FOREX EA USING HEDGING STRATEGY NEEDED

MQL4 Experts Forex

Job finished

Execution time 8 days

Specification

  • Opening an initial position either sell/buy with SL and TP.
  • Initial lot size for the initial position needs to be set by user.
  • SL and TP needs to be set by user by pips.
  • Multiplier for the lot size needs to be set by user.
  • Needs to have a selection of how many maximum hedge position to be opened.
  • EA should stop once manually position and orders are manually closed.


After INPUT of initial Lot size position / SL & TP / Multiplier for the lot size / and maximum hedge position. EA should start with either sell or buy (see below for initial position condition) at the same time open a hedge position in opposite direction (either buy order or sell order depends on initial position) with same TP and SL value and bigger lot size depends on the multiplier. When the initial position hits the TP, the hedge position in opposite direction needs to close and the loop should start again with the initial condition. When the SL is hit and the hedge position is activated, it should open a hedge (buy/sell Order) again in opposite direction with again bigger lot size depends on the multiplier with same TP and SL. It should continue hedging until it reaches the maximum number of hedge position set or by hitting the TP.


Initial position depends on the 20 EMA at 15 mins Time Frame. When above 20 EMA initial position needs to be BUY and below 20 EMA should open SELL initially.

See attached file for more visualization.



Files:

PNG
Hedge.PNG
26.7 Kb

Responded

1
Developer 1
Rating
(247)
Projects
439
34%
Arbitration
56
36% / 38%
Overdue
161
37%
Loaded
2
Developer 2
Rating
(204)
Projects
289
36%
Arbitration
34
32% / 29%
Overdue
75
26%
Loaded
3
Developer 3
Rating
(71)
Projects
97
43%
Arbitration
2
50% / 0%
Overdue
2
2%
Free
4
Developer 4
Rating
(1)
Projects
1
0%
Arbitration
0
Overdue
0
Free
5
Developer 5
Rating
(42)
Projects
47
30%
Arbitration
12
17% / 75%
Overdue
6
13%
Free
6
Developer 6
Rating
(12)
Projects
14
0%
Arbitration
1
100% / 0%
Overdue
1
7%
Free
7
Developer 7
Rating
(7)
Projects
8
63%
Arbitration
1
0% / 100%
Overdue
1
13%
Free
8
Developer 8
Rating
(15)
Projects
17
6%
Arbitration
1
0% / 100%
Overdue
1
6%
Free
9
Developer 9
Rating
(109)
Projects
139
43%
Arbitration
20
15% / 50%
Overdue
20
14%
Loaded
10
Developer 10
Rating
(19)
Projects
35
26%
Arbitration
10
30% / 70%
Overdue
5
14%
Free
11
Developer 11
Rating
(96)
Projects
143
76%
Arbitration
0
Overdue
2
1%
Free
Similar orders
Project Description : I need an experienced programmer to convert the TradingView indicator "CURRENCY STRANGHT CHART by boitoki" into a MetaTrader 5 (MT5) format. The indicator should function identically to the original and be fully compatible for integration into an Expert Advisor (EA) on MT5. Requirements : Convert "TTD Middle Right Normal" from TradingView to a .mq5 file for MT5. Ensure all indicator features and
Project Description : I need an experienced programmer to convert the TradingView indicator "RSI BARS" into a MetaTrader 5 (MT5) format. The indicator should function identically to the original and be fully compatible for integration into an Expert Advisor (EA) on MT5. Requirements : Convert "TTD Middle Right Normal" from TradingView to a .mq5 file for MT5. Ensure all indicator features and visual signals are
Project Description : I need an experienced programmer to convert the TradingView indicator "TTD Middle Right Normal" into a MetaTrader 5 (MT5) format. The indicator should function identically to the original and be fully compatible for integration into an Expert Advisor (EA) on MT5. Requirements : Convert "TTD Middle Right Normal" from TradingView to a .mq5 file for MT5. Ensure all indicator features and visual
I am seeking to develop a small scalping robot in MQL5 that utilizes the "Trend Catcher with Alert" indicator. This indicator provides entry and exit signals, which I would like the robot to follow. Key Requirements: Entry Signals : The robot should enter a trade based on the signals generated by the Trend Catcher indicator. Exit Signals : The robot should exit trades according to the indicator's exit signals
I have list of free indicators in tradingview and i would like to convert them into an mt4 ea, But the EA will have and work based on the indicators features The list of the are listed as follows :> 1. Market Structure Break And Order block. By EmreKb 2. Rainbow Adaptive RSI by LuxAlgo 3. Multiple MA (21,50,100) 4. SuperTrend My budget for this 80$ max
I want to develop a trade copier that copies trades from master account to client and also from client account to master account. It should be working on computer or VPS
I have list of free indicators in tradingview and i would like to convert them into an mt4 ea, But the EA will have and work based on the indicators features The list of the are listed as follows :> 1. Market Structure Break And Order block. By EmreKb 2. Rainbow Adaptive RSI by LuxAlgo 3. Multiple MA (21,50,100) 4. SuperTrend Please don't apply if can't do this, So we won't ourselves time
Hello! I am looking for an experienced Pine Script coder to create a custom indicator for mapping market structure based on fractals. The developer must be skilled in Pine Script and have a solid understanding of how to code market structure indicators. Looking forward to working with a talented developer
CHAPTER 1: BASICS 1.THE BASICS 1.1. EXPANSION AND RETRACEMENT Expansion =>occurs when there is an impulse movement towards a direction. Retracement => is the correction movement after an impulse movement. 1.2. FIBBONACCI RETRACEMENT USED TO DETERMINE THE END OF THE RETRACTION MOVEMENT, USUALLY THE PRICE RETRACTS TO 50% OR UNTIL OTE (0.62, 0.705, 0.79) BEFORE ANOTHER IMPULSE MOVEMENT OCCURS. 1.3. BMS - BREAK IN MARKET
I want a program that automatically disables manual trade execution once a specified number of trades have already been placed. ie. After a total of 3 trades have been placed on that day, manual trade execution should be disabled. I want the program to also limit the amount of lots that can be traded in any given day. ie. Maximum of 15 standard lots in any given day. The program should disable manual trade execution

Project information

Budget
30 - 100 USD
For the developer
27 - 90 USD
Deadline
to 5 day(s)