CREATE AN EA TO TRADE ON 2 POSITION/ PRICES USING A SIMPLE LOGIC

Specification

Hello Everyone,

I want to create an Expert advisor with a simple logic of taking trades at a specific price position over a period of time with a capability of increasing the lot size if the bid closed at a loss from the initial position.

So what happens is that at beginning of installation, the market identifies the high price and low price position after the installation. It then uses a gap position (in real price) to lock the market up as a BUY and SELL position.

After identifying the 2 positions (BUY and SELL), then the bid will activate at the position and then starts taking the bid at the position and then if the bid closes at a loss, it will retake the bid again but with an higher lot size either at same side or at the opposite position.


So For Example if price is installed when the price is at position A, then market reaches the HIGHEST position and then falls downwards to get to the Gap and then locks the 2 positions labelled 1. And then it takes a SELL at the lower position or a BUY at the higher position. However if market is volatile and goes again to the opposite side after activating, it will close the old bid iat a minimal SL and retake the bid when market goes outside the 2 lines in Position 1, but will increase the lot size of the new bid. The condition of increasing the lot size will be a variable as a multiplier or an addition.

For example if bid is at the lower side at position B and price moves upwards to reach the gap between the lowest and the next line upwards, the EA locks up the 2 prices at line 2 and then begins to trade as a BUY at the higher price or a SELL at the lower price, also using the multiplier and a SL that can be adjusted to close below the entry point at the minimal loss for a BUY, or above the entry point for a minimal loss for a SELL.

The EA will show on the screen the highest and lowest price position after installation and the date and time of position like below sample



The Variables will include

Gap (in Prices), start lot size (from 0.01), Multiplier/Addition variable, Risk multiplier (this will reduce the SL value as the number of bid position increases), Stop Loss (SL) and Take profit (TP).

Once the 2 Price positions are achieved, it will show on the screen as the BUY and SELL position in prices and also the time range of the position.

If bid reaches the TP position, it will restart itself again afresh, but if it closed at SL, it will continue to retake the bids at the same price position established with the previous bid.

 

I can give more clarity and show more visual scripts to clarify any area of the description.

The EA will have to be tested for up to 10 days to close the job and then additional support will need to be provided for up to 2 Months after completion in case of any area that needs revision.

EA should be able to be applied to indices, currecies or products like Gold, Silver etc

Source code will be provided at end of project.

Only immediately available and experienced programmers should bid for the job.


Responded

1
Developer 1
Rating
(25)
Projects
34
26%
Arbitration
4
50% / 25%
Overdue
4
12%
Free
2
Developer 2
Rating
(50)
Projects
64
20%
Arbitration
11
27% / 55%
Overdue
5
8%
Free
3
Developer 3
Rating
(329)
Projects
515
19%
Arbitration
35
46% / 31%
Overdue
34
7%
Working
4
Developer 4
Rating
(5)
Projects
5
0%
Arbitration
0
Overdue
0
Free
5
Developer 5
Rating
Projects
0
0%
Arbitration
0
Overdue
0
Free
6
Developer 6
Rating
(16)
Projects
35
23%
Arbitration
4
0% / 50%
Overdue
2
6%
Working
7
Developer 7
Rating
(1)
Projects
0
0%
Arbitration
1
0% / 0%
Overdue
0
Free
8
Developer 8
Rating
(70)
Projects
91
25%
Arbitration
26
19% / 54%
Overdue
25
27%
Free
9
Developer 9
Rating
(33)
Projects
35
20%
Arbitration
5
40% / 40%
Overdue
0
Free
Published: 1 code
10
Developer 10
Rating
Projects
4
0%
Arbitration
2
0% / 100%
Overdue
2
50%
Free
11
Developer 11
Rating
(162)
Projects
289
35%
Arbitration
18
22% / 61%
Overdue
43
15%
Free
12
Developer 12
Rating
(85)
Projects
175
44%
Arbitration
3
100% / 0%
Overdue
5
3%
Free
Published: 1 code
13
Developer 13
Rating
Projects
0
0%
Arbitration
1
0% / 100%
Overdue
0
Free
Published: 1 code
14
Developer 14
Rating
(69)
Projects
146
34%
Arbitration
13
8% / 62%
Overdue
26
18%
Free
Published: 6 codes
15
Developer 15
Rating
(319)
Projects
574
35%
Arbitration
83
31% / 45%
Overdue
207
36%
Free
16
Developer 16
Rating
(1)
Projects
1
0%
Arbitration
1
0% / 0%
Overdue
0
Free
Similar orders
Forex Hunter MT5 30 - 250 USD
ثبت طلبك في مواصفات البوت الثاني كذا: الجودة والأمان أهم من السعر، وما يدخل إلا إذا الفرصة قوية، مع حماية عند الخسائر وانقطاع الاتصال وارتفاع السبريد، وتشغيل مستمر على سيرفر، مع اختبارات إلزامية قبل أي تشغيل حقيقي. بهذه الصيغة يصير يشتغل وأنت مرتاح بالِك، لكنه يوقف تلقائيًا وقت عطلة السوق أو أي خلل. بس أكون واضح معك: ما في بوت يضمن عدم الخسارة، خصوصًا بالمضاربات السريعة، هدفنا نقلل المخاطر ونمنع الخسائر غير المنضبطة
SMC Bot Creation 350 - 550 USD
Hello, I am interested in developing a professional MT5 Expert Advisor similar in functionality and technical sophistication to your reference product, Institutional SMC Robot: https://www.mql5.com/en/market/product/187011 I want to develop my own independent EA based on advanced Smart Money Concepts (SMC), with a strong focus on institutional price action, liquidity and market structure. The key functionalities I
Hello, I am an independent developer selling an Expert Advisor (EA) on the MQL5 Market. I am looking for an experienced Forex affiliate marketing company or professional marketer to promote my existing MT5 trading robot to customers worldwide. My proposed partnership offers a 35% commission per verified sale, with the possibility of a long-term collaboration. I would like to know: Do you promote third-party MT5
MarketMind Breakout Pro XAUUSD H1 — Donchian Breakout EA Project type: Personal EA development and backtesting Platform: MetaTrader 5 Instrument: XAUUSD Timeframe: H1 Strategy: Donchian Channel breakout with EMA 200 Project overview This project evaluates a Donchian breakout trading strategy for XAUUSD on the H1 timeframe. The system uses channel-based breakout conditions and an EMA 200 trend filter. Historical

Project information

Budget
30+ USD
Deadline
from 1 to 50 day(s)