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

looking for an experienced MQL5 developer to build an automated Expert Advisor (EA) integrating an AI-based decision logic.The system should operate across multiple financial markets (Forex, indices, gold, crypto if possible) and dynamically adapt to market conditions.I also expect the developer to propose the best possible architecture for the system, including AI approach, data handling, execution logic, and risk

OBJETIVO Criar um Expert Advisor MT5 profissional para XAUUSD focado em: Consistência Baixo drawdown Scalping profissional Proteção da conta Crescimento sustentável Compatibilidade com conta micro e prop firms NÃO utilizar: Martingale Grid Hedge agressivo Recovery system Multiplicação de lotes após perda --- ATIVO XAUUSD apenas --- TIMEFRAMES Timeframe principal M5 Confirmação tendência M15 Confirmação macro opcional

I need a very advanced and intelligent MT5 Expert Advisor coded in MQL5 for XAUUSD, based on ICT + CRT + Smart Money Concepts. The goal is not a simple robot, but a professional decision-making system with strong filters, risk control, and high-quality trade selection. The EA must include: 1. Multi-Timeframe Analysis - D1 / H4 / H1 bias - M15 / M5 entry confirmation - Bullish or bearish market structure - BOS, CHoCH

Intraday Trade Ninja EA — Complete Logic Structure This document maps the full architecture, execution logic, signal flow, trade management, and safety structure of the Intraday Trade Ninja MT4 Expert Advisor. 1. Core Indicators · ©Price Border (TMA bands) · MA-X Arrows · MA-Y Arrows · LeManSignal · EMA 49 & 89 - Per Candle Color Switching 2. EA Entry Architecture ·

Hi Developers, I am looking for an experienced MT4/MT5 EA developer to create an Expert Advisor based on my custom indicator along with a Trend Magic confirmation filter. I will provide: Raw Pine Script of my custom indicator Pine Script of Trend Magic indicator Important Note: My existing indicator requires slight correction/refinement because it occasionally fails to identify the required candle accurately

I have a 90% completed project with the execution part left to complete, I have been struggling to complete this section and I need help from someone expert in MQL5 with knowledge on forex trading and ICT Concepts coding. Contact me for further details

The Relative Strength Index (RSI) is a technical momentum indicator measuring the speed and change of price movements, scaled from 0 to 100 to identify overbought (>70) or oversold (<30) conditions. Developed by J. Welles Wilder Jr., it helps traders spot potential trend reversals or corrections.Imagine a stock, XYZ, is trending upwards.Overbought Signal: The price increases sharply, and the RSI rises to 75. This

Close Vol (%N): Closes half (or any percentage you want) of the lot size of your open positions. For example, if you have five open orders of 0.06 lots and want to close half of each, you simply click it, and it will close the specified volume from each individual order. Close Order (%N): Closes half (or any amount you want) of the total number of your open orders. For example, if you have ten open orders and want to

I need a professional MQL5 developer to build a fully automated Expert Advisor (EA) named " Hassanien Daily Breakout ". The EA is based on daily price levels and specific execution times. Technical Specifications: Time Settings (Iraq Time - GMT+3): Execution Time: 10:00 AM. Full Clean-up Time: 10:50 PM (Close all open positions and delete pending orders). Entry Logic: Case 1 (Pending Orders): At 10:00 AM

📌 Project Overview: I need a full Smart Trade Management System for MetaTrader 4/5. This is a complete trading ecosystem, not a simple EA. 📌 Core Features: Smart Money Management (risk-based lot calculation) Advanced Trading Toolbox (TradingView-style drawing tools) Central Master Dashboard (risk, filters, account control) Multi-account monitoring (MT4/MT5 synchronization) Real-time monitoring (spread, equity

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