Hedge trading with recovery

MQL5 Experts

Tâche terminée

Temps d'exécution 6 jours
Commentaires de l'employé
Perfect!
Commentaires du client
Fast development with great results. Thank you again.

Spécifications

Developing an EA for MT5 platform to start the trades with random entry for an initial group of sell and buy orders per specified by the user (mainly forex pairs and gold, but not limited). Simultaneously, the EA also open the corresponding hedge positions, called hedged group. EA assigns an initial profit target based on the account currency (say $10 USD or per user specified) applicable for the initial group and the hedged group. EA would monitor the equity of the initial group and the hedged group, separately. 

Practically, either of the group should reach the initial profit target within a certain time. If either group reached the initial profit target and was closed, then the other group shall remain in drawdown and floating in the market. EA to assign a recovery profit target (e.g. $2 USD or per user specified) and wait the remaining group to reach that recovery profit target, closing the trades and starting a new trading cycle. 

If the remaining group went into deeper drawdown, EA would still monitor the drawdown until it reaches a certain drawdown value in USD (say $-20 USD or per user specified and name this as the recovery step). Hence, EA will open the 1st recovery group that has the same position as the remaining group that stay in drawdown. EA would monitor the total equity of the system (by magic number) to close all the trades if the system reaches the recovery profit target. 

Otherwise, if the trades weren't closed and went into even deeper drawdown until reach the secondary recovery step ($-20 USD*2 = $-40 USD). EA will open the 2nd recovery group with the same position as the 1st recovery group. Similarly, EA would monitor the total equity of the system (by magic number) to close all the trades until the system reaches the recovery profit target (same at $2 USD).  

User could define how many recovery groups would like to implement. 
EA has to be able to work with any broker and attached on any chart and any time frame. 
EA to provide the start and end time control for initial trade, trade info such as magic number, equity of each group, number of executed recovery, total system equity, the initial TP, recovery TP, recovery step etc. 

Hopefully, this make sense. Let me know if you are interested and would like to discuss further. Thank you. 

Répondu

1
Développeur 1
Évaluation
(169)
Projets
204
30%
Arbitrage
25
40% / 44%
En retard
12
6%
Gratuit
2
Développeur 2
Évaluation
(19)
Projets
35
26%
Arbitrage
10
30% / 70%
En retard
5
14%
Gratuit
Commandes similaires
I am interested in purchasing a highly profitable Expert Advisor (EA in MQL4 / MQL5) with a focus on achieving a high Profit Factor and Recovery Factor while maintaining a low Drawdown. I require an EA that not only performs well in backtesting but also has a verifiable track record of success in live trading. Key Criteria: Profitability Metrics: The EA should demonstrate a high Profit Factor and Recovery Factor
I'm not here to waste somebody time also mine should not be wasted provide if you got what I want real profitable high frequency EA Send the backteing results picture then demo EA test on demo account for at least two days
Requirement Specification: Market Structure: Identify Trend on 1H/30M using BOS and CHOCH. Entry Logic: Wait for 50% Fibonacci Retracement into an Order Block (OB) or Fair Value Gap (FVG). Execution: On 5M/15M timeframe, execute trade only if a confirmation pattern forms at the zone. Patterns Required: Bullish/Bearish Engulfing, Morning/Evening Star, Inverse Bullish/Bearish Engulfing (Liquidity Sweeps), and Bearish
I am looking for a scalping EA based on daily VWAP for intraday trading. initiate buy when above VWAP and initiate sell below VWAP. it should have proper risk to reward
Hello, im offering my Flip EA as a service. Real numbers. Live account. No BS. Verified Stats (live MT5): • Growth: +78–81% in days • Max Drawdown: 3.05% only • Best trade: +6,872% profit on single position Runs fully automated on XAUUSD 24/5. Small account friendly – built for fast, aggressive flipping with tight risk control. Tell me your capital, I’ll tell you what’s realistic
I am looking for an experienced MQL5 developer to build a fully automated trading bot (Expert Advisor) for MetaTrader 5 . The bot will focus on trend-following scalping and must be designed to trade XAUUSD and BTC on the M1 timeframe . The objective is to create a stable and efficient EA that can open multiple trades per day while managing risk using proper stop-loss, take-profit, and trailing stop
martingale base on each position close. eg: open a position with TP set at $100 and trail SL . if this position hit trail SL i lose $50 then the next position will open target at $150 profit. entry price base on from lower and up by XXX% then can open position i want to choose only buy or sell position. example this chart i only want buy position
I have a specific channel need to copy and modify signal from that channel. It will buy and sell from signal and modify based on signal. I’ll add few more functions in the ea
[Automatic Level Detection Group] - Enable Auto Detection: Yes/No - Number of Levels Required: (Number) 3-5 - Lookback Bars: (Number) 100-200 - Minimum Touches for Strong Level: (Number) 2 - Use Zig Zag Algorithm: Yes/No - Use Level Clustering: Yes/No - Max Cluster Distance (points): (Number) [Display and Drawing Group] - Resistance Line Color: (Color) - Support Line Color: (Color) - Show Info Labels: Yes/No - Lines
Hello, I am searching a good programmed to convert EA from mql5 into pinescript and DX TRADE made automatisation. Source of code required. Budget is negotiable. Thanks for attention and have a nice day

Informations sur le projet

Budget
55+ USD
Délais
à 14 jour(s)