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’m reaching out regarding my TradingView project. I’d like to know if you’re familiar with the Chrome extension for Pine Script optimization. I’m looking for a developer with a premium account who can help optimize some Pine Script code. Please I actually need someone who has a premium account of the chrome extension TradeTuning to optimize Pinescripts (for some specific data they give in their reports). Do
I need an MT5 Expert Advisor for Gold (XAUUSD) on M15 timeframe. Strategy Rules: Trade only after breakout and retest of support/resistance. Also include trendline breakout and retest entry. Only one trade at a time. High accuracy trades only. Stop Loss: fixed SL (developer make input adjustable). Take Profit: next support/resistance level. Trade should hold until trend change. Close trade when Higher Low or Lower
Hello, I’m looking for an experienced developer who can help convert an existing cTrader indicator into a fully functional Quantower indicator . I already have the complete source code for the cTrader indicator (written in C#) , and I would like the same logic, behavior, and visual output to be accurately replicated in Quantower
REQUIREMENTS SPECIFICATION FOR MT5 EXPERT ADVISOR - NAS100 1. GENERAL INFORMATION 1.1 Platform: MetaTrader 5 1.2 Symbol: Nas100 1.3 Timeframe: M5 1.4 Account Type: Hedge 1.5 Broker: Must work on Khwezi Trade / ATFX broker 2. ENTRY RULES - ALL 3 MUST ALIGN ON CLOSED CANDLE 2.1 Trend: Price above 50 EMA for Buy, below 50 EMA for Sell 2.2 Momentum: RSI(14) > 50 for Buy, < 50 for Sell 2.3 Confirmation: MACD line above
Hi i need an expert to built a automated trading bot for ninja trader platform like sniper auto trader bot If you can develop or build automated bot for ninjatrader, let me know
Hello programmers. I am looking and searching for Chrome extension that automates parameter optimization for TradingView strategies, not''TradingView Premium'' itself. Can you please get back to me? do you know the chrome extension. I am looking for someone with a premium account so I can optimize some pinescript with it
I’m looking for a developer (or AI-savvy builder) who is experienced in using tools like Claude.ai (e.g. Claude Code, Claude CoWork) to build a Forex-related website. The platform will include features such as: Tracking trading account performance Broker reviews and comparisons This is just a high-level overview — the main goal is to find someone who truly understands how to leverage AI tools and write effective
Hello, I’m reaching out regarding my TradingView project. I’d like to know if you’re familiar with the Chrome extension for Pine Script optimization. I’m looking for a developer with a premium account who can help optimize some Pine Script code. Please let me know if this is something you can assist with
Hello every developer here, I'm contacting you regarding my tradingview. Can you please get back to me? do you know the chrome extension. I am looking for someone with a premium account so I can optimize some pinescript with it
Hi, I am looking to purchase a MT5 Hedging EA that can show consistent profitability with drawdown less than 15%. I am not ready to build a new one from scratch as i do not have the strategy in mind yet so i do not want to take the risk of building one but not sure if it works. Only apply if you have an existing proven and tested Hedging EA that can sell to me together with the source code. Before i make the

Информация о проекте

Бюджет
60+ USD
Сроки выполнения
до 3 дн.