Coding of a new mt4 EA

Job Overview

The core strategy relates to Martingale. The description below is the base logic for the EA but the inputs are all subjected to change/improvement and optimisation. Even the strategy can also be changed/improved as long as the performance can be improved. In this case, the performance improvement we are looking for are the highest profit under the least drawdown (i.e most $ profit per % drawdown). In the circumstances that a small profit can be sacrificed for a large drawdown %/risk reduction, that will be preferred.

The first job is coding. I have provided the base logic below. However, as you can see that that still various gaps such as 1st position opening method, 1st EA/2nd EA, the parameters/input that have yet to be fully determined. Hence, the first job is to code the base logic and include improvement to the codes/improvement. The various additional ideas can be found in the EA that I sent across. Some of them include a switch to open immediately after last closing, spread filter, time delay to allow opening when lower spread and others. With that, the base logic should be still based off the Martingale logic where the 1st position opening/closing, group opening/closing is mainly kept. However, the rest of the parameters as to methods to open, when to open, I am open to changing and the add/change/removal of them including your additional ideas should serve to improve and provide the best results at the end. If your improvement/logic is included in the codes, it is essential to let me know how each of the logic work so that I am will be able to test and check that they are correct. I must understand how it works in order to test them. This will be the first milestone.

The first milestone will only be considered complete and payment are made subsequently after these conditions. (1) I must fully understand how the logic works, especially since the strategy have changed and you have added improvement.