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
SMC Bot Creation 350 - 550 USD
Hello, I am interested in developing a professional MT5 Expert Advisor similar in functionality and technical sophistication to your reference product, Institutional SMC Robot: https://www.mql5.com/en/market/product/187011 I want to develop my own independent EA based on advanced Smart Money Concepts (SMC), with a strong focus on institutional price action, liquidity and market structure. The key functionalities I
(I can't pay 30 for this of course if you can just help.me solve this problem I would appreciate you )It was doing everything perfectly until yesterday this happened this is a python file that copies from telegram Iand send to ea signal if you have any idea what to do or why this happened please tell me
Specify your Requirements Specification here point by point. Try to describe your requirements briefly and clearly, so that your potential developer is able to correctly assess its complexity and cost, as well as the required execution time. A bad or too generic description will result in your order being ignored, or you will spend a lot of time negotiating the details with each applicant. Remember: It is better to
Phixfx 30 - 150 USD
Project Brief: Multi-Asset EA/Indicator Optimization, Debugging, and Futures Strategy Refinement ​1. Project Overview & Objective ​I am looking for an experienced algorithmic developer to inspect, debug, optimize, and enhance an existing automated trading system. The system combines custom indicators and execution logic across Forex and Futures markets. ​The primary goals of this project are: ​Debug existing logic
​I am looking for an experienced MQL5 developer to build a fully automated MetaTrader 5 Expert Advisor (EA) optimized primarily for XAUUSD (Gold), featuring a clean Tkinter-style telemetry dashboard control concept or customizable input parameters. ​1. Core Strategy Rules (Full-Body Engulfing) ​Signal Identification: The EA must scan completed candles across multiple selectable timeframes (e.g., 1M, 5M, 15M, 30M, 1H)
I want NinjaTrader to behave like Tradovate. When I hover over a candlestick, the cursor should automatically snap to the center of that candle across all open charts. For example, when I hover over a 30-minute candle, the cursor should align with the center of the corresponding candles on the 15-minute and other chart timeframes. I also want vertical lines drawn on one chart to automatically align with the center of
HFT EA 70+ USD
I need an experienced MQL5 developer to build a High-Frequency Trading (HFT) EA for MT5 , designed to generate high returns from small capital through fast scalping. Important: Attached videos must be watched and analyzed before applying. The EA should follow the trading concepts demonstrated in the videos, with proper risk management and optimized execution. https://vt.tiktok.com/ZSgp9jsFM/
I’m looking for an experienced MQL4/MQL5 developer with proven expertise in genuine high-frequency trading (HFT) or ultra-fast scalping Expert Advisors. Project requirements: Develop MT5 versions with complete source code and no restrictive licensing. Implement fast execution, selective entries, and rapid trade exits. Support XAUUSD Include robust risk controls: stop-loss, drawdown limits, spread/slippage filters
Hello, I already have an MT5 Expert Advisor for XAUUSD based on Fibonacci, market structure, BOS/CHoCH and swing trading. I need an experienced MQL5 developer to modify my existing EA, not develop a completely new one. Required modifications: Partial take-profit system with multiple TP levels. Keep profit targets conservative, using Fibonacci extension levels. Stop-loss placement beyond liquidity areas, not exactly
Exir AI 30 - 200 USD
I need an experienced MQL5 developer to build a custom AI-assisted Expert Advisor (EA) for MetaTrader 5. The EA will run on a live MT5 account with Tickmill and must support Forex and Crypto CFDs. Required instruments: - EURUSD - GBPUSD - USDJPY - XAUUSD - BTCUSD - ETHUSD Required timeframes: - M5, M15, and M30 Trading logic: - M30 determines the overall trend. - M15 identifies entry zones, support/resistance, and

Информация о проекте

Бюджет
60+ USD
Сроки выполнения
до 3 дн.