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
AI Stategy: 1.Trend identify by MA(perid 21,50, 100 customiseable) If Market above MA treated up trend If Market down MA trated down trend Above pictue shown as example Entry for uptrend buy & down trend sell Conditions for Sell entry with down trend Condition 1:Previous candle H1time bearish candle must Condition 2: 2 or more bulish candle then 1 bearish candle with 5 minit time frame ABOVE PICTURE SHOWN
Automatically placed at the swing high or swing low of the last 3 closed candles. Take Profit Calculation: Automatically calculated at a fixed 1:2 Risk-to-Reward ratio based on the Stop Loss distance. Spread Filter: The bot must check that the current spread is below Max_Spread_Pips before entry. PART 4: TIME FILTERING & AUTOMATION The bot must stop opening new entries on Friday afternoon. At Friday_AutoClose_Time
# H4 Zone Retest EA (MQL5) An automated trading Expert Advisor (EA) for MetaTrader 5, developed in MQL5. The EA trades gold (XAUUSD) using a multi-timeframe breakout and retest strategy: it defines the first H4 candle of each day as a trading zone, detects breakouts on the M5 chart, waits for a retest, and executes trades with risk management, trailing stops, and optional news filtering. --- ## Features - H4 → M5
so copy trading system Create an EA-based copy trading system in English. It should support copying trades between accounts reliably and in real time. The system should include essential broker-side functions such as market orders, stop orders, limit orders, limit offset, SL/TP handling, order modification, and cancellation . The code should be clean, simplified, and production-ready
🔍 Strategy Logic 📌 Indicators Used 21 EMA RSI (Upper Level: 61, Lower Level: 39 – Customizable) 📈 Buy Side Setup (Long Entry) Step 1 – Trend Confirmation A Green candle must close above 21 EMA. Step 2 – Pattern Formation After the green candle, observe next 4 candles. At least one Red candle must form (opposite candle). That Red candle must also close above EMA. Step 3 – Key Level Marking Mark the High of the Red
Dear Developer, I am looking to hire an experienced Meta Trader4 and 5 (MQL5) Expert Advisor developer to build a custom Expert Advisor for XAUUSD (Gold). This project is based on a structured swing trading system using market structure analysis and multi-timeframe confirmation. PROJECT OVERVIEW The Expert Advisor must be designed to trade XAUUSD using the following multi-timeframe approach: • Daily (D1): Optional
Requirements Specification: Custom Trading Robot (Expert Advisor) I am looking for a qualified developer to design and build a fully automated trading robot (Expert Advisor). The system should be reliable, beginner-friendly, and capable of running with minimal manual input once installed. 1. General Purpose The robot should automatically analyze the market and execute trades. It must work on MetaTrader 4 or
Hi, I need a professional MetaTrader 5 Expert Advisor (Pure MQL5, no Python) with a built-in GUI panel and ultra-fast OnTick execution. The strategy is based only on the last two digits after the decimal point and must work in real time with high accuracy. ### Main Requirements * Pure MQL5 Expert Advisor. * Real-time OnTick processing. * Support XAUUSD and any MT5 symbol. * No fixed price levels; price must be
I am looking for an experienced MQL5 developer to build a robust, high performance Expert advisor (EA) designed specifically for passing and managing funded accounts.The primary focus is to make some good money and also focus on risk management, consistent equity growth
Expert Advisor (EA) Requirements – MT5 (MQL5) Project Overview Develop an automated Expert Advisor (EA) for MetaTrader 5 based on EMA crossover signals combined with strict risk management and trade management principles. The EA must be optimized for Forex pairs and indices and should operate automatically without manual intervention. Entry Conditions Buy Setup Fast EMA crosses above Slow EMA. Current candle closes

Informations sur le projet

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