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

Use the H4 timeframe to determine the main trend direction. Identify valid order blocks on the H1 timeframe. Identify liquidity zones and liquidity sweeps. Wait for M15 confirmation before opening a trade. Only take buy trades in bullish market conditions and sell trades in bearish market conditions. Risk a fixed percentage of account balance per trade (user adjustable). Automatically calculate lot size based on

I need someone to make an EA that is a HFT that actually works for prop firm or live accounts. Prop firm would be most preferred but it has to be from a prop firm that will allow HFT

I need an MT5 Indicator that DOES NOT open trades automatically. Its purpose is to analyze the market and send me a notification whenever all the conditions of my strategy are met. INDICATORS USED - RSI (14) - SMA (100) - Volume - H4 Support Detection CONDITIONS 1. RSI on M15 - RSI (14) must be equal to or below 30. 2. RSI on H1 - RSI (14) must be equal to or below 35. 3. SMA 100 - Use a Simple Moving Average (SMA)

If Buy: it must Buy when a conformation is done Bye the candle that would be a bullish engolfing candle or after liqudity swip or when sellers has stepped down the market and the market regains energy and trand upwards, it's stop loss must be below the Buy position and it's take profit must be at the top of all candles

i am looking to upgrade my trading telegram bot and add live data to it and also make it linked to a dashboard where i can trace the users who register in my bot and pay and make them go in my private channel and manages the expiry date of each user

Title: MT4 One Click Trader EA (Custom Development) I am looking for an experienced MQL4 developer to build a custom One Click Trader Expert Advisor for MetaTrader 4. The objective is a fast, reliable, execution-focused trading panel with minimal visual clutter and robust operation on both standard and offline charts. Requirements Trade Panel The EA must provide a simple trading panel containing: Buy button Sell

I need a well experience programmer that can make a copy my better volume indicator from mt4 to pine scripts.I want to be able to use this indicator on tradingview

Read signal and enter trade and close trade at good profits and open trade again. Either bullish or bearish signals at 0.1 on XAUUSD. Maximum trade a day should be 4-5 times with good opens and close signals. Looking foward to a long cooperation and also a honest and genuine person

Hello, I need a professional MT5 Expert Advisor (EA) developed for a custom indicator-based strategy. Strategy Logic: Determine the trend direction: Uptrend = Buy opportunities only. Downtrend = Sell opportunities only. Entry Conditions: The indicator has 4 lines: 2 Green lines, 1 Red line, and 1 Blue line. Open a Buy trade when both Green lines move inside/between the Red and Blue lines during an uptrend. Open a

I am looking for an MT5 Expert Advisor specifically designed to help meet common prop-firm evaluation requirements while prioritizing consistency, low drawdown, and strong risk management. The EA should use a robust trend-following and market structure-based strategy with multi-timeframe confirmation, momentum filtering, and optional news filtering to avoid low-quality trades. It must include configurable risk

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