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
I need a simple bot for opening range. Simple Entry / Exit rules, to be able to customize the timeframe, time zone (entry candle) and other normal settings like size, etc
Hello, I am searching profitable, 0/1 rules strategy. Only serious offers please, I am expecting longer co-operation, I am open for your propositions, ideas. Have a nice day! I hope I will find here honest person
Need an Expert Advisor designed specifically for XAUUSD (Gold) , based on liquidity sweep + breakout confirmation logic. Market Focus Instrument: XAUUSD only Optimized for high volatility and intraday expansion behavior typical for Gold. Strategy Concept The EA is based on liquidity sweep of previous day levels followed by market structure shift and continuation in the confirmed direction. Daily Levels Previous Day
Can we do this 2 Indicatos at once NOTES 1. Step MA are on HTF, So values to be used are for Time frame that have closed 2. Pairs that are to be displayed for 2 STEP MA TREND DISPLAY are to be arranged in alphabetical order 3. Pairs in Bullish Weak trend are to be displayed in Green 4. Pairs in Bearish Weak Trend are to be displayed in Red 5. Position for displayed to be adjustable
GoldTrade EA 50 - 100 USD
Evening. I need a programme who will be patient with my EA specifications as it consists of +/- 30 sections ..but before we can start I want us to agree on these terms ...are as follows...the programmer should follow these order .[.Market regiom > trend bias > Lequidity > Smc > Momentum > Session > Risk > Entry > Exit ] and also should help me with these prototype request phase 1=Logicframework . phase 2=Entry engine
Hello everyone, I am looking for a profitable Expert Advisor (EA) that has already been developed and tested for use on the Deriv platform, particularly for Boom, Crash, Volatility Indices, Step Indices, and other synthetic indices offered by Deriv. I am interested in EAs with proven performance and verifiable results. If you have an EA that is already built and operational, I would be happy to discuss its strategy
Title Professional AI Automation Trading Bot for Forex & Crypto Solution Language Python (preferred) or MQL5 depending on integration requirements. Categories Expert Advisor (EA) for MetaTrader 5 Automated trading strategies AI/ML-based signal generation Risk management automation Required Skills Strong knowledge of MQL5/Python Experience with MetaTrader API integration Machine learning model deployment
Hello, I am looking for an experienced developer to build a fully automated Python-based MT5 trading bot. The strategy is based on Smart Money Concepts (SMC) and includes multi-timeframe analysis, automated trade execution, risk management, and backtesting. Requirements: Python and MetaTrader 5 integration SMC strategy implementation Automated trade execution Risk management (SL, TP, position sizing) Backtesting and
O EA deve operar - na corretora BINANCE - com duas médias móveis que podem ser aritmética, exponencial, ponderada, alma( Alnaud Legoux ), Jurik. O EA fica comprado quando a primeira média (rápida) cruzar a segunda média ( lenta ) para cima e vendido quando a primeira média cruzar a segunda média para baixo. Cada entrada deve ser zerada por stop loss, stop gain ou na virada de mão
BullyMax Pro 30+ USD
"Act as an expert MQL5 algorithmic trading developer. I want you to create a profitable and efficient Expert Advisor for MetaTrader 5. Do not write the code yet; read the following trading rules, analyze them, and ask me any clarifying questions if needed. Timeframe: [e.g.15 minutes Chart] Entry Logic: [e.g.MACD + RSI + REVERSAL PRICE ACTION. Enter buy when Macd line crosses above the signal line ,RSI above 30 and

Информация о проекте

Бюджет
60+ USD
Сроки выполнения
до 3 дн.