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 am looking for an experienced Sierra Chart ACSIL (C++) developer to create a custom indicator that measures the average Prior Day High-Low range over a configurable number of trading days (default: 7 days) using a 23-hour trading session
I have a technical specification ready for a custom alert indicator in NinjaTrader 8 (NinjaScript / C#). Important clarification: it is NOT an automatic trading bot, it is solely a visual indicator (arrows/lines on the chart) and sound alerts (notifications) based on EMA crossovers and range breakouts (ORB 15m) on lower timeframes for futures (MES). I already have the exact rules written out unambiguously
Custom MT5 EA for buy stop and sell stop breakout strategy.’ ‘Requirements, develop a custom Expert Advisor for MetaTrader 5 that places buy-stop and sell-stop pending orders based on defined breakout rules.’ ‘All important values adjustable via inputs.’ ‘Includes stop loss, take profit, trailing stop, and configurable risk management.’ ‘One trade at a time, works on demo before live.’ Provide source code and
I have an automated trading strategy in NinjaTrader 8 (C# / NinjaScript) that is currently under development. Before diving into technical details, I’d like to ask a quick question from someone who's interested. Do you work on existing / in-progress codebases to debug, refactor, or add new features, or do you strictly build projects from scratch? NOTE : Only professional Developer should apply for this project
السلام عليكم ورحمة الله وبركاته، ​أبحث عن مبرمج MQL5 خبير ومتمكن جداً لتطوير روبوت تداول (Expert Advisor) محترف لمنصة MetaTrader 5 يعمل باستراتيجية هيدج محددة بصفقة واحدة فقط في كل اتجاه (1 Buy & 1 Sell Max) مع إدارة مخاطر صارمة. ​المواصفات والاستراتيجية المطلوبة: ​1. آلية الهيدج المحدود (Single Position Hedging Limit): ​الحد الأقصى للصفقات: يُسمح للروبوت بفتح صفقة شراء واحدة (1 Buy) وصفقة بيع واحدة (1 Sell) فقط كحد
Looking for A verifiable, disciplined XAUUSD analyst with controlled drawdown, consistent stop-loss use, clear communication and the capacity to service a live community. To send daily London and New York signals exclusively in my channel on Telegram
SENIOR MQL5 / QUANTITATIVE DEVELOPER REQUIRED — PROFESSIONAL AI-ASSISTED MT5 TRADING SYSTEM Project Overview I am seeking a highly experienced MQL5 developer, quantitative trading-system engineer or small specialist team to design and build a professional, fully auditable MetaTrader 5 trading system. This is not a request for a basic indicator conversion, copied Expert Advisor, martingale robot, grid-recovery system
Hello, I'm working since few months on a project which is running. But there are entry Chase Problem between Paper and Live order Can you help investigate that. I know that entry execution differences between Paper and Live trading are fairly common and can be caused by factors such as order type, execution timing, slippage, market data differences, or broker/API behavior. I‘m stuggling bc paper made full profit and
Platform MetaTrader 5 (MT5) MQL5 Source Code Required Compatible with Exness MT5 both standard and cent accounts/ICMarket accounts Works on EUR/USD only (initial version) ⸻ Objective Develop a fully automated AI Expert Advisor based on ICT Smart Money Concepts (SMC). The EA must only execute high-probability trades that satisfy all required conditions before opening a position. The EA must avoid overtrading and
السلاموني | ​أبحث عن مبرمج MQL5 قوي تداول تداول (EA) لمنصة MetaTrader 5 يعمل بإستراتيجية Hedging with Trailing Stop. المواصفات المطلوبة: ​العمل: يعمل الروبوت على مدار اليوم ويقوم بتشغيله بشكل مستمر. ​التحويط (التحوط): عند فتح الصفقة، يقوم جهات مختصة بمحور رئيسي مختلف ويبعد النظر عن نطاق محدد. ​ملاحقة التليفون المباشر (Trailing Stop): ترك التداولات الرابحة مع، ولا يتم إغلاقها إلا عند انعكاس السعر المحدد (Trailing

Информация о проекте

Бюджет
60+ USD
Сроки выполнения
до 3 дн.