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
Forex robot 30+ USD
Hello… need an MT5 expert advisor that scans up to five user-selected symbols for bullish and bearish engulfing patterns on a chosen timeframe, displays a signal dashboard with pattern strength scores, and automatically enters trades with risk-based lot sizing, fixed stop-loss and take-profit tied to the engulfing candle’s high or low
Mt5 ea 30+ USD
I have a fast execution ea that need a little touch, it trade on gold and my problem is about the risk ratio the tp is 3pip and stop loss 20 but i cannot get it right to make the average win larger and average loss lower. I would like to know if i can get help to get it right without touching the tragedy and the trade frequency. Those two pictures I attached is the example of what my bot actually do like i explained
Requirements Specification Here is an example of Requirements Specification for the development of the MACD Sample Expert Advisor, which is available in the MetaTrader 5 standard package. 1. The idea of the trading system is as follows : market entries are performed when MACD's main and signal lines intersect in the current trend direction . 2. Trend is determined based on the Exponential Moving Average with
REWARD! 35 - 200 USD
I will pay you a REWARD, if you find / create an EA that fits ALL the below criteria! Platform : MT4 Timeframe : doesn’t matter Pair : doesn’t matter Strategy : doesn’t matter Drawdown : no more than 25% Return : minimum 5%, every month Lot sizing : dynamic lots I will backtest the EA with 99.9% tick data accuracy for a period of 20+ years . If the EA can produce minimum 5% returns EVERY MONTH over 20 YEARS with less
Hello, I am looking for someone to Run and Monitor the EA and Signals in the account. Should be able to monitor daily and fix any issue in the signal Copying and EA running. The Settings and configuration to be checked and updated periodically. Should be available to report and update on daily basis. Tell me the cost and your previous experience for the same. Thanks
Looking for an Experienced MQL4/MQL5 Developer to Build a Professional Scalping Expert Advisor (EA) I am looking for an experienced MQL4/MQL5 developer to build a professional Expert Advisor (EA) for MetaTrader 4 or MetaTrader 5 from scratch. My goal is to develop a high-quality scalping system with strong risk management and long-term profitability potential. I am not looking for unrealistic promises or "100%
void OnTick() { // Check if we already have an open trade if(OrdersTotal() == 0) { // Get the value of a 14-period Moving Average double ma = iMA(Symbol(), 0, 14, 0, MODE_SMA, PRICE_CLOSE, 0); // Basic Condition: If current close price moves above the MA, buy if(Close[0] > ma) { int ticket = OrderSend(Symbol(), OP_BUY, 0.1, Ask, 3, 0, 0, "My First Bot", 0, 0, clrGreen); } } }
Recently I have backtested more than 100 EAs and I have come to a conclusion that in the long-term all of them produce catastrophic results. I used 99.9% data quality and whenever possible decades of data. In the short-term almost all of them can have nice gains. But there is hardly any EA that could survive even just 3-5 years, let alone decades ! This got me thinking: if almost all EAs are unfit for long-term
I am looking for an experienced MQL5 developer to convert a TradingView indicator into an MT5 indicator. The objective is to recreate the TradingView indicator in MQL5 so that it produces the same calculations, plots, values, and signals as closely as possible. Requirements: Convert the TradingView Pine Script into an MT5 indicator (.mq5). Ensure the MT5 version matches the TradingView version as accurately as
Hello, I want a simple bot for NinjaTrader8. I need a bot that operates automatically on Nasdaq (NQ/MNQ). Requirements: open buys and sells following a simple trend strategy, configurable stop loss and take profit, risk per trade of 1 to 2% of capital, if it loses 3% in a day, stop trading until the next day. Compatible with backtesting, delivery of the source code and the working bot in NinjaTrader 8. My initial

Informations sur le projet

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