Freelance service at MQL5.com: To Code MT4/MT5 Expert Advisor for GRID system

Description

Specification

I like to sincerely invite professional coders to write the EA for me.

I am willing to pay premium for proficient coder who is experienced in coding and trading.

Please do not bid if you are not able to understand my requirements.

Thanks!

Grid EA

either modify sample mq4 file provided or create new from scratch (mq4 file will be provided on request)

Requires MT4 and MT5 versions

Requires licensing

Need to code grid EA with the following specifications based on the my sample mq4 file as I have limited coding knowledge.

GENERAL INDICATORS AND PARAMETERS

1. Add in 2 x VWAP with the parameters:

Timeframe (eg: H1 AND M30 VWAP independent from current chart timeframe eg: EA using on M5)

Period (eg: 14)

Both VWAP able to display on chart

2. Average True Range (period/timeframe) - if EA attached to chart, ATR follow chart timeframe. Also able to select different timeframe for use on TP/SL

3. Auto News filter: Enable/disable close ALL orders x mins before high impact news.

After close orders disable autotrading

Disable/enable autotrading x mins before/after news

4. Trading hours - Individual days and time filter with individual days check box to enable or disable close orders at end of time filter.

Example format:

Monday 02:05 - 12:45, 17:00-21:59 close all orders before disabling autotrading yes/no

Tuesday 00:05 - 22:45 close all orders before disabling autotrading yes/no

Wednesday 06:05 - 23:45 close all orders before disabling autotrading yes/no

Thursday 03:05 - 21:45 close all orders before disabling autotrading yes/no

Friday 00:05 - 11:45, 14:25-18:59 close all orders before disabling autotrading yes/no

Saturday 00:05 - 23:45 close all orders before disabling autotrading yes/no

Sunday 00:05 - 20:45 close all orders before disabling autotrading yes/no

5. Auto GMT

6. Progressive Magic number and comments as number of positions increases.

7. Spread / slippage filter

We can select EA to work in either single or continuous martingale mode.
Single mode = only opens 1 trade at a time, no add on new trades when in drawdown.
Continuous martingale mode = able to open more trades when in drawdown with multiplier input and step distance input because trades are opened without any stoploss, only TP.
(Step distance can be fixed or based on ATR dynamically)

enable/disable Stoploss and Breakeven : activated when condition is met, but I can also chose not to activate or activate either SL or BE or both (martingale mode)

If we set a stop loss, it will only become valid when below conditions are met and no more new positions to be opened for that direction that is in drawdown.

VWAP trend change from sell to buy or price point based on previous day close.

Eg: when VWAP trend is sell, but it crosses to become buy trend, so the EA sell orders will kick in a stop loss basket for ALL sell orders or ALL orders or enable fixed stop loss /ATR stop loss / basket stop loss

ATR stop loss = From last opened position in drawdown, ATR value of (timeframe input) with/without multiplier price add on to last opened position.

Example: Last BUY position price opened US500 - 4300, ATR is 10 and multiplier 2. Stoploss at 4280 for all positions or positions in drawdown.

Fixed stop loss = fixed value in points from last opened position in drawdown. (meaning no more opening of new positions)

Basket stop loss = all sell positions stoploss in money value. or all buy positions stoploss in money value or ALL positions stoploss in money value.

Auto Breakeven = Breakeven is enabled together with stop loss automatically or disable to allow orders to hit TP or SL.

all sell positions breakeven in money value. or all buy positions breakeven in money value or ALL positions breakeven in money value.

We can select to close ALL orders when current equity crosses breakeven by 1 point or basket sell orders crosses breakeven point by 1point

Account management:

Drawdown based on balance of yesterday closing balance in money value or %

Daily total profit in money value, resets each day at server time 00:00

close orders and disable autotrading on reaching DD or target daily profit. Resets on each day server time 00:00

Total Equity Trailing stop

MAIN CRITERIA FOR TRADING

EA will only open new position based on the following criteria:

1. Fast VWAP above slow VWAP = Buy only

2. Fast VWAP below slow VWAP = Sell only
OR Price candle above fast VWAP only = BUY, OR price candle above slow VWAP only = BUY and vice versa
(Selectable options combinations above)

3. Execute buy order only on red candle close or next candle open in which it's high/low/open/close(selectable) equal to or exceed previous candle ATR with multiplier or fixed points AND previous order position price exceed previous candle ATR or fixed points with multiplier

4. Execute sell order only on green candle close or next candle open in which it's high/low/open/close(selectable) equal to or exceed previous candle ATR with multiplier or fixed points AND previous order position price exceed previous candle ATR or fixed points with multiplier

5. If it is the first order, ignore parameter: "AND previous order position price exceed ATR with multiplier"

6. Enable/disable Execute order as limit order at bid for buy or ask for sell or as market order

7. Enable/disable wait for better price value in points based on EA original execution price.

8. When TP/SL price is within the middle/bid/ask of spread execute order without waiting to reach TP/SL (selectable bid/ask/mid)

Example: Sell position TP price of US500 = 4300.40 and spread is 50points. Bid/Ask 4300.15/4300.65 execute at 4300.65 before it reaches 4300.40

or if bid reaches 4300.40, we can enable to execute close as well.

9. Distance to open next order can be fixed points or based on ATR(selectable timeframe) with/without multiplier of current candle

(continuous martingale mode)

10. enable/disable lot size multiplier (martingale mode) or fixed lot size (both modes) and also max lot size (martingale mode)

11. Enable/disable open only max 1/2/3 orders by candle timeframe. Eg: Even if we are using EA on M15, we can select to open only 1 order using M30 or H1 or other timeframe candle

12. Able to input breaktime after recent order closed.

13. When trend changes from buy to sell, we can select to allow EA to only open new trend direction positions even when the old trend positions are still open or wait until previous trend orders are closed by SL/BE/TP/manually.

TP/SL/BE mode:

Individual Fixed points TP/SL/BE for each position (independent TP/SL) - Single mode

Individual TP/SL/BE based on ATR multiplier for each position independently.

(ATR value from the candle that order was opened or ATR value from another timeframe)

Basket TP based on money value as in sample mq4 in martingale mode

Basket TP based on fixed value in martingale mode

Basket stop loss in money value (when activated by condition below)

Basket Trailing stop (When in martingale mode)

Individual positions trailing stop (in both modes) if latest opened martingale position is closed by trailing stop but earlier basket positions not closed because TP not reached,
EA will continue to resume opening the same lot size of latest closed position if the price goes further in drawdown direction with the criteria met

Thanks for viewing!!

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Budget

150+ USD

Specification quality
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