Trade Manager

Job finished

Execution time 5 hours
Feedback from customer
was willing to assist and help, really professional

Specification

  1. Manual Trade Setup:

    • You place a manual trade with a stop loss.
  2. Bot Logic:

    • If the stop loss of your manual trade is hit, the bot opens an opposite trade.
    • The stop loss for the new trade is the same distance as the first trade.
    • The size of the new trade is 4/10 of the risk of previous trade.
    • The target for the new trade is 3 times the stop loss distance.
  3. Risk Management:

    • The risk for each trade is set at 4/10 of the total loss.
    • The total loss is calculated based on the cumulative losses from all previous trades starting and including the first manual trade.
  4. Trading Limits:

    • The bot stops trading when the target is hit.
    • If the stop loss is hit, the bot continues opening trades following the same logic.
  5. Settings:

    • Risk-Reward ratios (for target): Default (1/3), 1/2, 1/1, 1/4.
    • Max number of trades: Default (7), 6, 7, 8, 9.
    • Max drawdown in %   (stop all trading if hit)


Note: I want the bot to be fast in his execution, but never 2 trade open at the same time















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Project information

Budget
40 - 75 USD
Deadline
from 1 to 3 day(s)