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
Pro bot 35 - 200 USD
Should be able to trade for me when I need to trade and make few or no loses.should help me trade profitably while on the chart.Tge more profits,the more we play
The bot must be able to identify market structure ( trending , ranging and REVERSAL). Support and resistance breakout with a lot of volume and pullback to the key level and wait for confirmation to enter the trade. Only trades NY session. Uses proper risk management with SL (10 pips) and TP( 30 pips). The bot will only use the 5min timeframe for market structure and executing trades, incase of ranging it enters buys
Hello team..... It is my first time to be here and to order, so if I am not doing right please advise me, I am very teachable and good listener. I am here to order EA with a name given HouseXplore FxPro EA 4.0v. The EA can use the attached indicators to work but I will explain how. I attached 1. Bykov Trend Signal Arrows and the EA should use this indicator to open trades but Imputs on the TrendAlert indicator should
Looking for an MQL5 developer for ongoing work EAs + TradingView indicators (Gold, Silver, BTCUSD) Hey, I'm a trading content creator/influencer with an active community, and I need EAs I can offer to my audience. Not a one off gig looking to build a long-term working relationship with someone who's actually solid at this. What I need: Automated trading EAs (scalp or intraday style) for Gold, Silver, and BTCUSD
Greetings, I need a Telegram copier bot that reads Telegram signal messages i share in my channel and executes the corresponding trades. If you already have an existing, operational tool of this nature, please share the relevant particulars (supported signal formats, execution/confirmation logic, risk controls, and error/failure handling), together with any verifiable performance evidence. If not i can share the
Swing Breaks & AMD Expert Advisor The Swing Breaks & AMD Expert Advisor is an automated trading system designed around two core market-structure concepts: Swing Breaks and the AMD (Accumulation, Manipulation, Distribution) model . The EA is designed to analyze price action, identify meaningful swing structures, detect potential breaks of those structures, and evaluate the surrounding market behavior for possible AMD
Hi, I am looking for a profitable bot based on grid and recovery strategy for stable currency pairs like eurusd, gbpusd, audusd etc not for volatile pairs like gold (xauusd). My reuirements:- 1) make atleast 20 to 30 dollars of profit 2) life time license 3) adjustable lot size, adjustable spread, adjustable dollar stop loss 4) run on any number of account 5) bug support if not works well in future. 6) source code
I want to build a diversified portfolio of algorithmic trading EAs for MT5 , designed specifically for long-term use with prop firms. The objective is not to find one extremely profitable EA . The objective is to build multiple independent strategies that produce a smoother combined equity curve, low portfolio drawdown, and consistent returns across different market conditions. Primary Portfolio Objectives Design
I'm looking for a swing trading EA that takes 1-3 trades / week, holds these positions from a few days up to about 1.5 weeks. Symbol : any Strategy : any Timeframe : any Platform : MT4 only The catch : you would need to come up with the STRATEGY AND do the CODING The must have's : c onstant monthly returns, low drawdown I will backtest the trial version of your .ex4 file for 20+ years with 99.9% tick data accuracy
Hi, I am looking for a trainer/developer who can teach me MQL5 and python scripting to develop my own profitable EA. If any one interested please let me know and share the course details along with the fees

Informations sur le projet

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