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Trend Based Grid EA

MQL4 Experts Forex Trading robot/indicator debugging Statistics and mathematics

Specification

The strategy begins by placing orders in both directions (BUY & SELL) simultaneously. Then, for each upward or downward price movement, an extra order is added in the corresponding direction. For example, an additional BUY order is added when the price moves above the initial BUY order, and an additional SELL order is added when the price goes below the initial SELL order.

When the price retraces by a certain number of pips ("backstep"), the strategy closes at least two or more as per closing strategy. Here it will open new Buy and Sell both orders if condition met.

Lot Mode will be Fixed or auto lot, with martingale functionality. 

It also have basket profit, Maximum equity loss, News filter functions.

It has two type of closing strategy. one is for average profit calculation and another is based on last position's back step pips.

Only experienced person who worked for same type of EA will get priority.
 
After completing the job I need source file.



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Project information

Budget
50 - 110 USD
Deadline
to 3 day(s)