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 an experienced MQL5 developer to build a prototype MT5 Expert Advisor called RiskLock. The software should enforce user-defined trading risk rules before trades are executed. It should support risk percentage or fixed monetary risk, calculate position size using account equity, entry price, stop loss, tick value and contract specifications, block or reduce oversized trades, and include daily loss limits
I need EA Lil-MeProBot for MT5. Phone user, deliver .mq5 + .ex5. Symbols: XAUUSD EURUSD GBPUSD USDJPY BTCUSD, M15, Magic 777001 Strategy 6X Confluence score 4/6: 1. EMA 50/200 trend 2. Break of Structure 3. RSI 14 4. Strong body FVG/Order Block 5. Session 8am-9pm GMT+2 6. ATR filter Money Management LASTING: Lot 0.01 fixed, NO martingale, NO grid, Max 1 per symbol Max 2 total, SL ATR*2 TP ATR*3, Daily loss R40 stop
Project Overview I have an existing MT5 Expert Advisor (EA) written in MQL5. The source code ( .mq5 ) will be provided. The underlying strategy is a trend-following system that performs well during trending market conditions, but requires professional quantitative research to improve its ability to identify and avoid highly sideways/range-bound market conditions. The objective of this project is not to build a new EA
I am looking for an experienced MQL5 Expert Advisor (EA) developer to analyze an existing trading setup and develop a similar automated trading robot. Project Overview I have access to a demo trading account where trades are being executed automatically. The trading results look very promising, but I do not know exactly what strategy, logic, indicators, or trade-management rules are being used. I will provide access
Most of the expert is already coded . Create a panel to show the Ratio for the Range . Trigger is based on ratio . Show Distribution / project starts after we clear Distribution
Modification of existing ea …. Add ema filter, add risk percentage per trade, and modify the pips per day filter. I already have the ea code I just need these things added and modifified
Expert Advisors 300+ USD
double CRiskManager::CalculateLotSize(double slPoints) { double balance = AccountInfoDouble(ACCOUNT_BALANCE); double riskMoney = balance * (m_riskPercent / 100.0); double tickValue = SymbolInfoDouble(_Symbol, SYMBOL_TRADE_TICK_VALUE); double tickSize = SymbolInfoDouble(_Symbol, SYMBOL_TRADE_TICK_SIZE); double pointValue = tickValue / tickSize; double lot = riskMoney / (slPoints * pointValue);
i share my strategy i need a bot trending bot fo mt5 . i attached the photo with this it help to make bot. it basicly 1 hours time frame base. i try but failed to make it
Title: Simple background trading bot for my Oanda account (v20 REST API) Overview Hi, I need a simple, lightweight event based standalone trading bot that connects directly to my Oanda account using broker’s standard REST API (V20 account) via VPS The bot just needs to look at group of 5 currency pairs (manually selectable and adjustable) in different 4 baskets, do some basic percentage math every period, and place
MQL5 Developer 30+ USD
📄 وثيقة المواصفات الفنية لروبوت التداول (MQL5 EA Specification) 📌 1. ملخص المشروع والهدف * اسم المشروع: Gold Cent Grid-Hedge EA * المنصة: MetaTrader 5 (MQL5) * أداة التداول: الذهب (XAUUSD) * نوع الحساب: حساب سنت (Cent Account) * فكرة الاستراتيجية: تداول شبكة هيدج متوازنة (Grid-Hedging) تفتح صفقات تعزيز كل مسافة محددة، وتغلق الطرف الأكثر ربحاً عند تحقيق هدف مالّي مجمع بالدولار/السنت لإعادة هيكلة التوازن. ⚙️ 2

Информация о проекте

Бюджет
60+ USD
Сроки выполнения
до 3 дн.