Need Grid hedege EA

MQL5 Experts

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Execution time 9 minutes
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Specification

Inputs:

 

----------

 

 

 Start Time                  :   00:00:00

 

 

Lot size                  :  Fixed / Automatic

 

Fixed                     :

 

Automatic lot size , 0.01 for amount of  : 100

 

Stop loss                    :

 

   Take profit         :

 

 Trading  Grid levels :  5

 

No of Loops             :  5

 

Equity Protection  : 80%

 

 

Trading Session Repetition  : On /Off

 

EA  Name                :     (optional)

 

Specification:

 

1. **Core Strategy:** 

   - Place simultaneous Buy/Sell orders at market price on start time. 

   - Grid progression: New Buy/Sell orders triggered at each SL hit (forward only). 

   - Single hedge order if the market reverses to previous SL levels. 

 

2. **Key Features:** 

 

-  Trading Grid Levels = (Grid Distance = SL points) & No. of Loops = for order repetition. 

  Trading session repetition - ( ON/OFF)

 

3. **Risk Management:** 

   Exit  condition:    

   #1 Once reached Given Trading Grid  levels .

 

Place simultaneously Buy/Sell orders at market price on start time. Once market moved any direction  ,then any one of the position met stop loss , then immediately place buy and sell orders at market price( Each stop loss point is feel as Grid Distance level) ,so each and every stop loss hit place take immediately place both buy and sell orders at market price if  forward side, if market Once Returned backside if hit stop loss then place single hedge order (buy or sell) accordingly.  

1 Trading  grid level = Given stoploss pts ( Grid distance)

 

 

Core Strategy:

Example:-

            buy 1.10510 , sell  1.10500 in market price at given start time, with stop loss of 200 points(if I put 200 in stop loss column Input). If market moved upside once reached 1.10700 onwards ,then our sell order met stop loss,then immediately place buy and sell orders at market price with given stop loss, if market moved further upside once reach 1.10900 onwards  then our sell order met stop loss,then immediately place buy and sell orders at market price with given stop loss .

 If market get U Turn from 1.10700, to 1.10500 onwards then our buy order met stop loss ,then take sell order only in market price, not place buy order because we had existing buy order in same level( grid  level of 1.10510 aprx ), if market once moved 1.10300 down side onwards then buy order ( 1.10510  with sl of 1.10310 aprx ) met stop loss  ,then immediately place buy and sell (both order place ,due to forward  side) orders at market price .

  Trading grid  levels means : one trading level = stoploss points(1 grid distance) , if I give  stoploss is 200 points , then the one grid level =200 points ,this is each Grid distance , if I place    Trading grid level is 4 , then trade upto 4 grid levels ,once 4th grid level position  met stoploss , then close all position and exit. (that means reached upto 800 (4*200) pts in high - low distance)

 If I put 5 in No of Loops column place then take orders upto 5 times only at around same place area ,same order direction (Order Repetition).

 

If lot size is Auto mode ,then calculate lot size as per input settings  in before every new trading session start( not every order) , auto lot size  work with trading session wise not every orders, that means all orders are same lot size with in same trading session , once exited previous trading session , then change lot size (as per input settings) for  new trading session , what placed lot size in opening of new trading session it will continue same lot size in all orders until exit the current trading session .

 

 If  Trading Session Repetition is off mode ,then only one Trading session allowed per day.

If  Trading Session Repetition is ON  mode, then will continue trading session ,once exited previous trading session, in each and  every time  instantly (No gap)

 

 

 

 

 

 

 

 

 

 


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Project information

Budget
40+ USD
Deadline
to 2 day(s)