Use the Profits from other Positions to Close the Part of a Losing Trade

MQL5 Эксперты

Работа завершена

Время выполнения 10 дней
Отзыв от заказчика
Great developer who is able to solve difficult tasks. Will definitely use him again

Техническое задание

Instead of using of using a fixed stop loss, why risk mitigation approach is to partially close part of a position and move adjust the remaining positions to breakeven. This approach works in most scenarios but fails when the position does not return to the breakeven level.

In this scenario I would like to use the profits from my remaining trades to trim back by position in a losing one. 

As a result I would like the attached EA to perform the following:

1) If Dynamic Profit2 (Line 674) - essentially measures the floating loss and profit. When this reaches a certain level of drawdown (e.g. $250), for a symbol and a side e.g. US30 Shorts. Then this time will be recorded and so will the current balance of the account. 

Scenario 1:

Lets say the drawdown event (i.e. a symbol and side = $250 drawdown and 1 Lot) was the 3rd January 2022 at 07:01 and the balance was $10,500.


All the closed profit that has been made on the account from that point onwards will be used to Partially close the position in drawdown. 

For example, let us say that other symbols have have a profit of $100 (between 7:01 and 9:00), then that equivalent amount will be used to partially close the US30 sell position (that was at $250 drawdown at 7:01). Let's say that at 9:00 the floating drawdown on US30 is $300, then the position size (originally 1.0 Lots - we can assume this did not increase), will not be reduced to 0.66 Lots. 

Note: this scenario will occur each time a trade has closed in profit.


The time will not refresh every time the drawdown on US30 reaches $250 dollars (there will be a pause period for X minutes so that it does not refresh too much).


Scenario 2:

Let us say that it is 7:01 US30 Shorts are in $250 drawdown and the pause period (i.e. the pause until the drawdown needs to be checked again) is set to 120 minutes. And using the process the lots on US30 has reduced to 0.66 Lots. During this period 7:30 there is another position USDCHF that has just reached the drawdown level of $250. In this scenario, the drawdown reduction process will be carried out on the symbol that has more recently hit the drawdown / or the one that has the highest drawdown (whichever is easier to code).

The Partial Close will keep happening until the drawdown on the symbol reaches a certain level e.g. $100.


Note: 

Please check the screenshot provide for a visual representation 





Откликнулись

1
Разработчик 1
Оценка
(19)
Проекты
33
55%
Арбитраж
5
80% / 20%
Просрочено
3
9%
Свободен
2
Разработчик 2
Оценка
(54)
Проекты
102
23%
Арбитраж
12
25% / 17%
Просрочено
13
13%
Свободен
3
Разработчик 3
Оценка
(32)
Проекты
57
23%
Арбитраж
12
67% / 8%
Просрочено
2
4%
Свободен
Похожие заказы
LUCK 30+ USD
I want to work for me and make alot of money for me when. I want a trade bot on my mt5 .and show me all the thing's i want to see on my mt5 account
NYC 30+ USD
I need a ready-made professional trading EA similar to my current scalping bot, but improved for consistent profit and better risk control. Requirements: - Works on XAUUSD (M5 timeframe) - Fixed lot option (start with 0.01) - Opens only one trade at a time (no multiple positions) - Small, fast entries (scalping style) - Better risk-reward (SL must NOT be bigger than TP) - Breakeven function - Trailing stop to secure
Looking for an experienced MQL4 developer to restore functionality for an MT4 Expert Advisor I've used for 3 years. The software is showing a startup validation error, and I cannot reach the original developer. I'll provide all necessary files and proof of ownership. I don't have the code source just the .ex4 file. Scope of work: - Diagnose the startup validation error of the Expert Advisor - Restore normal
profitable EAs wanted with at least 3 to 5 years backtest. you be submit your proofs such as graphic results, backtesting results, and your demo or weekly the eas has traded
What I need: Compilable, fully-commented MQL4 source (.mq4) that I own outright, replicating an existing compiled MT4 EA I already run. It's a straightforward indicator-based scalper with position-averaging and grouped exits. I'll share the full behavioral details, input list, compiled .ex4, and sample trade logs privately with the awarded coder — your version must reproduce the same trades on my sample data, not
Fvg order 50 - 300 USD
Strategy Objective Create a disciplined, rules‑driven trading framework that identifies high‑probability reversals during the Asia session by leveraging levels formed in the final hours of New York. The goal is consistent execution, controlled risk, and scalable automation. Core Approach Track and define the key price extremes set during late New York trading. Monitor Asia session behavior for liquidity sweeps beyond
Requirements Specification GoldV16 V0 – MT5 XAUUSD Netting EA 1. Platform: - MetaTrader 5 - MQL5 - XAUUSD - NETTING account 2. Position rule: - Only ONE XAUUSD position may be open at any time. - Fixed lot only. - No Martingale. - No automatic lot increase. 3. Stop Loss: - Stop Loss must be sent immediately when a trade opens. - Default SL distance: 1.00 USD in gold price. - SL distance must be adjustable in Inputs
MQL5 developer needed to code a macro-driven gold trading Expert Advisor for MetaTrader. Body: We have a documented macro-driven trading strategy for gold that needs to be converted into a working MetaTrader Expert Advisor. Experience integrating external data sources, such as economic calendar events or interest rate and dollar index data, into MQL5 is required. An N.D.A. must be signed before strategy details are
I’m looking for an experienced MQL5 developer to create an MT5 EA similar to Iron Range, mainly for BTCUSD. It should use a range-based entry strategy, support market and pending orders, fixed-lot and percentage-risk sizing, stop loss, take profit, break-even, trailing stop, spread protection, and daily loss or drawdown limits. It should also work with different brokers and include adjustable settings for
MACD + EMA 30 - 100 USD
J’ai fais un indicateur tradingview que j’aimerai adapter à MT5. celui ci indique une flèche pour des achats ou des ventes lorsque le prix atteint un niveau tracé auparavant par l’indicateur également. Les conditions sont les suivantes : timeframe 1 minute Buy Stop / Sell Stop sur le niveau tracé. SL placé sur la EMA 21 au moment du du déclenchement de l’ordre avec possibilité de le modifier. Le TP à 1.5R

Информация о проекте

Бюджет
60+ USD
Сроки выполнения
до 3 дн.