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
I need a professional MT5 Expert Advisor (fully automated trading robot) for scalping on M1 timeframe. 1. General Requirements Platform: MetaTrader 5 Type: Fully automated EA (no manual confirmation) Timeframe: M1 only Symbols: XAUUSD, BTCUSD, USDCAD Must support running on multiple charts simultaneously Clean, optimized, and low-latency execution logic 2. Strategy Logic (Scalping Model) The EA should use: Trend +
The indicator a bit inverted. But it doesn’t matter to me as long as the winrate make sense for investment. For brief details regarding the indicator. What should have been a sell, i inverted it into buy with sl and tp swapped(only change the name of sl and tp for visualisation , but the code still on right tp and sl) . And in script ive inverted the signal command code. But the trouble is the tp and sl cant be
All other Necessary filters already coded , Mostly it is referring to another expert copy pasting . Live Chart Optimization . Optimization from Signal Trigger Point . Apply to stay ahead . While applying please explain the correct trailing stop loss for value gap entries
Patrick 30 - 200 USD
//+------------------------------------------------------------------+ //| EURUSD Daily Strategy EA | //+------------------------------------------------------------------+ extern int MA_Fast = 50; extern int MA_Slow = 200; extern int RSI_Period = 14; extern double RiskReward = 2.0; extern double StopLossMultiplier = 1.5; void OnTick() { if (TimeCurrent() != iTime(NULL, PERIOD_D1, 0)) return;
I would like to create a robot with the smart money concepts, that integrates order block,FVG,supply & demand ,read the market structure,liquidity and also trade with the session and also after a liquidity sweep a market structure is needed to verify the reversal and a retracement to the order block and sometimes fair value Gap
Joker poverty scalper 40 - 100 USD
the joker poverty scalper is the power full robort it can analyse in just 1 minutes it is good for beginner traders you can even make 5000$ in just an week or two.. the best thing to do is to buy joker and make life easy with your own copy of joker .in order to be rich you need the joker to help you with your success in life even in future THE JOKER POVERT SCALPER
I’m looking to acquire an existing, profitable Expert Advisor (EA) with full source code to add to our client investment portfolio. To be clear, this is not a request to develop or design a new strategy. If you already have an EA that is proven, consistent, and production-ready, I’m open to reviewing it immediately. Please apply only if you meet all the requirements below. Submissions without a proper introduction or
Project Scope Development of a fully automated, conservative, institutional-style Expert Advisor for MT5 trading XAUUSD, designed with strict capital preservation and mathematically structured risk management. • Symbol input will be fully configurable to support broker-specific suffixes/prefixes (example: XAUUSD.a, XAUUSDm) and automatically adapt to different digit formats. Core Strategy Logic • Higher-timeframe
I can Program or do any Developing for you for MQL5 or 4 I can work 1 - 5 days deposit is required before im doing anything for both our safety as these work takes a lot of time and energy inbox me and we can discuss the job im reliable and trustworthy looking forward to working with you
Se requiere de un programador para modificar asesor experto de estrategia de ruptura. El EA realiza operaciones por quiebre de rango pero por operaciones de Orden de Mercado ( Ejecuta una operación de compra o venta inmediatamente al precio actual del mercado) y requiero cambiarlo a que realice operaciones de Orden P extremos. Adicional, requiere que se realice un filtro para entrar de nuevo al mercado en caso de

Informations sur le projet

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