NEED A CHANGE TO AN EXISTING EA - ONLY EXPERIENCED DEVELOPERS WITH A GOOD COMMAND OF ENGLISH SHOULD APPLY

MQL4 Experts

Job finished

Execution time 6 days
Feedback from customer
Very impressed by Carlos's work. He's quick, efficient, good communicator and I look forward to working with him again on other projects.
Feedback from employee
Great customer who keeps the market rolling

Specification

I have an existing MQL4 EA that I need to enhance.  The original EA was coded by a very good developer who is no longer available.   

I need someone who will be able to understand the way the existing version works.   I have provided the following below:

  1. The original EA specification used by the developer to develop version 1.0 of the EA
  2. The developers description of the solution he coded for me
  3. The changes I need 

I will supply the code to the original EA once I choose the developer to do the job.   If you are good I will use you regularly to code other EAs for me

I need someone who is experienced, has a good command of the English Language who can review and understand this information I provide make the changes I need.

To be honest the original developer did most of the hard work so this will be a pretty straightforward job for an experienced MQL4  developer who knows a little bit about trading.

Please do not apply unless you have a significant amount of experience and a good command of the English language.   I have already wasted my time on a developer who said he was up to the job but delivered a hot mess of an EA to test.   

So further information is as follows:

1. The original EA specification used by the developer to develop version 1.0 of the EA

EA summed up in a few words.  I want an EA to accumulate positions in the direction I specify

 

So for example I want the EA to accumulate SELL positions on the US500 market at a gap of 10 points. 

 

So the EA activates and immediately opens a SELL position @4476 the market moves against me to 4486 and it opens another sell position, the market continues to move against me to 4496 and it opens another sell position 

 

Then my luck changes and it starts to sell off so the 3 SELL positions remain open and eventually hit profit, it will open the next SELL position at 4466 (10 points from the first trade) then continues to move in my favour opens the next one at 4456 - then changes direction again, maintains all existing trades and doesn’t open a new sell trade until it reaches 4506 (10 points from 4496).

 

So taking the example above the trade structure would look like this:



EA SETTINGS

Magic Number

ORDER SETTINGS

Lots

Risk % of Equity (0=Fixed Lots

TRADES MANAGEMENT

  1. ACCUMULATION STRATEGY:  Sell or Buy
  2. MINIMUM GAP BETWEEN TRADES: X
  3. LOCK IN PROFIT % OF SUM OF ALL TRADES OPEN BY THIS EA: X% (IF 0 THIS FUNCTION IS DISABLED) - COULD DO WITH YOUR ADVICE WHETHER THIS IS THE BEST WAY TO LOOK IN PROFIT OR IF YOU THINK ANOTHER WAY IS BETTER ????
  4. MAXIMUM NUMBER OF SIMULTANEOUS OPEN TRADES ALLOWED: X (IF 0 THIS FUNCTION IS DISABLED)

SETTINGS TO BE ADDED TO COMMENTS 

G - GAP between trades

LI - Lock in % of Profits

MST- Maximum Simultaneous trades 

 

SETTINGS TO BE ADDED TO SCREEN INFORMATION

  G - GAP between trades

LI - Lock in % of Profits

MST- Maximum Simultaneous trades 

All time Profit & Loss

Day Profit & Loss

2. The developers description of the solution he coded for me


 

A couple of pointers to make things clear.

 

You'll see some visual aids on screen.

The colored lines mark median entry levels for each side. Calculation is made so that commission and swap are factored in, so it works even if you'll hold positions overnight, too, because those will get updated based on data that comes from the server (current prices and costs), not only the entry prices.

From the reference levels the trailing will eventually kick in to lock in profit once the price goes beyond them. The colored dots show you how far that trigger point is from the median entry price.

It's configured so that the trigger is 2/3 of the gap, whatever you'll be setting that to. The reason is that if the price goes beyond the first order placed, before placing a 2nd one, it should secure the one behind first. If that ratio would be bigger (more than the gap), you may end up with more positions stacked one on top of the others in the direction of a monster move, without having them secured, only to have them implode equally sudden.

The averaging magic happens on price retrace.

On bottom left you see how you stand at every moment. You get info about how many orders are active, on which direction, how heavy you're on every side and what the combined positions are worth on every tick.

You may choose from more than two (as specified) scenarios. You may trade one side only, both sides or neither of them. That may come in handy in the event you want to NOT enter any more trades on a particular direction and wait for them to close. Parameters may be changed on the fly. Default is "None", so make sure you change that while testing, otherwise you won't get any trades. It's not such a big head-scratcher, but you never know...

 

Other than that, everything else is pretty much self explanatory.

Let me know how it goes.

 

3. The changes I need 






Please let me know if you have any questions.


Thanks,

Mark











Responded

1
Developer 1
Rating
(219)
Projects
370
42%
Arbitration
145
17% / 41%
Overdue
124
34%
Free
2
Developer 2
Rating
(57)
Projects
72
22%
Arbitration
13
46% / 15%
Overdue
5
7%
Free
3
Developer 3
Rating
(15)
Projects
19
42%
Arbitration
1
0% / 100%
Overdue
3
16%
Free
Similar orders
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
Mt4/mt5 30 - 100 USD
i need a remote trade copier over internet for mt4 and mt5, i need the open source, its ok also from stratch or if you have someone available please share some screen or other about it

Project information

Budget
50 - 60 USD
For the developer
45 - 54 USD
Deadline
to 5 day(s)