FreelanceSections

Hedge bot with dynamic lock and unlock functions MT5

MQL5 Experts

Specification

We are developing for Client the hedge bot with dynamic lock and unlock functions. 
Overall, in case of drawdown on main trading orders the bot should be locking the exposed positions and releasing them accordingly when the price comes back.
The scope for input table gives detailed instruction what the bot should be doing.
All requirements defined in the table should be ensured by the bot fully, with exact precision and execution reliability. Skips, gaps and approximations in functionality of the bot will not be accepted.



Mechanisms of security, preventing the bot from disfunction (alerts, additional safety measures) should be suggested by developer.
Some additional functionality might appear necessary to be added on later stage (like trade callendar, spread filters, indicator filters etc) It will be precised after the testing phase of the bot.

Additional suggestions for improving the efficiency of the bot hedging capacities will be welcome
The code should be structured in a way to be scalable, meaning that if we need to integrate these hedging functions to another code of main traiding EA it should be possible. Or if we need to build the main trading logic on this code later, it should be possible.
In visual testing mode the trading panel should be appearing, allowing to place buy and sell orders, as well as to close them, in order to observe fully the bot functionality in different conditions. The speed in visual testing mode should be reasonably high.
The bot should be able to apply the lock hedging for several traded pairs in parallel. In case if the bot should be launched on several charts in order to ensure multy pair support on the same account - it is acceptable.

The communication with developer during the development process by video conferencing will be required. The developer should have good communication skills in English or Russian languages.
Priority in selection will be given to the developer who has already develop similar hedging bot and can present the product before contracting the work
The input table shoul look as follows (Presented in attached Excel file as well)

1 Hedging directions Buy / Sell / Buy and sell
       
2 Percentage of hedge for lock (In case of 100%, if the total open position to be hedged (exposure volume) is 10 lots, the lock for 10 lots will be applied. In case of 150% the lock will be for 15 lots and respectively in case of 80% it will be 8 lots for lock.) Value, ex 120
       
3 Triger lock value . Once the draw down of a symbol goes over certain amount (or percentage of equity) Amount / % of equity
Triger level Value
       
4 Trail to Profit or Break Even . In %, points or amount. Meaning that in case if the price comes back the lock should be closed with profit (in %, amount or points. 0 will be for break even) no / % /amount / points
BE TP Level Value
       
5 Simple Take profit . Meaning that the lock will be closed once lock profit reaches certain % of equity, amount or points. no / % /amount / points
TP level Value
       
6 Trailing take profit . Activate trailing TP after certain distance with defined trailing step. Ex: after trailing distance of 100 points (or %) if it pulls back for a step of 10 points (or%) close the lock. no / % /amount / points
Trailing triger Value
Trailing step Value
       
7 Stop loss no / % /amount / points
SL level Value
       
8 Reopening of lock within a distance from the last close. If the draw down condition is still met, reopen lock after certain distance (in%, in points or additional DD of main position in amount ) from last close of lock (for the reason of stop loss, BE or TP) no / % /amount / points
Distance Value
       
9 Grid of progressive take profits. Grid for defined portion of total hedging position. Meaning that at every grid level, ex. 0.1% (or 50 points) of price move toward profit of lock,  X% of lock position (or x lots) will be closed for cashing out the partial profit s by partial close of main lock position. no / % /amount / points
Grid step Value
Portion of lock to be cashed at each level % / lot 
       
10 Close of all positions on a symbol (paire) in case of reaching certain net profit on Symbol (amount or % of equity) no / % /amount 
General TP level Value
       
11 Close of all positions on a given symbol (paire) in case of reaching certain draw down on Symbol (amount or % of equity) no / % /amount 
General SL level Value
       
12 Rebalance hedge position in case of increase of exposure while the lock is already on, meaning that If orders are added to the main exposure,the bot should check the balance and place additional lock within defined percentage. All Same conditions should be applied to the rebalancing order as to the main lock, including "Grid of progressive take profits"). Yes/no
Percentage of rebalancing coverage %
       
13 Parameters for trading panel in visual backtesting mode (if necessary)
       
14 Additional filters (callendar, spread filters etc will be added upon technical necessity)





Files:

CSV
Scope_for_Hedging_EA_MT5.csv
5.0 Kb

Responded

1
Developer 1
Rating
(13)
Projects
17
18%
Arbitration
3
67% / 0%
Overdue
0
Working
2
Developer 2
Rating
(66)
Projects
73
5%
Arbitration
33
15% / 36%
Overdue
6
8%
Working
3
Developer 3
Rating
(6)
Projects
8
25%
Arbitration
2
50% / 0%
Overdue
2
25%
Free
4
Developer 4
Rating
Projects
0
0%
Arbitration
1
0% / 0%
Overdue
0
Free
5
Developer 5
Rating
(55)
Projects
66
58%
Arbitration
1
0% / 0%
Overdue
0
Free
6
Developer 6
Rating
(7)
Projects
12
8%
Arbitration
2
0% / 50%
Overdue
4
33%
Free
7
Developer 7
Rating
(45)
Projects
91
13%
Arbitration
34
26% / 59%
Overdue
37
41%
Free
8
Developer 8
Rating
(568)
Projects
641
41%
Arbitration
23
52% / 30%
Overdue
46
7%
Working
Similar orders
Improving and Optimizing an existing code 50+ USD
As the title says. I'm looking for an experienced developer to improve and optimize an existing code created to pass a Prop Firm evaluation. I will only accept someone who believes can do it. The deliver job should be a clean code and optimized in order to meet the goal of it. If not - the job will be cancel with your consent or you can keep trying until you deliver what I'm looking for. So, read this lines carefully
Reverse engineering EA 30 - 100 USD
Hello all programmers, I need reverse engineering EA, unfortunately I have only .exe5 file so based on historical data you need to create a source of code or maybe you know another way
Thinkorswim thinkscript strategy development 30+ USD
Hi i wanted to see what you will charge me to make a simple indicator in TOS which i can plot on my activity and positions section. Firstly I want a custom column where we can calculate the difference between the trade price and the current price of a stock, or future or option. so we we have the value in that column. Example NVDA - Trade price 140 - Mark is 190 so this new colum will show +50 and option we bought at
A non indicator EA needed. 100+ USD
I want a scalping MT5 trading bot that will be placing trades without any signal indicator. Conditions will be as follows; it will be opening both buy stop and sell stop at the same time being separated by a gap of 20 points from the entry. If for instance a buy stop is hit, then the sell stop should be closed immediately, and a stop loss is placed immediately where the sell stop was. Ones the buying position gets
Anyone with a proven strategy? 34 - 680 USD
Looking to create a bot trading forex, stock or crypto. (Very flexible) Just need to show me how it's a winning track record with real past results to show, if you have a winning profitable strategy/bot please reach out
Charity EA 30 - 35 USD
REQUIREMENTS SPECIFICATION Using the 1-hour chart, draw a Horizontal Line at the opening price of the given candle and another Horizontal Line at the closing price of the same candle, then drop to 5-minutes chart and wait for the first candle to close. ENTRY CONDITION ONE: If that first 5-minute candle closes above the Upper Horizontal Line, enter a Buy trade. If it closes below the Lower Horizontal Line, enter a
MT5 - Multi Timeframe EA 30 - 200 USD
I would like to have an Expert Advisor created with the following parameters. This Expert Advisor should analyze the higher time frame and the medium time frame, and based on that, open positions on the lower time frame. For this reason, I would like to work with developers who have experience in multi-timeframe analysis. I have a PDF file that explains the entire trading logic. In addition, I have compressed the
Looking for Reliable MT5 EA with Verified Profits 50 - 100 USD
I'm interested in acquiring a reliable, consistently profitable Expert Advisor (EA) for MetaTrader 5 (MT5). The EA should be thoroughly tested both through historical backtesting and real-time live trading and built on a transparent, logical strategy rather than being a black box. I'm open to different types of trading approaches, provided they are stable, well-explained, and have demonstrated consistent performance
Ready-Made Profitable MT5 EA Wanted – Proven Results Only 50 - 100 USD
I'm looking to acquire a ready-made, consistently profitable Expert Advisor (EA) for MetaTrader 5 (MT5). The EA should be well-tested in both backtesting and live trading conditions and based on a clear, logical trading strategy (not a black box). I'm open to a variety of strategies as long as they are stable, explainable, and show consistent results
Profitable Automated Trading Bot (EA) for MT5 50 - 150 USD
I am looking for a profitable trading bot (Expert Advisor) for MT5. The bot should have: Consistent performance with proven backtest and preferably live results Strong risk and money management features Easy setup and user-friendly inputs Please share your proposals with details and pricing

Project information

Budget
50 - 200 USD
For the developer
45 - 180 USD
Deadline
from 1 to 3 day(s)