Class-driven Averaging Subroutine - position averaging function, opening positions against the trend

MQL5 Experts

Tâche terminée

Temps d'exécution 43 jours
Commentaires de l'employé
Great customer. Clear instructions. Thanks. Look forward to more jobs in the future.

Spécifications

Develop a class-driven sub-routine that can be implemented in a variety of existing Expert Advisor with minimum complications of integration. It should implement a good OOP concept for reusability and derive sub-mechanisms.

This sub-routine will work on algorithms running on MT5 terminal; we may need to develop an expert advisor opening a long or short position for test. This subroutine purpose is to implement a strategy of averaging down.

This is that we open:

BUY 1 LOT EURUSD at 1.19209

This sub-routine will open automatically

BUY 1.3 LOT EURUSD at 1.19172 with a comment "Level_1"

Resulting on an average price in EURUSD of 1.19195 at 2.30 LOT, so this sub will draw a BLUE line at this average level. RED if SELL position.

Attention: For different LOT of positions, the average price is calculated using a mathematical formula.

Finally, will open automatically if the price continue against:

BUY 1.69 LOT EURUSD at 1.19078 with a comment "Level_2"

This next average level as is not open yet so will draw a line in "Bisque" color with the parameters of the averager sub-routine in this case the LOT factor increases to a 30% or 1.3X and the amount of PIPs in the following format:  1.30X/1.69N/94p indicating the average %, resulting lot size and pips in distance.

If this average level is triggered then the average price of the EURUSD position is 1.19145 at 3.99 LOT.

The PIPs difference between 1.19209 and 1.19172 and the next 1.19145 is provided as a parameter for the sub-routine.

The averager sub-routine will have a maximum amount of positions to open. And a FLOOR parameter that sets the minimum distance, this distance can be set in price or points. If in the example below we set a price floor of 1.19130 the next level provided can not be 1.19145 and will be floored at 1.19130. If we set a points floor of 70 pips the next level can not be 67 pips as provided and will be floored at 70 pips.

The subroutine will increase distance in the same way to increase volume, this is that an increment can be set of a 10% or 1.1X added to the distance provided.

If the instrument maximun volume is 50, and the next average down is 56. We will fraction the order in 50 (the max.) and another position at the same price level at 6, with the same comment. If the broker have a maxium limit of positions and can not open, we will pop-up a message alterting with the limitation of opening new positions. 

Finally, the sub-routine will use a time delay to evaluate if a different distance in pips is supplied.

Inputs:

AveragerFunc(
             bool AverageUSE=true,
             int Distance=1,
             ENUM MinDistType=1, //1-Price, 2-Points
             double MinDistVal=0,
             bool UseCalcDelay=true,
             ENUM CalcDelay=1M, //1M,2M,5M,15M,1H,1D,1W, TF defaults in example
             DistanceFactor=1.1, //points + 10% in this case
             LotsFactor=1.3, //volume + 30% in this case
             MaxOrders=10, //maximum of averaging positions
             string s="Averager " //default comment for opening positions and concatenate
             )

Output of the subroutine will be:
LOTs BUY:        2.3             //actual volume size
LONG Avg:       1.19195       //actual average
LONG N Avg:    1.19145       //next average

The average calculation have to take into account any commission and swap charges in any given period. So if this positions stays for more than a day and a swap is charged, have to be reflected in the resulting average price every day.

Attached an image of the horizontal lines.

Répondu

1
Développeur 1
Évaluation
(27)
Projets
43
7%
Arbitrage
18
6% / 78%
En retard
26
60%
Gratuit
2
Développeur 2
Évaluation
(169)
Projets
204
30%
Arbitrage
25
40% / 44%
En retard
12
6%
Gratuit
Commandes similaires
I am looking for an experienced MQL5 developer or development team to build a scalable Telegram-to-MT5 copy trading system. The main purpose of the system is to monitor trading signals from my Telegram channel and automatically execute those signals on connected client MT5 accounts. Core Requirements Receive and parse trading signals from Telegram Automatically execute trades on connected MT5 accounts Support more
Hi, I’m looking to develop a custom XAUUSD (Gold) trading EA for MT5. I initially wanted to get an EA, but I don’t currently have a specific trading strategy. I would like help developing a suitable strategy from scratch and then converting it into a fully automated MT5 EA. My account size will be around $1,000. I’m interested in a scalping strategy that can trade during both the London and New York sessions. My main
Sami 30+ USD
I've built the bot as a single-page app that runs the three-step workflow you described. Since the page can't pull live broker data, it runs on simulated 5-minute candles or on a CSV you paste in.I've published the trading bot page. I haven't opened or run it, so I can't confirm the logic behaves as intended. It runs on simulated 5-minute candles (or a CSV you paste in) and builds the 4H and 30M charts from them. How
Title: Custom M5 Gold (XAUUSD Cent) Scalper EA with Daily Profit Target and Strict Risk Control 1. OVERVIEW & OBJECTIVE We need an Expert Advisor (EA) developed for MT4 and MT5 to trade XAU/USD Cent (XAUUSDc on HFM / HF Markets). The EA must operate fully autonomously on M5 charts, targeting micro-pips (3 to 5 cent movements) per trade. The core philosophy is "set-and-forget" with absolute risk protection to prevent
Thana ram 30 - 200 USD
Hello, I want to develop a custom MT5 Expert Advisor (EA) for XAUUSD Gold. IMPORTANT: I want a proper rule-based automated trading EA, NOT a martingale, grid or guaranteed-profit bot. 1. MARKET & TIMEFRAME - Platform: MT5 - Symbol: XAUUSD only - Main trend timeframe: M15 - Entry timeframe: M5 - Must support broker suffixes such as XAUUSDm, XAUUSD., etc. 2. TREND RULE BUY trend: - M15 price above EMA 50 - EMA 50 above
Hi, I’m looking for a **ready-made MT5 scalping EA specifically for Gold (XAUUSD)**. My main requirement is an **HTF scalping strategy**, so I’m looking for an existing robot that is already developed and can be tested before I make the purchase. I’m not looking to build one from scratch at this stage. I would like to first test the EA on a **demo account** to see how it performs under live market conditions and
Are you able to build one bot for stock and one for ninja trader and tell me the win rate on it. I need ninja trader bot that enter buy and exit according the move to do not stay long in the market in each entry . That can follow the smart money concept or other if you have a good one
custom color candle logic understand programmer need for this job... first understand logic and interested please message .... 1-candle color green and hh for buy, candle color red ll for sell so candle color and hh or ll must match to place order... below color candle entry logic see in (ea input settings) previous candle (low or high) for stop pending order with some pips high or low in input settings 2-orders
READ CAREFULLY BEFORE APPLY Hi there I am in need of a well automated and reliable ready made expert advisor scalper ea that run perfectly across trending market conditions, I mean a profitable strategy must perform optimally and yield massive trading returns, I am looking forward to validate a well working ea as per my specifications here, you must provide both screenshot and videos of the HFT scalper ea running on
Hi there I need an developer to create a ea for mt5 and mt4 but the ea should be an fast connect ea meaning by taping the ea then automatically it connect to mt5 chart same in mt4 It should place order using invisible buy and invisible sell when the bid price breakout in 1 point Automatically it place an order depends on which direction and invisible stop loss in points , please reply if you can

Informations sur le projet

Budget
150+ USD
Délais
de 1 à 10 jour(s)