MT5 EA that buys and sells based on UT Bot Alerts Indicator

MQL5 Esperti

Specifiche

Hi,

The entry signals for this EA will be generated based on the UT Bot alers indicator from Tradingview.

There is always a max of 1 trade open at the same time (per pair where the EA is running on. It is perfectly possible to attach the EA to multiple charts and have multiple trades open for different pairs)

What makes this EA different is the advanced risk management that comes with it.

We will be able to increase the risk of the next trade after a lost trade. Also the RR ratio can be increased after a (number of) lost trade(s).

The EA will have a small on-screen trade panel with a manual BUY/SELL buton where a trade will be opened with SL/TP settings as programmed in the settings. The trade panel will also have a simple button where we can choose to open new trades or not. (trading enabled/disabled) When we disable trading while we are in a martingale sequence, the sequence will not be broken.

Risk management will contain:

- Calculate lot size from risk % (depending on x pips SL)
- Increase risk % of next trade after loss(es)
- Increase RR ratio of next trade after loss(es)
- Trailing stop
- Calculate SL based on lowest/highest price of last x bars
- Mpve SL to break even after x pips profit

- Fixed Lot size would be an option too


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Informazioni sul progetto

Budget
30 - 100 USD
Scadenze
da 1 a 10 giorno(i)

Cliente

Ordini effettuati1
Numero di arbitraggi0