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How to Order a Trading Robot in MQL5 and MQL4
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Job finished
Execution time 3 days
Feedback from employee
very great client
Feedback from customer
Incredible fast and had no problems delivering the deliverables agreed upon. Will use him again for sure.
Specification
EA with hotkeys for managing trades with custom parameters that can be changed.
Parameters:
Position Size (in lots) (default value: 0.1)
Stop Loss (in pips) (default value: 10)
Take Profit (in pips) (default value: 20)
Use Automatic Trailing SL (Yes or No) (default value: No)
Trailing SL distance (in pips) (default value: 10)
Use Automatic Break Even (Yes or No) (default value: No)
Move SL to BE at RR (in RR) (default value 1.0)
Hotkeys and function of shortcut:
Listed below all the shortcuts required are listed.
L: Place Market Buy order with SL and TP
Place a long (buy) market order with an automatic position size, stop loss and take profit according to the values entered in the parameter setting. Parameters used: "Position Size", "Stop Loss", "Take Profit", "Use Automatic Break Even", "Use Automatic Trailing SL" and "Move SL to BE".
If "Use Automatic BE" is set to Yes, the SL should be moved to Break Even (BE) when price reaches the risk/reward specified in "Move SL to BE". So if the SL is 10 pips, the TP is 20 pips, "Use Automatic Break Even" is "Yes" and "Move SL to BE" is 1.0. Then the Stop Loss should be moved to the entry price once price reaches 10 pips above the entry price = 1.0RR.
If "Use Automatic Trailing SL" is set to Yes. The Stop Loss should be trailed using the value in "Trailing SL distance".
If "Use Automatic Trailing SL" is Yes and the SL is being trailed but one of the shortcuts that move the SL is being used, the trailing should stop and the action performed by the shortcut should take over.
Make sure to take different symbols (decimal spaces) into account when calculating the stop loss and take profit values. EURUSD and USDJPY will be different for example.
S: Place Market Sell order with SL and TP
Same function as for “L” but this shortcut place a short (sell) market order. Parameters used: "Position Size", "Stop Loss", "Take Profit", "Use Automatic Break Even", "Use Automatic Trailing SL" and "Move SL to BE".
C: Close all positions
Close all open positions, both long and short positions. Parameters used: None.
T: Activate Trailing Stop Loss
Activate Trailing SL for all open positions trailing the position with the value specified in the parameter "Trailing SL distance". So if price goes up 5 pips, the stop loss moves 5 pips closer to that price but the distance will be the pip value specified in "Trailing SL distance". Parameters used: "Trailing SL distance".
B: Move Stop Loss to break even (BE)
Move SL to break even for all open positions. Parameters used: None.
Q: Close 25% or 1/4 of all open positions.
Close 25% of all open positions. This should always close 1/4 of the open position every time it is used. Parameters used: None.
H: Close 50% or 1/2 of all open positions.
Close 50% of all open positions This should always close 1/2 of the open position every time it is used. Parameters used: None.
M: Move Stop Loss to Profit
Move SL to profit. Should be 25% of the SL. So if the SL is 10 pips this would result in moving the stop loss to 2.5 pips above the entry price (for long positions) and 2.5 pips below the entry price (for short positions). Resulting in 2.5 pip profit if SL is hit.
Comment:
All shortcuts can be changed if they are being used somewhere that I don't know about or if the combination doesn't work for some other reason unknown to me.
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