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
Hello, I am looking for an experienced MQL5 developer/trader who specializes in XAUUSD / Gold . I need someone who already has a ready or proven strategy/EA , not someone starting from zero. Requirements: Strong experience with XAUUSD / Gold Expert in MQL5 / MT5 EA development Ready strategy or EA with backtest/forward-test proof Clear entry, exit, and risk management logic Tick data and real spread testing preferred
I want to make an EA that is scripted from the tradingview indicator. where the EA can buy/sell if there is a command signal from the indicator. If you are interested, we can talk in full. Account Type: Hedging Max Open Position: 1 -2 positions total SL: 2.5 × ATR(14) TP: 2 × SL Partial Close: 50% on 1R profit Breakeven: active after partial close ATR Trailing: 1 × ATR(14) Session: 12:00–23:00 server time
I am looking for an MQL5 or MQL4 developer to build a Forex trading bot (Expert Advisor). What I need: The bot should be able to open up to 10 trades per day (24-hour market) Trades should not open all at once — only based on proper signals/conditions Each trade must include: Stop Loss Take Profit The bot must use 1:2 risk to reward The strategy should aim for around 50% win rate (about 5 wins out of 10 trades)
I am in need of a good scalping bot for gold or any currency pair. If you have one that is working, reach out. You must be able to provide a trial version so I can test the bot myself
I have a MT5 Hull MTF Indicator that I like. I would like someone to add: 1) Time of day function (with start time and end time) so that it does not send messages during my night time. Default Start=0900 Default End=2300 2) Add to the Message (sound and email): so that it is Symbol+Buy-Or-Sell+Ask-OrBid Price+TimeFrame1 "/" TimeFrame2 I will send the indicator to the developer. Thank you
Hello, I need an EA that can help me make money, and I hope you can help me with this project. 🙏💻📈 I believe that honest cooperation and good intentions are very important. 🤝✨ May God bless you and your family with health, peace, prosperity and abundance, both now and forever. 🙏🕊️❤️🌍✨
Project Overview I am looking for an experienced MQL4/MQL5 developer to create an Expert Advisor (EA) for MetaTrader 4 and MetaTrader 5 based on a Moving Average High/Low channel and Bollinger Bands strategy. The EA must support both BUY and SELL operations and use opposite signal exits. Indicators Required 1. Moving Average High Period: 5 Applied to: High Price Method: Simple Moving Average (SMA) User configurable
Joseph 30+ USD
I want robot to make money for me because the straight trading it doesn't make better money and the account shows me a R0 I don't know why but I want to make money
Test instructions: - Run EA on US30 (Dow Jones) - Timeframe: H1 - Test period: last 3–6 months - Use default risk settings (1% per setup) - Check Friday breakout logic only Expected behavior: - EA should mark Friday High/Low - Wait for candle close breakout - Wait for retracement into range - Enter only when H1 candle closes inside range - Execute 2 trades per setup (TP1 = 1R, TP2 = 2R) - Respect 1.5% daily loss
I need help configuring my Sierra charts to run real time data, at the moment it’s running delayed data even though I have the proper subscriptions in place. I am at a last resort effort now where I want to get this problem solved efficiently. And build indicators. I need to find someone with flawless years of experience with Sierra who can accurately guide me and help me trouble shoot

Информация о проекте

Бюджет
60+ USD
Сроки выполнения
до 3 дн.