Pyramid stratgy on Moving Average signals Expert Advisor

Job finished

Execution time 10 hours
Feedback from employee
First excellent job. Hopefully work with you again. Thanks.
Feedback from customer
Great developer! Fast work and accurate results. Understands requirements very well. Recommanded!

Specification

Hi there coders, appreciate anyone's help with this paid task.

I will like to create EA for entering market on 2 MA lines cross over for buy and sell signals. EA will add on lots to winning positions(pyramid strategy).
The idea is to cut short losses, hit stoploss or breakeven and move on to next trade. Let profits run and even add on lots to winning positions. 


Market Entry:

EA will enter the first position on the MA crossover signal based on the user input lots (or optionally to use MM). There will be a stoploss set together with the first entry. The EA will not have martingale available( i do not need it).

Buy entry:
EA will enter a buy position upon the fast MA crossing below the slow MA. At the same time, EA will set buy limit by the grid space(in pips) above the entry position (pyramid strategy) . How many levels of buy limit orders to set will depends on the input of user.

EA will set a stoploss on the first buy entry based on user input in pips. Subsequent limit orders will not have a stoploss.

Sell entry:
EA will enter a sellposition upon the fast MA crossing above the slow MA. At the same time, EA will set sell limit by the grid space(in pips) below the entry position(pyramid strategy). How many levels of sell limit orders to set will depends on the input of user.

EA will set a stoploss on the first sell entry based on user input in pips. Subsequent limit orders will not have a stoploss.

Losing positions:

Once position hits stoploss, it will close all open positions and wait for the next MA crossover signal to enter a new position.
There is no martingale. No need to include the need to add on lots for losing trades features.

Winning positions:

As the EA already set the levels of entry limit orders in place, more lots will add on to the winning position as the limit orders are hit(position will increase as the EA catches the correct trend).

Trailing stops can be activated. Trailing stops can be set by user input. Once a winning position hits trailing stop, EA will close ALL current running positions and take profit. Trailing stops for buy positions will close all buy positions and trailing stops for sell positions will close all sell positions(if hedging is activated).

Break even:

Option to turn on break even for all buy positions or all sell positions.
Break even for all buy positions: As lots are added on current winning positions, EA will set stoploss to break even price of average of all the buy positions added up.
Break even for all sell positions: As lots are added on current winning positions, EA will set stoploss to break even price of average of all the sell positions added up.

Handling conflicts of trailing stoploss and breakeven levels:

As there are 2 events that are controlling the same stoploss level,there seems to be a conflict.
- Trailing stopless will control the stoploss level
- Breakeven level will also control the stoploss level
Solution: Just let the EA trigger whichever events currently comes first. We can discuss more if you are not sure.


EA inputs:

- Fast MA
- Fast MA mode
- Slow MA
- Slow MA mode
- Lot size or MM (0 for MM in %)
- Stoploss in Pips (0 to disable, or put option to enable and disable)
- Takeprofit in Pips (0 to disable, or put option to enable and disable)
- Trailing Stoploss in Pips (0 to disable, or put option to enable and disable)
- Average buy positions breakeven (True / False)
- Average sell positions breakeven (True / False)
- Number of pending buy limit orders
- Number of pending sell limit orders
- Hedging positions - Allow buy and sell orders at the same time?(True / False)
- Start Hour - Start trading hour
- Start Min - Start trading min
- End Hour - End of trading hour
- End Min - End of trading min


I am open for advice, maybe other indicators has better win rate than moving averages?




Responded

1
Developer 1
Rating
(8)
Projects
16
0%
Arbitration
8
13% / 75%
Overdue
3
19%
Free
2
Developer 2
Rating
(15)
Projects
16
19%
Arbitration
2
0% / 50%
Overdue
1
6%
Free
3
Developer 3
Rating
(169)
Projects
204
30%
Arbitration
25
40% / 44%
Overdue
12
6%
Free
4
Developer 4
Rating
(93)
Projects
133
35%
Arbitration
13
38% / 31%
Overdue
32
24%
Free
5
Developer 5
Rating
(589)
Projects
1068
50%
Arbitration
39
28% / 41%
Overdue
49
5%
Working
Published: 1 article, 8 codes
6
Developer 6
Rating
(34)
Projects
60
23%
Arbitration
11
73% / 9%
Overdue
3
5%
Free
7
Developer 7
Rating
(70)
Projects
91
25%
Arbitration
26
19% / 54%
Overdue
25
27%
Free
Similar orders
Hello, I am looking for someone who can help me to build a MT4/MT5 forex EA, by analyzing the trading history. You are responsible to find out trading logic behind the EA and Build a new EA that accurately replicates the existing strategy. I need someone who has proven previous experience to build a new EA by reverse engineering. Thanks
I am looking for an experienced MT4/MT5 developer to analyze my trading history and replicate the strategy in a new Expert Advisor (EA). The developer must have proven experience in reverse engineering strategies, analyzing trading data, and developing EAs across various trading methodologies. A deep understanding of XAUUDS and BTCUSD behavior, as well as chart analysis, is essential. Please note that we do not have
Title: MT5 Forex Trading Robot Development I need a MetaTrader 5 (MT5) Expert Advisor (EA) for automated Forex trading. Requirements: 1. The robot must be fully automated and capable of opening and closing trades without manual intervention. 2. Compatible with MetaTrader 5 (MT5). 3. Adjustable lot size, Stop Loss, and Take Profit settings. 4. Built-in risk management based on account balance. 5. Ability to trade
Sierra Chart Alerts to MT5 via Webhook (Alert Manager File Version) Objective: Create a Custom Study (ACSIL / C++) that monitors alerts from the Alert Manager file and forwards any valid alert directly to MT5 via an HTTP POST (Webhook) in JSON format. Additional Note: The study should allow adding any modifications in the future and provide clear insights into the alert points in Sierra Chart. 1. Data Flow Diagram
MT5 Expert Advisor Development Project Overview I am looking for an experienced MQL5 developer to build a custom MetaTrader 5 Expert Advisor based on a grid-cycle trading framework. This is not a standard grid EA . The system combines: Session-based trade initiation Multi-filter signal generation Dynamic grid management Advanced basket management State-machine-driven trade lifecycle management Dynamic take-profit
I have a MT5 Hull MTF Indicator that I like. I would like someone to add: 1) Time of day function (with start time and end time) so that it does not send messages during my night time. Default Start=0900 Default End=2300 2) Add to the Message (sound and email): so that it is Symbol+Buy-Or-Sell+Ask-OrBid Price+TimeFrame1 "/" TimeFrame2 I will send the indicator to the developer. Thank you
MT5 Expert Advisor (EA) Acquisition Request – Proven XAUUSD Martingale / Grid EA I am looking to purchase a fully developed, actively traded, and proven MT5 Expert Advisor for XAUUSD (Gold) that uses Martingale, Grid, Averaging, Recovery, or Hybrid Recovery techniques. Mandatory Verification Requirement To be considered, please provide: - MT5 Investor Password (Read-Only Access) for verification - Account Number /
Looking to buy profitable MT4/MT5 Expert Advisors (EAs). Requirements: • Fully automated • 6+ months backtest • 100+ trades • No martingale or grid systems Send: • Backtest report • Max drawdown • Markets traded • Brief strategy summary Only original EAs developed by you. Long-term collaboration available
Live chart [ expert is not executing trades on xauusd ] , Deleting Existing Parameter not in use , Live Chart Adjustments Only , No Need to Change anything else , expert will be live testing Throughout
Prepare expert for xauusd live chart [ expert is not executing trades on xauusd ] . Deletion and cleaning code . Trailing Stop Rule to follow the given method . Live Chart Only

Project information

Budget
40 - 50 USD
Deadline
from 5 to 14 day(s)