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 a professional and market-savvy MQL developer to build a disciplined, stable Scalping Expert Advisor (EA). The ideal developer must have a solid understanding of Trend Identification, Fibonacci Levels, and Technical Indicators , alongside strict risk management implementation. Key Focus Areas & Developer Requirements: Market & Analysis Expertise: ⚬ Deep understanding of Trend direction (Market
LUCK 30+ USD
I want to work for me and make alot of money for me when. I want a trade bot on my mt5 .and show me all the thing's i want to see on my mt5 account
NYC 30+ USD
I need a ready-made professional trading EA similar to my current scalping bot, but improved for consistent profit and better risk control. Requirements: - Works on XAUUSD (M5 timeframe) - Fixed lot option (start with 0.01) - Opens only one trade at a time (no multiple positions) - Small, fast entries (scalping style) - Better risk-reward (SL must NOT be bigger than TP) - Breakeven function - Trailing stop to secure
Looking for an experienced MQL4 developer to restore functionality for an MT4 Expert Advisor I've used for 3 years. The software is showing a startup validation error, and I cannot reach the original developer. I'll provide all necessary files and proof of ownership. I don't have the code source just the .ex4 file. Scope of work: - Diagnose the startup validation error of the Expert Advisor - Restore normal
profitable EAs wanted with at least 3 to 5 years backtest. you be submit your proofs such as graphic results, backtesting results, and your demo or weekly the eas has traded
Fvg order 50 - 300 USD
Strategy Objective Create a disciplined, rules‑driven trading framework that identifies high‑probability reversals during the Asia session by leveraging levels formed in the final hours of New York. The goal is consistent execution, controlled risk, and scalable automation. Core Approach Track and define the key price extremes set during late New York trading. Monitor Asia session behavior for liquidity sweeps beyond
Requirements Specification GoldV16 V0 – MT5 XAUUSD Netting EA 1. Platform: - MetaTrader 5 - MQL5 - XAUUSD - NETTING account 2. Position rule: - Only ONE XAUUSD position may be open at any time. - Fixed lot only. - No Martingale. - No automatic lot increase. 3. Stop Loss: - Stop Loss must be sent immediately when a trade opens. - Default SL distance: 1.00 USD in gold price. - SL distance must be adjustable in Inputs
MQL5 developer needed to code a macro-driven gold trading Expert Advisor for MetaTrader. Body: We have a documented macro-driven trading strategy for gold that needs to be converted into a working MetaTrader Expert Advisor. Experience integrating external data sources, such as economic calendar events or interest rate and dollar index data, into MQL5 is required. An N.D.A. must be signed before strategy details are
I’m looking for an experienced MQL5 developer to create an MT5 EA similar to Iron Range, mainly for BTCUSD. It should use a range-based entry strategy, support market and pending orders, fixed-lot and percentage-risk sizing, stop loss, take profit, break-even, trailing stop, spread protection, and daily loss or drawdown limits. It should also work with different brokers and include adjustable settings for
MACD + EMA 30 - 100 USD
J’ai fais un indicateur tradingview que j’aimerai adapter à MT5. celui ci indique une flèche pour des achats ou des ventes lorsque le prix atteint un niveau tracé auparavant par l’indicateur également. Les conditions sont les suivantes : timeframe 1 minute Buy Stop / Sell Stop sur le niveau tracé. SL placé sur la EMA 21 au moment du du déclenchement de l’ordre avec possibilité de le modifier. Le TP à 1.5R

Informations sur le projet

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