Recovery Zone Hedging EA

MQL4 Experts

Job finished

Execution time 2 days
Feedback from customer
Wonderful programmer, very fast, almost always online. I will hire him for further projects.
Feedback from employee
good customer and the potential for EA development is still broad

Specification

I need an EA that can do zone recovery trades at grid level I define. Its very popular strategy to recover a loss.

let's say I manually entered the market with a "buy market" position with 1 lots and stoploss is =200 points and TakeProfit=400 points.  Then I will attach your EA and EA will Cancel the stoploss and  EA places a pending "stop sell" order to hedge your position instead of a Stop Loss. 


At this point, two scenarios are possible:

Scenario 1: Market moves up (without reaching pending sell stop) and hits our Take Profit. The trade is closed and EA is expired.

Scenario 2: Market moves down and reaches pending sell stop. A trade to the opposite direction is opened with different lot size( I will define the lots of each grid in an EA setting). Again, for this order a pending order is placed hedging the new position. A new Take Profit is determined for all trades. This procedure is repeated with any change in market direction unless the Take Profit is hit and all trades are closed .

Workings:

1, I will place a trade manually with stoploss  so the entry price and stoploss price will be the grid level.

2, Then I will attach the EA and your job of the EA is to pick the existing trade then remove the stoploss from the trade I placed manually and instead of stoploss place pending sell stop order if the initial trade is buy or pending buy stop order if it is a sell order to kick start the grid.

3, Once the pending sell stop order or pending buy stop order is triggered then the grid is activated then EA will place buy stop or sell stop at each grid with take profit and stoploss for each order.

4, Once the grid is activated then the take profit of buy trades will be stoploss for sell trades and vice versa.

5, if the buy stop pending order is triggered then EA should place a pending order of sell stop at the opposite grid. ( that’s obvious)

6, I will define the value of grid lot sizes ( give me option for 10 grids).

7, I will also define take profit in related to grid size. Let say if the grid size is 10 pips then the take profit will be 20 pips that is 2x. Give me the option to define the value in accordance to grid size.

8, Once the tp on either side is hit my whole basket of trades are closed and EA should close.

9, I would need a friendly dashboard where I could see the lot sizes of each grid etc.


Responded

1
Developer 1
Rating
(287)
Projects
359
29%
Arbitration
37
27% / 65%
Overdue
10
3%
Working
Published: 10 codes
2
Developer 2
Rating
(85)
Projects
175
44%
Arbitration
3
100% / 0%
Overdue
5
3%
Free
Published: 1 code
3
Developer 3
Rating
(16)
Projects
35
23%
Arbitration
4
0% / 50%
Overdue
2
6%
Working
4
Developer 4
Rating
(319)
Projects
573
35%
Arbitration
83
31% / 45%
Overdue
207
36%
Working
5
Developer 5
Rating
(169)
Projects
204
30%
Arbitration
25
40% / 44%
Overdue
12
6%
Free
6
Developer 6
Rating
(50)
Projects
64
20%
Arbitration
11
27% / 55%
Overdue
5
8%
Free
7
Developer 7
Rating
(83)
Projects
97
32%
Arbitration
9
22% / 56%
Overdue
5
5%
Working
8
Developer 8
Rating
(75)
Projects
80
6%
Arbitration
46
11% / 54%
Overdue
7
9%
Working
9
Developer 9
Rating
(334)
Projects
544
67%
Arbitration
53
21% / 40%
Overdue
169
31%
Free
Published: 1 code
10
Developer 10
Rating
(499)
Projects
744
56%
Arbitration
48
31% / 31%
Overdue
120
16%
Free
Published: 1 code
11
Developer 11
Rating
(12)
Projects
14
29%
Arbitration
2
0% / 0%
Overdue
0
Free
Similar orders
Laily Mahmudy 100000+ USD
Thank you very much and of trying supporting and helping for us and my investfolio portfolio id is:"investfolio portfolio masoudahg1 id is":"7Zk0iVh7zuytHkQ9OJSzeY" &"35VmgKWofZxWowQ7O6CL8K" https://leylimahmudi46.atlassian.net is my Atlassian programing that when I working of this programs
Hi there I need someone who will create an ea then test it .. the ea should only place order on the bid price of it breakout in 1 point using invisible buy and invisible sell,, example if bid breakout in 1 point up automatically invisible buy active then invisible stop loss at where the ask price was same in sell If the bid breakout in 1 point down automatically invisible sell active then invisible stop loss where
I’m looking for an experienced MT5/MQL5 freelancer to help install and configure several existing EAs on IC Markets MT5 accounts using a Windows VPS. The work will include setting up the EAs on separate demo accounts and later running several together on one account with different risk settings. I also need help with MT5 backtesting and strategy optimisation, including comparing different risk levels and reviewing
I am looking for someone to build me a modular auto trader in Sierra chart and an Innie builder so that I can replicate my current Algas that I already have built. I've sent examples below can you please let me know how much you would charge me. I'm pretty good at building the signals myself but I do not know how to build the ocos order entry and I'm trying to get quotes and go with the person who seems they can help
i need price action and candle logic understand programmer need for this job... first understand logic and interested please message .... first understand logic and interested please message .... 2 types of hedge entry conditions: 1 is candle based 1- when i start point ea hh candle buy entry, after ll made 2- below the previous candle hedge sell order 3- if market goes again hh, if sell order profit book again
Ea which is based on the price returning to the open or close of a 1-minute candle or zone of candles. panel on chart need too have buttons : trainding on/off close all close profit add buy stop add buy limit add sell stop add sell limit ( all to existing setups) calculating profit/loss for a single open setup and in total in account currency calculating profit/loss for a single open setup and in total in percentage
Hi, I’m looking for an experienced MQL5/MT4 developer to work on a trading BOT project. I currently have an MT4 demo environment with IC Markets for testing, but the complete strategy specifications have not yet been provided. I’d like you to first review the available project/BOT information and let me know what you would need to configure, develop, and properly forward-test it. The testing should cover entries
PEACE BOT 30+ USD
#property version "2.10" #property description "Chizzy Trend Rider - HFM-ready (hedging/netting safe)" #include <Trade/Trade.mqh> CTrade trade; //================ INPUTS =================// input double LotSize = 0.01; // Fixed lot (used if RiskPercent = 0) input double RiskPercent = 0.0; // Risk % of balance per trade (0 = use LotSize) input ulong MagicNumber = 220026; input ENUM_TIMEFRAMES TrendTF =
PRECISION ENTRY PRO EA V1 MT5 EXPERT ADVISOR REQUIREMENTS SPECIFICATION PROJECT NAME: Precision Entry Pro EA V1 PLATFORM: MetaTrader 5 (MT5) LANGUAGE: MQL5 1. PROJECT OBJECTIVE I want a simple, reliable and fully automated MT5 Expert Advisor based on the following trading concept: TREND → MARKET STRUCTURE → FIBONACCI RETRACEMENT → PRICE ACTION CONFIRMATION → ENTRY → STOP LOSS → TAKE PROFIT. The purpose of V1 is to
I need an MT5 Expert Advisor (EA) specifically for NFP news trading. Strategy: - Trade EURUSD during the US Non-Farm Payroll (NFP) release. - Automatically identify the NFP release time. - Place a Buy Stop above the current price and a Sell Stop below the current price shortly before NFP. - Adjustable distance from current price for both pending orders. - When one order is triggered, automatically cancel the opposite

Project information

Budget
100 - 150 USD
Deadline
from 1 to 2 day(s)