Order Creating Expert Advisor for MT4

MQL4 Experts

Job finished

Execution time 35 days

Specification

EA Name: Create Buy Limit Orders

Inputs:
1) CreateBuyOrder = Yes / No --->If it is Yes, the EA will create Buy limit orders
2) Stopout Margin Level = X% (300%) ---> Must close all the open limit orders if margin level reaches X% & Should not create any new Limit order (Stop the EA and not create any Limit Orders)
3) RestartMarginLevel = Y% (500%) --- Restart the process of creating Limit orders once the margin level is greater than Y%

4) Lot size = ___ (eg. 0.01)     ---> Create Limit orders at this Lot Size
5) OrderDistance = X USD (eg. 25 USD) -----Create Limit orders at this OrderDistance - All prices are in terms currency USD & not pips
6) TakeProfit = N USD (eg. 20 USD) --  (When limit orders are created, they should have this TP. Eg. Order opened at $750, should have TP as 770)
7) StopLoss = M USD (eg. 10 USD) -- (When limit orders are created, they should have this SL Eg. Order opened at $750, should have SL as 740)
8) Limit orders Qty (Q) = ___ (Number of Buy Limit Orders to Maintain at any time)
9) Create_After_Before = ___ (eg. 6$)


Process:
Step1 Clear open limit orders: At the start of the EA ---> Close all limit orders created by this EA in the past

Step2 - Order creation : Create (Q) number of Buy limit orders at the given "OrderDistance" below the current price. Use the following formula to create the buy limit orders for the first time.

Create buylimit orders at 950,925,900,875,850,825,800,775,750,725

(Assume Q=10)
First Buy limit order to create is ---> Current Price-Current Price mod OrderDistance - OrderDistance = 995-995 mod 25-25 =950
Second Buy limit order to create is 950-25 = 925
Third  Buy limit order to create is 925-25 = 900
10th Buy limit order to create = 725


2) At any point in time ensure that there are Q number of buy limit orders at any point of time. For this need to create 1 more highest limit order when price moves up OR need to create the lowest limit order when price moved down.

(a) Example - When price goes to 1006 (ie. 1000 + Create_After_Before), then need to create a buy limit order of 975
ie. 1006-1006mod 25-25 =975
AND - Delete the least price order of 725


(b) When price goes to 944(ie. 950-Create_After_Before), only 9 buy orders will be remaining 
(since Buy limit order of $950 has already converted to buy order just a little while ago)

Hence, should create a last 1 more buy limit order of $700 and so on.


Responded

1
Developer 1
Rating
(362)
Projects
506
40%
Arbitration
147
18% / 72%
Overdue
99
20%
Loaded
2
Developer 2
Rating
(379)
Projects
407
70%
Arbitration
3
100% / 0%
Overdue
2
0%
Loaded
3
Developer 3
Rating
Projects
0
0%
Arbitration
0
Overdue
0
Free
Similar orders
Trading robots are programs, which operate according to underlying algorithms. An algorithm is a set of actions that need to be performed in response to certain events. For example, the most common task in algo trading is the identification of the "New bar" event. When the event occurs, the robot checks the emergence of trading signals and acts accordingly. Before you decide to program or order a trading robot, you
Hello, I am looking for developer who develops me a renko trading robo with following requirement Time :1 sec Box assignment method : Percentage change LTP Source : Close/OHLC Auto Break-even setup option after certain box Trialling Profit Pips after certain box profit with auto Sl set in PIPs Auto open reverse trade after hitting Sl with given conditions . It is very simple trading tool
At bot 30+ USD
Help me to trade create orders for me and analyze the markets and decide when is a good time to buy or sell. Determine which pairs are best to use to trade with and indicate trading signals to me
I currently have a Forex trading script in .txt format that I want to be converted to a functional/working robot (in .mq4), without altering the strategy of the script. The strategy of the script is already in and shouldn't be changed unless with mutual understanding
Hi, Can you develop the Scalper EA based on Market indicator. EA should open the buy trade at the buy arrow and at every DOT. Close the buy trade with few Pips TP (profit after commission) and SL at opposite Sell arrow. EA should open the SELL trade at the sell arrow and at every DOT. Close the sell trade with few Pips TP (profit after commission) and SL at opposite Buy arrow. Provide the source code at the end
Hey greetings, It my pleasure to met you . I need a MT4 develop that can develop an EA based on alert . If you are a professional MT4 programmer you can kindly bid for this project and let proceed
Hello, I want an ( EXPERT ADVISER that can run automated) that will use CCI as the main entry and ATR as the exit. When the CCI is greater than the custom value of 0, you buy and when the CCI is less than the custom value -0, you sell. ATR Exit - profit of 1.0 and exit as .05 (Please, let it be modifiable) The time frame can be 15 or 5 minutes (variable) EMA 20 DAYS OR 480 (can be disabled) Spread should not be more
Hi, I would like to create an EA similar to this link: https://www.mql5.com/en/market/product/33508?source=External#description Drawdown 5% Scalping! Ability to avoid big price drop that can hurt capital! stable! bid and ask price different is 0.5
Qwuick Fix 85+ USD
I need a couple options added to an existing EA. I’m in need of an input option to modify pending orders, ensures live positions are correlated with pending orders, and provide an oversight that EA is running smoothly. I also need a calendar feature added to an existing input option for scheduling trades. This project is a side project to do on your own time with a 3-day window due date on Sunday – Monday by next
I am looking for an experienced expert to develop an Expert Advisor based on my idea. We can discuss the details in private messages. Please apply only if you are available now, as I need this project completed within one day

Project information

Budget
30 - 36 USD
For the developer
27 - 32.4 USD