FreelanceSections

Straightforward Hedging EA Needed

MQL5 Experts Forex

Job finished

Execution time 23 hours
Feedback from customer
Top job, very happy with the EA and a very speedy service
Feedback from employee
Great working with you on this project, 5/5!

Specification

Request for EA Development: Straightforward Hedging EA Needed

I am looking for an experienced developer to create an Expert Advisor (EA) that automates a specific hedging process for trades on the same pair. Below are the key requirements:

  1. Hedging Trigger:

    • The EA should monitor the number of open trades in either the buy or sell direction.
    • I need the ability to set a parameter specifying after how many trades are open the EA should trigger a hedge trade.

  1. Hedge Trade Specifications:

    • The EA should open a hedge trade in the opposite direction.
    • I should be able to specify the hedge trade size as a percentage of the total lots already open in the original direction.

  1. Hedge Trade Closure:

    • The hedge trade should automatically close when all the trades that triggered the hedge (the earlier trades in the sequence) are closed.

  1. Additional Notes:

    • The EA will be working alongside another EA that opens the original trades, so the hedge trade logic should operate independently but in response to those trades.


The purpose of this EA is to manage risk by hedging a group of trades opened by a separate EA. Please ensure the EA is user-friendly with configurable parameters for trade count, lot percentage, and other relevant settings.

If you have experience creating similar systems, I’d love to hear from you. Let me know your approach and timeline for development.







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Project information

Budget
50 - 150 USD