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TradersLimit Risk Management EA
I'm looking for a programmer to develop a risk management EA to counter the Over Trading problem faced by almost all traders.
A trader must activate the function by choosing Yes or No, and then enter the inputs to limit their trading.
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LIMIT TRADING BY:
*Number of trades per day (Yes/No) = Checks the total number of trades taken in a day(depending on the time zone), counts both closed and open trades.
> (trader must input maximum number of trades allowed per day)
*Number of trades per week (Yes/No) = Checks the total number of trades taken in a week, counts both closed and open trades.
> (input maximum number of trades allowed per week)
*Number of open trades (Yes/No) = Checks the total number of open/running trades
> (input maximum number open trades allowed)
> Close extra trades (Yes/No)
*Number of losses per day (Yes/No) = Checks the total number of losses in a day
> (input maximum number losses allowed per day)
*Number of losses in a row in a day (Yes/No) = Checks the total number of losses in a row, for that day.
> (input maximum number losses in a row allowed per day)
*Account percentage daily drawdown (Yes/No) = Checks daily account drawdown percentage
> (input maximum daily drawdown percentage)
*Account percentage weekly drawdown (Yes/No) = Checks weekly account drawdown percentage
> (input maximum weekly drawdown percentage)
*Close MT5/MT4 Terminal If Any Above Limit is Reached (Yes/No) = Checks and Close terminal if any above limit is reached, terminal must close continuously every time the user attempts to open, until the next day.
TRADE MANAGEMENT:
*Default Stop Loss, in pips (Yes/No) = Automatically places Stop Loss as the trade enter a trade
> (input default Stop Loss)
Default Take Profit, in pips (Yes/No) = Automatically places Take Profit as the trade enter a trade
> (input default Take Profit)
*Auto Break Even (Yes/No) = Automatically moves and place the Stop Loss to Break Even
**Number of pips before Auto Break Even = Checks the number of pips before Stop Loss is automatically moved to Break Even
> (input number of pips to reach before Auto Break Even)
*Trade percentage to move to Break Even (Yes/No) = Checks the percentage of the trade to move to break even
>(input trade percentage to move to Break Even)
*Partial Take Profit (Yes/No) = Automatically close partial position of the trade in profit
**Number of pips before Partial Take Profit = Checks the number of pips a trade needs to reach before Partial Take profit is executed
> (input number of pips before Partial Take Profit)
*Trade percentage to close for Partial Take Profit (Yes/No) = Checks the percentage of the trade to close for Partial Take Profit
>(input percentage to close for Partial Take Profit)
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More function may be added in future.
Looking forward to hear and work with you.
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