Incorporate hedging into an existing EA

MQL4 Indicators Experts

Specification

My existing EA trades in a single direction. I would like to add hedging to the strategy.

A hedge can be opened when a reverse signal is generated & the EA should manage the open trades ( both side trades ).

1st Trade ( T1) ( parameters already defined in the EA ) eg. 1 lot. When a the indicator signals a reverse trade, a hedge trade is opened ( Hedge trade ( HT1 ) lot size = T1 +T1. When a second trade signal is generated, T2 should be opened ( lot size is HT1+ T1 = 3 lots in this example ).

HT2 lot size = T2 + T1

T3 Lot size = H2 + T1 and so on 

All trades/hedges are opened based on signal generated. Since the initial trade and subsequent trades are already defined in the EA, only the hedge trades & sequential trade sizes need to be added.
An option for hedging ( true/false ) should be added. If hedging option "false" is chosen, then the current lot sizing shall continue. If hedging option is "true", then the above mentioned lot sizing shall take over.
When the predefined target is met, all trades should close. The EA has a trailing stop function which should then be able to trail in both directions ( there is always a direction bias as per lot sizing ).
EA will be shared directly with freelancer


Responded

1
Developer 1
Rating
(204)
Projects
208
28%
Arbitration
0
Overdue
3
1%
Working
2
Developer 2
Rating
(597)
Projects
930
46%
Arbitration
31
39% / 29%
Overdue
93
10%
Free
3
Developer 3
Rating
(21)
Projects
35
54%
Arbitration
8
63% / 38%
Overdue
1
3%
Free
4
Developer 4
Rating
(63)
Projects
90
52%
Arbitration
10
40% / 30%
Overdue
8
9%
Free
5
Developer 5
Rating
(11)
Projects
13
23%
Arbitration
6
0% / 83%
Overdue
2
15%
Free
6
Developer 6
Rating
(379)
Projects
407
70%
Arbitration
3
100% / 0%
Overdue
2
0%
Loaded
7
Developer 7
Rating
(66)
Projects
143
34%
Arbitration
10
10% / 60%
Overdue
26
18%
Free
Similar orders
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
good day i have an indicator but need the source for this reason The indicator only work on a single Time frame open trade, and close with only a single TF i will like the indicator work on multiple time frame just like other installed indicator My coder said the reason it cannot work like other indicator installed is because it has no buffer First confirm if you have the source code because its a popular indicator
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
Hello developers, I would like to hire someone can convert the Radar Signal indicator: https://www.youtube.com/watch?v=5DmKcy7rb-U&nbsp ; to it's TradingView equivalent. Radar signal indicator is the combination of 7 classic MT4 indicators. They include ADX, RSI , CCI , OsMA, ATR, WPR. The indicator shows the values of these indicators in blue and red. Red color indicates a bearish market condition and the blue shows
Hi , i want a indicator that shows the trades history on the chart, just for current day, like : first trade : -54 Second trade : -52 Third trade : +126 , and after three trades, display "No more trades"
Hello i need someone who can convert a trading view indicator into an mt5 indicator that can work smoothly also need to add an alert on the indicator i will require to test the indicator run it for 1-2days to confirm all is okay thank you
Here's a clearer step-by-step guide to checking the last 50 candles on your chart and applying Fibonacci retracement levels based on their colors: Identify Candle Color: Start from the 100th candle from the left on the chart and check its color. If the 100th candle is green (i.e., the close is higher than the open): Draw a Fibonacci Retracement: From the highest price to the lowest price of this candle. Check the
Here's a clearer step-by-step guide to checking the last 50 candles on your chart and applying Fibonacci retracement levels based on their colors: Identify Candle Color: Start from the 100th candle from the left on the chart and check its color. If the 100th candle is green (i.e., the close is higher than the open): Draw a Fibonacci Retracement: From the highest price to the lowest price of this candle. Check the
I have an equity reporter. This equity reporter displays the maximum and minimum equity reached over a specific interval. So, if the interval is set to 24 hours, the script will generate data in the format: "Profit ATT" (profit AtThatTime) shows max./min. during the specific interval This specific report shows data in pips. It can also be set to display in price or percentages. The interval is also easily adjustable
I want you to make me an indicator in Training View. Its idea is very simple, and I want it to have an alarm. Here's a clearer step-by-step guide to checking the last 50 candles on your chart and applying Fibonacci retracement levels based on their colors: Identify Candle Color: Start from the 100th candle from the left on the chart and check its color. If the 100th candle is green (i.e., the close is higher than the

Project information

Budget
30+ USD
For the developer
27 USD