System Specifications/Requirements
Step 1:
I want my Fluctuate system strategy/trading robot to automatically measure the artificial/faux/imitation buy and sell trade execution using the usual normal fluctuate MT5 robot downloaded on the MQL5 Platform trading logic and my customised selected input parameters.
(As if I am already in the trade, using the same input parameters, trading logic and other variables), BUT without it entering/executing the trade as yet, until my desired drawdown of buys & sells has been achieved, depending of course on the market volatility.
And I should be able to choose within the parameters, when do I want to enter/execute the trade based on the drawdown that has occurred.
The following example below demonstrates the trade idea.
Pre-Execution setup:
Trade No.1=Buy 0.01-Hit stop loss, didn’t reach Take Profit/Trailing stop
Trade No.2=Sell 0.02-Hit stop loss, didn’t reach Take Profit/Trailing stop
Trade No.3=Buy 0.04-Hit stop loss, didn’t reach Take Profit/Trailing stop
Trade No.4=Sell 0.08-Hit stop loss, didn’t reach Take Profit/Trailing stop =The artificial/faux/Imitation trades
Trade No.5=Buy 0.16-Hit stop loss, didn’t reach Take Profit/Trailing stop
Trade No.6=Sell 0.32-Hit stop loss, didn’t reach Take Profit/Trailing stop
Trade No.7=Buy 0.64-Hit stop loss, didn’t reach Take Profit/Trailing stop
Trade No.8=Sell 1.28-Hit stop loss, didn’t reach Take Profit/Trailing stop
Step 2
Once the desired drawdown has been achieved, I then want the robot to execute/enter the trade at my desired Lot size which can be selected in the input parameters.
At this point it should be just a normal continuation from the previous losing trades/drawdown, whether it’s a buy or sell (depending on the last losing trade).
The following example below demonstrates the execution idea
Execution setup:
Trade No.9=Buy 0.01-Hit stop loss, didn’t reach Take Profit/Trailing stop = The chosen desired drawdown is Trade no.9 and is executed at the chosen desired Lot size of 0.01, then after that normal continuation of trading rules from robot
Trade No.10=Sell 0.02-Hit stop loss, didn’t reach Take Profit/Trailing stop
Trade No.11=Buy 0.04-Hit stop loss, didn’t reach Take Profit/Trailing stop
Trade No.12=Sell 0.08-Hit stop loss, didn’t reach Take Profit/Trailing stop
*Trade No.13=Buy 0.16-Hit stop Take Profit/Trailing stop=Trade successful @Trade No.13, start a new cycle at Trade No.1 again in the same pattern
If the trade is a winning trade, prior to my desired drawdown selected in my inputs, (in the example above it is trade no.9), then the robot should restart and commence a new setup in step 1 again mentioned above until such a time that the desired drawdown is met according to the market volatility so that execution can take place.
(The trading robot can continue as per normal fluctuate robot at drawdown No.9 as downloaded on MQL5 website)
In other words, basically the system should perform the usual way the robot was originally programmed when downloaded online other than/except for my ability to make changes as to which drawdown the robot can finally execute the initial trade and at which ideal Lot size at which it must enter (All other variables in the robot remaining the same)
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