom AI-assisted Expert Advisor (EA) for MetaTrader 5. The EA will run on a live MT5 account with Tickmill and must support Forex and Crypto CFDs. Required instruments: - EURUSD - GBPUSD - USDJPY - XAUUSD - BTCUSD - ETHUSD Required timeframes: - M5, M15, and M30 Trading logic: - M30 determines the overall trend. - M15 identifies entry zones, support/resistance, and
Hello, I am an independent developer selling an Expert Advisor (EA) on the MQL5 Market. I am looking for an experienced Forex affiliate marketing company or professional marketer to promote my existing MT5 trading robot to customers worldwide. My proposed partnership offers a 35% commission per verified sale, with the possibility of a long-term collaboration. I would like to know: Do you promote third-party MT5
USD54 Applications The bot should open trades when the price breaks out of the band by a specified percentage, for example, 0.10%. If the price breaks above the band, the bot should open a long position. If the price breaks below the band, it should open a short position. The bot should also open trades when the price touches a band: Bullish band cross: When a bullish cross occurs between the bands, the bot should
#property strict #property version "1.00" #property description "EMA Trend + Pullback + Engulfing EA" // Include the standard MT5 trade library. #include <Trade/Trade.mqh> CTrade trade; //============================================================== // INPUT SETTINGS //============================================================== // Trend indicators input int FastEMA = 20; input int SlowEMA = 50; // Pullback
Best trader robot 499 - 550 USD
Objective: Develop a robust and highly profitable Expert Advisor (EA) for MetaTrader based on a precise custom trading strategy to achieve a high win rate. ​ Instrument & Timeframe: XAUUSD (Gold), optimized for M5 / M15 timeframes. ​ Entry Strategy: Open Buy/Sell orders based on strict confirmation signals (e.g., Moving Average crossover combined with Price Action or RSI threshold). ​ Lot Size & Risk Management
Titolo: Cerco sviluppatore per EA su XAUUSD M1 per conto reale Cerco uno sviluppatore MQL5 per creare un Expert Advisor per MetaTrader 5 su XAUUSD M1, da utilizzare su conto reale con deposito iniziale di 100–200 €. La strategia prevede un Buy Stop a 1,00 sopra l’Ask e un Sell Stop a 1,00 sotto il Bid, entrambi con stop loss iniziale di 1,00 e senza take profit fisso. I pendenti devono restare fermi: quando uno viene

Información sobre el proyecto

Presupuesto
30 - 80 USD
Plazo límite de ejecución
de 7 a 20 día(s)