Grid | Hedge | Martingale with TrailingStop

MQL5 Experts Forex

Spécifications

Hi! Below is the explanation of the EA together with an example in image. I attached a TrailingStop and TrailingStep code as references that I have been using on another EA. The PDF file contains the same description, but with some expected inputs as example.


Explanation:

1) The EA strategy is summarized in opening up to 20 multiple positions according to each range of points reached in the opposite direction of the operation (Grid when activated by bool input), and closing with profits according to the values ​​of Trailing Stop / Trailing Step.


2) The lot of each position (1st to 20th) will be different and should be informed in the input (20 lots inputs)

 

3) The interval /range in points to open the next grid position must be informed in the input, and it will be different for each position (20 interval inputs)

 

4) The exit of a position with a profit will occur through the “TrailingStopProfit” with “TrailingStepProfit”, which will be activated with each new position of the grid as soon as the current price (long position example) is above the sum of the calculation:

a) "Average Price / Breakeven*" of the operation +

b) a value in pips informed in the input called "ProfitZone" +

c) the sum of the entry and exit commissions so far according to the lots (commission amount per 1 lot will be entered via input to be calculated by the EA).

 

5) Aiming to reduce the risk, I must inform from which position I want to exit with less profit (“StartSecureZoneAtPosition”). In the chosen position of this input and next positions of this grid the exit will be through value of “TrailingStopSecure” with “TrailingStepSecure”, which will be activated when the current price (long position example) is above the sum of the calculation:

a) "Average Price / Breakeven*" of the operation +

b) a value in pips informed in the input called "SecureZone" +

c) the sum of the entry and exit commissions so far according to the lots.

 

6) Date / Time Filter: It must be possible to specify the days of the week and time to make the entries, for example: Monday to Thursday from 2AM to 8PM (“EachDay” at those times – bool option) or Monday from 2AM to Thursday 8PM (“NonStopDay” bool option). To avoid having an open position on the weekend, if there is a trade in progress and the option (input bool) "ForceCloseAll" is "true", all paper trades must be closed at once at the specified time and day (Ex : ForceCloseAllDay = "Friday"; ForceCloseAllHour = 9)

 

7) Spread filter: maximum spread in pips (“MaxSpread”) acceptable to open the first position.

 

8) As for the entry of operations, that is, the 1st trade, it can be done in two ways:

 

a) By the Expert Advisor:

BUY: The closing of the previous candle is greater than the maximum of the last N candles (“Ncandles”).

SELL: The previous close is less than the minimum of the last N candles (“Ncandles”).

or

b) Manually:

With the EA active on the chart, I will add a pending order on the paper with the initial batch (One click trading or other method), and as soon as the order is executed the robot will follow up with the trailing for profit or grid for the next order ( 2nd) and others.

 

9) The robot can be used on assets/currencies with different decimal places (such as EURUSD “1.45120”, USDJPY “115.120” and assets without decimal places “265”).

 

10) If the operation reaches position 20, trades must be closed at the loss as soon as it reaches the next range specified in the input (Position 20 + “Range21Close”).

 

11) A “Complete Operation” means a trade that has been completed by Trailing (profit), or a trade that is closed with a loss after position 20. Only one “Complete Operation” must be allowed at a time. Example: The EA is on the Grid in the 5th position and a new buy / sell condition is reached by the indicator. This trade should not be executed, since there is already an “Operation” in progress.

 

12) The file provided must be open source (mq5) so that I can make changes in the future and add more positions in the grid if necessary.

 

13) When “true” (will open a maximum of 2 positions of the Grid): the position will maintain the profit rules (item #4), but will close after reach “Range3_or_StopLoss” points. That is, instead of opening the 3rd position, it will close all positions.

 

*Average Price/Breakeven: The average price of all current Grid operations where the balance of the operation is $ 0. For example:

1 Lot at $50

2 Lots at $100

5 Lots at R$150

Median Price is (1x$50 + 2x100 + 5x150) / (1+2+5) = $125 .

If possible, I would like to see the line of “Median Price” on chart. Please tell me if this won’t be possible.


Répondu

1
Développeur 1
Évaluation
(23)
Projets
45
20%
Arbitrage
25
28% / 48%
En retard
12
27%
Gratuit
2
Développeur 2
Évaluation
(4)
Projets
6
33%
Arbitrage
3
0% / 100%
En retard
0
Gratuit
3
Développeur 3
Évaluation
(8)
Projets
10
40%
Arbitrage
0
En retard
0
Gratuit
Commandes similaires
Metafix 50 - 200 USD
Here is a professional specification you can send directly to your developer. # Project Requirements Specification: MetaTrader 5 Trading Robot Development ### 1. Project Overview I want to develop an automated Forex trading robot (Expert Advisor) for MetaTrader 5 (MT5). The robot should analyse the financial markets, identify trading opportunities, and execute trades automatically based on predefined strategies. ###
1. Platform: MT4 The EA required is not linked, neither depending on trading strategy nor trading signals nor indicators. 2. Initial order is a pending order (buy stop/ sell stop) and it is created manually. It is open for a specified symbol (pair) at a specified price with a specified S/L 3. Example: buy stop 0.1 lot GBPUSD @ 1.3085 WITH S/L @1.3075 Once target price is reached, pending order will
Overview: Build an MT5 Expert Advisor that receives webhook alerts from TradingView (RayAlgo indicator) across three timeframes ( H1, M5, M1 ) for XAUUSD and executes a dual-position strategy when all three conditions align, including strict FTMO server-request limits and automated pre-market-close trade closures. 1. Webhook Receiver & Multi-Timeframe State Logic: H1 Bias State: Updates to BULLISH or BEARISH upon
I am looking for an experienced trading software developer interested in building a long-term working relationship. Im a professional Trader, Coach and Mentor, I work with traders and Student who require customized trading solutions, including automated trading bots, Expert Advisors, custom indicators, trading strategies and other algorithmic trading tools. I am looking for a technically skilled developer who can
Salman serhal 30 - 100 USD
MT5 ICT XAUUSD Sell-Only Trading Robot with Fibonacci Confirmation I am looking for an experienced MQL5 developer to create a custom Expert Advisor (EA) for MetaTrader 5, specifically for trading Gold (XAUUSD). 1. Trading Strategy The robot must use the ICT trading methodology and focus on SELL trades only. The strategy should include: * Identify important resistance and premium zones. * Use Fibonacci retracement
Objective: I am looking for an experienced MQL5 quantitative developer to code an Expert Advisor (EA) from scratch based on a fully defined, rule-based strategy, and then rigorously validate, optimize, and stress-test it before I deploy it on a live VPS environment. Note: The exact mathematical rules, indicator names, and chart screenshots will be shared privately with shortlisted candidates. Strategy Overview
Hi Team We are looking to commission an Expert Advisor (EA) for MetaTrader 5 (MT5) to trade XAUUSD (Gold) . The EA requires tight risk management with a strict $2.00 Stop Loss and a $3.00 to $5.00 Take Profit target. The goal is to achieve a 60%+ Win Rate . Please propose or implement a strategy algorithm capable of meeting the following performance requirements on XAUUSD tick data: Target Performance: $\ge 60\%$ Win
O Trading Ventures 30 - 2000 USD
a trading bot that can open and close trade by its self a stop loss of 1.2 lot size and good tp it should be able to learn trends and learn from its mistakes
Smc 50 - 200 USD
Title: Professional MT5 XAUUSD Multi-Strategy Expert Advisor Developer Needed I am looking for an experienced MQL5 developer to build or improve a fully automated MT5 Expert Advisor for XAUUSD on an Exness hedging account. Requirements: - Five independent trading engines: Rapid, Scalping, Sniper, Trend and Reversal. - Advanced SMC/ICT market structure, liquidity, BOS, CHoCH, order blocks and FVG analysis. - Multiple
Custom MT5 Expert Advisor – Developer Specification 1. Project Objective Develop a fully autonomous, custom MetaTrader 5 Expert Advisor (EA) using native MQL5. The EA must independently analyze financial markets, generate its own trading signals, evaluate opportunities, execute trades, and manage open positions without requiring an external signal provider, another trading bot, or manual intervention. The EA must

Informations sur le projet

Budget
30 - 45 USD
Délais
de 1 à 15 jour(s)