FreelanceSeções

EA with Martingale system

MQL4 Experts

Trabalho concluído

Tempo de execução 13 dias
Comentário do desenvolvedor
Jack is a great client. He properly reports issues, if any, and makes sure that it is easy to understand what he trying to explain. :)
Comentário do cliente
Very professional. Executed the specifications perfectly. He understood my needs and gave a clear explanation of the job done. Totally recommended.

Termos de Referência

I would like to build an EA with Martingale system. 
Here is the description: 
How to decide the direction of the entry? 

If we intend to start trading at 8:00 the EA should look how the previous candle closed the price.

If the closed candle was a bullish candle, open BUY position. If it was Doji (+), wait for next candle. 

Time Zone 
Start at 08:00 
End at 23:00
New Cycle - True 
Take Profit - always Trailing Stop 
10 points - Step
10 points - Stop 
100 points - Trailing Start
Lots Digits 2.0 


When the first transaction will close with the profit, EA should wait for the new candle to open. 
In this example, it will be at 10:00 

- Direction? BUY, because the previous candle closed as a bullish candle. 
- Minimum Step 50 points
- the 1st martingale order - open when the new candle will open the price.
- EA must check the minimum Step between the orders.  
- If it is 50 points even = or more > open next BUY order. 
- the size? 50 % bigger than the previous order.   (x 1.5) 

When the 1st Martingale order was executed, the EA should show immediately the BreakEven line. 
If the Trailing Start is set up for 100 points, 
the EA should calculate as follow. 
FROM the Break-Even line 100 points, Start Trailing. 
with 10 points Step and 10 points Stop. 

If the two orders did NOT close the CYCLE with profit, EA will open next BUY order 
It will be again 1.5 X (value) bigger than the previous order. 
If the broker does not allow to open 0.015, the order should be 0.02
Therefore the calculation should be  - Lots Digits 2.0 
In our example, we will use 0.1 for easy calculation. 
Again, ONLY when the previous candle closes the price in the minimum STEP distance of 50 points or more. In this example, it is 110 points differences. 
In this situation, the BreakEven line should change accordingly. 
Because ALL 3 orders did not close the CYCLE with profit, the EA should open another BUY order.  
The distance must be measured by the EA, minimum 50 points or more. 
In this example, it is 125 points from the previous order. 

Because ALL 4 orders did not close the CYCLE with profit, the EA should open another BUY order, with the value 50% bigger than the previous size.  
The distance must be measured by the EA, minimum 50 points or more. 
In this example, it is 57 points from the previous order. 
The BreakEven Line has to change the level accordingly. 
So far the size of the orders should be : 
0.1 next (0.1 x 1.5)
0.15    (0.15 x 1.5) 0.225 
0.23 (0.225 x 1.5) 0.3375
0.34 (0.3375 x 1.5) 0.50625
0.50 (0.50625 x 1.5) 0.759375
0.76

When all 5 orders will reach the BE line – the EA should Start Trailing at 100 points from the BE line.
10 points Step, and 10 points Stop. 
The cycle will be closed when ALL orders will close at once at the same level.  
In the variable there should be an option: 
New Cycle – True / False
If it is True, when the cycle will close all the open orders with Profit, the new order should be executed when the new candle will open. 
Direction – if the previous candle was Bearish, SELL order should start the new cycle.  
If the previous candle was Bullish, BUY order should start the new cycle. 
If the New Cycle – True / False is changed to “False”, the EA should continue the “old” CYCLE – UNTIL it will close it with profit, and in this situation, it will NOT start a new cycle. 
The EA should have protection, that when the MT4 will restart, the EA should continue to monitor all open orders. 
If the orders were open during the weekend, the EA should continue the cycle when the market will open on Monday. 
In variables, there should be an option to Trade on Friday – True/False
If False, the EA should not start a new cycle on Friday and can finish the cycle or continue the cycle on Friday, BUY not to start a new cycle on Friday. 

These are the basic functions of this EA. 
Start Trading at 01:00 
End Trading at 23:00 (I just need one-time table) 
New Cycle True/False
Trading on Friday – True/False 
Magic number xxxxxxx
Minimum distance 50 points 
Trailing Starts 100 points 
Trailing Step 10 points 
Trailing Stop 10 points 
Lot exponent 1.5
Lots Digits 2.0 
First Lot size - 0.01 
----------------------
I would like to have the CLOSE ALL button on the chart, to close manually all trades at once, 
And text with information Total Profit on all open trades (or loss)   and how many orders are open etc. 
Leverage 1:400 
Balance    3000
Margin 2440 
Profit/Loss -560  or  +120

Open orders 12


Source Code in English only. 


Arquivos anexados:

ZIP
Martingale_EA.zip
408.1 Kb

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Informações sobre o projeto

Orçamento
50 - 150 USD
Desenvolvedor
45 - 135 USD
Prazo
de 7 para 10 dias