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This EA will have 3 functions:
Copy/Hedging EA between two accounts running on the same machine, like negative copying. So ideally this works with Master/Slave if you place an order to BUY 1 Lot of EURUSD on the Master then the EA will SELL 1 Lot of EURUSD on the Slave and when the position is closed on the Master it will automatically close on the Slave
found some existing straight copier EA that might help to be a base:
https://www.mql5.com/en/code/14085
https://www.mql5.com/en/code/38998
https://www.mql5.com/en/code/32614
Sizing:
User has 2 input parameters to indicate that the trade can (gain / loose) the max_risk_percentage and the input_bips so the EA should calculate the appropriate Lot size in a reverse manner
ex:
Account Size = $10,000
input max_risk_percentage = 0.5%
input input_bips = 15 bips
result:
If Maximum risk is $50 in 15 bips then lot size should be $50 / 0.0015 / 100,000 (standard lot size) = 0.33333 Lots
Signal:
will be a separate function that will generate BUy / Sell Orders for now you may keep it random
Order Doublling:
System should run with one order at a time with the aim at making a profit for the master at all times with a provision of doubling down at every loss up to a maximum of 5 trades per day.
first trade risk max_risk_percentage - if profitable then next trade will have the same risk, if it lost money next trade will double the risk.. etc...
look forward to your bids
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