A Hedge EA

MQL5 Experts

Job finished

Execution time 6 days
Feedback from employee
Patient customer. Took time to explain every detail. Made workflow smooth.
Feedback from customer
Fantastic freelancer! Knowledgeable, patient and courteous Would definitely use again

Specification

Hi

I need someone to develop a Hedge EA with specific actions once the maximum number of trades is reached before TP

The input would determine the maximum number of hedge before the specific actions take place

As an example if the maximum number of of trades is 3 and the hedge mutiplier is 3

  1. Initial trade(Buy): 1 lots
  2. Hedge (Sell): 3 lots (1x3)
  3. Hedge (Buy): 9 lots (3x3)

Then the maximum trades number is reached - no more trades would be placed and the system would simply wait for the TP to close

  1. If the trade goes in the Buy direction and hit tp - All trades close in profit - End
  2. If the trade goes in the Sell direction and hit Stop loss - Close both the initial trade and the first hedge (1 lot + 3 lots) in profit
  3. Remaining open trade (9lots) 
    • Remove the SL
    • Place a trade (BUY) at the SL/TP level as per step 2 above with a TP at the level of remaining trade so when that trade hit, both can close
Don't wait for this the remaining trades and its subsequent trade to close, start a new cycle immediately

Inputs should be:

  1. Initial Trade Direction:
    • Initial Lot Size:
    • Take Profit:
  2. Hedge Gaps:
    • Hedge Multipliers: Two options (Multiple or Customs)
    • Stop Loss/Hedge Take profit:
  3. Max Number of Trades:
  4. Direction of Trade if open trades remains:
    • Lot size of remaining trade hedge:

Kindest Regards








































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Project information

Budget
50+ USD
Deadline
from 3 day(s)