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 need a very accurate MT5 boom and crash indicator which shows when to buy and when to sell with no repaint. The indicator should show with an arrow where to buy for boom just before the spike and sell for crash just before the spike
Description: I need an MQL5 Expert Advisor for Gold (XAUUSD). I am a developer myself — I will read your code and I will know if it is a template. Do not apply if your proposal includes: Generic descriptions ("it will have TP, SL, trailing stop") — I already know that AI-generated code Copy-paste from existing free EAs Apply only if you can answer these before we start: What is the entry logic? Describe the exact
Hi, Im looking to purchase or build an EA that can open many trades or big lot size to churn out IB commission, it doesnt have to be super profitable but will need to have the number of trades on going in order to earn IB commission. If you have any EA or strategy that are gearing towards this, let me know and i would be glad to purchase it
looking for a highly experienced mql5 developer to build a professional trading ea based on multi timeframe top down analysis and market structure concepts the system should combine higher timeframe context with lower timeframe execution and provide both precise logic and clean visual representation on chart ⸻ core requirements • implementation of multi timeframe logic higher timeframe bias combined with lower
I need an Expert Advisor (EA) for XAUUSD using a Grid + Martingale + Hedging strategy. Main features: • Open Buy & Sell at start (hedging) • Grid system with adjustable step (price-based levels) • Lot multiplier (martingale-style) • Fixed TP per trade + basket TP (close all in profit) • Continuous re-entry after TP • Risk management (max trades, max lot, equity stop) Additional requirements: • EA must include access
1. Trade Execution Timing The EA must execute trades exactly at 7:00 PM IST (Indian Standard Time) every trading day. Time conversion must be handled internally if the broker server time differs from IST. Execution should trigger only once per day (no duplicate trades). 2. Trade Type At 7:00 PM IST, the EA must: Open 1 Buy/Sell (Long/Short) position (configurable) 3. Order Execution Method Orders must be placed
I need for an EA for XAUUSD using a grid + Martingle + hedging strategy developer Main features: • Open Buy & Sell at start (hedging) • Grid system with adjustable step (price-based levels) • Lot multiplier (martingale-style) • Fixed TP per trade + basket TP (close all in profit) • Continuous re-entry after TP • Risk management (max trades, max lot, equity stop) EA should be stable, error-free, and work with
Mkiheme elite Bots 50 - 150 USD
I need a fully automated strategies trading futures, that works with pine scripts on tradingview.com . I need a fully automated trading robot designed to generate consistent profits while strictly controlling risk and minimizing losses. The robot should use a combination of strategies, including trend-following, scalping, and price action, and must be able to adapt to different market conditions such as trending and
​Entry Rules: > * Open BUY when a Bullish Fair Value Gap (FVG) forms. ​Open SELL when a Bearish Fair Value Gap (FVG) forms. ​Risk Management: ​Every trade must have a Stop Loss and Take Profit. ​I want to be able to change these numbers in the settings. ​Mobile Features: ​The bot must send a "Push Notification" to my phone app for every trade. ​Assets: ​Must work on WTI Oil and Bitcoin
I am looking for a reliable and well-developed Expert Advisor (EA) that demonstrates low drawdown and consistent profitability on a real trading account . If you have already built such an EA, I would be interested in evaluating it. I would require: Verified backtest results Forward testing performance (demo or real account preferred) Ideally, a live track record (Myfxbook / FXBlue or similar) I am serious about

Informations sur le projet

Budget
55+ USD
Délais
à 14 jour(s)