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
Supply and Demand EA 50 - 250 USD
I need a SnD EA. Prefer coder who has previous experience coding SnD EA. PO are based on (CHoCH or BoS) and 3EMA, order block (from my TradingView indicator), area based on Fibonacci. SL options are based on fix pips or zone size; CL is based on candle closing. TP1 and TP2 options are based on fix pips or fix ratio. Canceling PO is based on market structure or Fibonacci. Money management are based on fix volume or
Hi MQL5 Community, With over 10 years of live market experience as a Quantitative & Trading System Developer, I specialize in building robust, highly scalable Expert Advisors (EAs), custom indicators, and automated architectures. I’ve recently put together a comprehensive showcase demonstrating my flagship Modular Multi-Engine Architecture , designed to bring institutional-grade logic and real-time telemetry into
I need a developer that can make my trading strategies into a working perfect EA Robot working on Mt5. Candlestick pattern confirmation through PDH, PDL, PWH, PWL, Liquidities, HTF OB
I need a trading bot specially for XAU, high profit gain. Requirements bot analyzes the market places trades closes with 2 to 3 profit per trades daily profit should be 50 to 100 dollars
We are looking for an experienced MQL5 developer to provide a stable, consistently profitable Forex Expert Advisor (EA) capable of generating 10–15% average monthly returns while maintaining the lowest possible drawdown . Our Requirements The EA must have a proven track record of consistent performance. A long-term trading history (live or verified) will be considered a significant advantage. Before final selection
I am looking for a professional MQL5/MT5 Expert Advisor developer to build a fully automated trading bot based on my custom strategy. Requirements: Strong experience in MQL5 (MetaTrader 5) Previous experience developing Forex/Gold Expert Advisors Ability to convert a trading strategy into a fully automated EA Clean, well-structured, and optimized code Good communication and willingness to provide updates during
Forex Growth 60 - 100 USD
Customer Information Name: John Smith Email: john.smith@example.com Company: ABC Trading Ltd. Platform MetaTrader 5 (MT5) Market Forex Trading Instruments EURUSD GBPUSD XAUUSD Trading Strategy The robot should trade based on a trend-following strategy: Buy: When the 50 EMA crosses above the 200 EMA and RSI is above 55. Sell: When the 50 EMA crosses below the 200 EMA and RSI is below 45. Close trades when Take Profit
Only programmers with experience with orderflow please, it's not the easiest project, I don't want to have arbitration etc. I am not expert in orderflow yet, if you have suggestion about strategy it would be very nice. Source of code required, I am searching a programmer for a longer co-operation
Please create an simple EA in mql5 based on RSI indicator with e-mail, sounds and push notification alerts, of course can't be any bugs, errors, but I think it's obvious. I am searching a programmer for longer co-operation. Thank you for your attention, Have a nice day
Hi, I am looking for an already made profitable EA. It can be an indicator but then it must be possible to make an EA from the indicator. Will need to test before payment (this can be in demo or limited time test). I will pay up to $6000. Do not apply if you want an upfront payment. I need to test for a few times first. Mostly only pips matters. I look much the risk safety, money management, risk reward, and overall

Информация о проекте

Бюджет
60+ USD
Сроки выполнения
до 3 дн.