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
EA Development Request I need an EA with this logic: Detect channels / wedges / triangles Entry: Reversal at channel edge + engulfing candle Breakout of pattern Timeframe: M5 / M15 / M30 (scalping) SL/TP: Fibonacci or fixed pips (settings) Filters: Trend (H1/H4) Spread Time filter Settings: Lot size / risk % Enable/disable modes Max trades Requirements: Must work on XAUUSD No repaint Fast execution Send your proposal
I need a smart and profitable DCA or Martingale robot that can trade from 10,000 to 1 million cents with good profit. Please send me an ex5 demo so I can test it. It needs to be compatible with 2-digit or 3-digit brokers by default. Source code will be provided upon completion
Specification I need a mt5 Expert advisor EA to manage intraday trades with strict risk management. The EA must -Handle between 5 to 8 clean trades a day max altogether throughout all 3 sessions. no big news trading times and no overnight trades -Use 1 % on forex pairs and up to 2% on XAUUSD risk per trade - Automatically calculate lot size based on stop loss -use fixed RR ratio [1:2] For forex pairs
The Expert Advisor (EA) must work with any custom indicator that provides Buy and Sell signals through buffers. The EA should read signals from the indicator and execute trades according to the defined rules. The EA must be universal and able to work with different indicators as long as they provide signal buffers. I will share the rest of the details with you shortly
I have an existing TradingView Pine Script. I will provide the Pine Script source code after agreement. Goal: Convert the logic into MT5 (MQL5) and build an EA. Phase 1: Create MT5 indicator that matches TradingView signals (M15 only) Phase 2: Build EA with strict execution rules: max 4 trades total one trade per symbol gold lot limit (max 0.02 total) reversal logic (close then open opposite) no re-entry after manual
Requirements 1.Robot for Entry and Exit rules as per my indicators. 2.Back testing which can work on all time frames. 3.A system which i can modify later on as well according to my studies
I have been working on an EA that is based on Ichimoku cloud and SMC internal blocks for stop loss. ENTRY BUGS: 1. I have entries issues with the chenkou and price action. It is entering trades when chenkou is poking through the kumo. This shouldn't happen. There should be a candle close with chenkou above kumo or below. 2. Another entry issue with other criteria for tenkan and price action also these entries are
MT5 Dual-Account Hedge Synchronization EA I need an Expert Advisor for MetaTrader 5 that runs on two trading accounts (same broker, same VPS). The EA must work in a bidirectional way (both accounts run the same EA). Core Functionality: - Detect when a trade is closed using OnTradeTransaction() - Capture: symbol, closed volume, account ID, timestamp - Send this data to the other account via a shared local file On
Labouchere System has many series and blank series and can transfer the Units to any other Series when needed . The coders who really knows this cancellation sytem can apply. No indicator or chart issues , but it has many mathematical functions and calculations
Hello, I need a clear, professional, and strictly rule-based MT5 Expert Advisor. Please follow the specification below exactly as written, without adding extra logic, extra indicators, or personal modifications unless I ask for them later. The goal is to build a universal EA that can work with any custom indicator that provides signals through buffers. PROJECT TITLE Universal Indicator EA for MT5 1) GENERAL IDEA The

Informations sur le projet

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