Supertrend EA - Martingale system

MQL5 Experts

Job finished

Execution time 20 hours
Feedback from customer
Very good and very fast. We will continue together.

Specification

Hello everyone.

Strategy Overview:
  • The bot uses the Supertrend indicator to generate trade signals (buy or sell).

  • Upon receiving a signal, the bot places limit orders at specific predefined levels.
    (These level rules will be detailed in a document provided after selection.)

  • The bot includes user-defined Risk/Reward ratio input.
    Example: if R:R is set to 2, then Take Profit = 2× Stop Loss.

  • The user also defines risk per trade as a % of account equity.
    Example: setting risk to 1% means a full trade loss costs 1% of capital.

  • ✅ If a trade wins, the next trade continues at the same fixed risk.

  • ❌ If a trade loses, the bot enters Recovery Mode:

    • It calculates the exact amount needed to recover the loss, and

    • Adjusts the next trade’s size to achieve this using the fixed R:R ratio.

  • Example:

    • 1st trade: loss of 1%

    • 2nd trade (to recover 1% at R:R 2): risk = 0.5%

    • If the 2nd trade loses too → total loss = 1.5%,
      → next trade risks 0.75% to recover both losses.

  • We have a max drawdown cap. Ex: At 10% drawdown, we close and we restart with our initial first risk trade (1%).

I neeed to find someone that i will be able to continue with. It's just the base of the V1 but we have 10000+ others ideas to add on it for next jobs. 

Thanks. 

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Project information

Budget
60+ USD
Deadline
to 5 day(s)