FreelanceSections

Money Management Code for Existing EA: Grid Trading, Sl, TP, Trailing Stop, Break Even

MQL5 Experts Statistics and mathematics Strategy optimization

Job finished

Execution time 15 days
Feedback from customer
Overdue, coder goes AWOL and blames the customer for not following a specification when infact the coder assumes a lot of things. do not recommend.
Feedback from employee
The specs and everything delivered is perfectly cleared!!.. idk what he meants again after delivering!!

Specification

Hi,

I have my own existing EA using my own entry strategy but would like someone to write money management code for it.

The code that is written for this request should be able to manage an existing trade or trades that my own code has started/placed.

For the request to be considered completed:
  • The code must be tested by myself
  • The code must be commented out for my understanding of how it works
  • The code must also be providedto me once completed and after testing
  • The code must work on Hedging and Netting accounts

Code Requirements are as follows, where all should be able to be configured within the GUI:

Grid Trading

  • Grid in loss or grid in profit
    • Checks for/Activates when an already existing trade is in loss or a profit (eg by Magic Number)
      • Loss or Profit amount for the grid to be activated should be configurable
    • Once activated it clears any SL/TP already set on the existing trade(s)
    • Able to set whether the grid in loss/profit acts in the same direction  as the existing trade(s), or acts in both directions. For example:
      • Same direction: Sell trade in loss, recover by placing sell trades only; or
      • Both directions: Sell trade in loss, recovery by placing buy AND sell trades
    • Lots increase by a multiplier to aid in recovery/profit and after a set amount of trades
      • These should be configurable

 

  • Grid Modes
    • Grid start and steps are Points or ATR based
      • Points should be configurable
      • ATR should be configurable (including the timeframe, ratio/multiplier)
    • Able to set/have a choice of only activating grid trades within daily PP/R1/S1 Pivot points, or even all pivot points, or even specify which one
    • Able to set the close of each set/batch/basket of grid trades in min profit (points/% of account/money)
    • Able to set the close of each set/batch/basket of grid trades in max loss (points/% of account/money)
    • Able to set the close of max 1 trade per candle whilst in grid mode

 

Stop Loss

  • Operates by Points or ATR
    • Points should be configurable
    • ATR should be configurable (including the timeframe, ratio/multiplier)

 

Take Profit

  • Operates by Points or ATR
    • Points should be configurable
    • ATR should be configurable (including the timeframe, ratio/multiplier)

 

Trailing Stop Loss

  • Start, Step and Min distance
    • All 3 should operate Operates by Points or ATR
      • Points should be configurable
      • ATR should be configurable (including the timeframe, ratio/multiplier)
         

Break Even Mode

  • Operates by Points or ATR
    • Points should be configurable
    • ATR should be configurable (including the timeframe, ratio/multiplier)

Thanks!

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Project information

Budget
30 - 120 USD
Deadline
from 1 to 10 day(s)