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Create an EA based on coefficients of distance, lot size, and take profits

MQL5 Experts Forex Trading robot/indicator debugging

Job finished

Execution time 12 days
Feedback from employee
Thanks

Specification

Coding Skills Required:
  • Proficiency in MQL5, with specific experience in coding trading robots for MT5.
  • Ability to implement increasing coefficients for the distance between orders, lot size, and take profits of linked orders.

1. Project Objective:

  • Develop an automated trading robot for MetaTrader 5 (MT5) as per the specified trading strategy.

2. Trading Strategy:

  • The robot must execute a strategy that includes the following elements:
    1. Opening initial orders.
    2. Placing pending orders with an initial distance and proportional increase in distance and lot size.
    3. Management of linked order pairs.
    4. Exit strategy based on a regressive global take profit and a global stop-loss., and incresing individual profit
    5. Reset based on the total number of placed orders and after reaching a global profit.

  • The robot should:
    • Calculate and adjust the distance and size of pending orders using increasing coefficients.
    • Manage a regressive global take profit and a global stop-loss, and incresing individual profit
    • Track and reset the strategy based on the total number of orders placed and global profit achieved.



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Project information

Budget
80 - 100 USD
Deadline
to 2 day(s)