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Execution time 1 day
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Exceptional developer. Delivered a flawless code module ahead of schedule. Deep understanding of complex risk logic. Highly recommended. Will hire again for the next phase immediately.
Specification
Project Overview:
We are seeking a highly skilled MQL5 developer to create a core, standalone Money Management (MM) module. This is *not* a request for a full trading strategy, but a fundamental safety component that must be mathematically precise and error-free.
The primary objective is to implement a robust FIXED MAX LOSS PER TRADE function, which is the cornerstone of our capital preservation strategy.
Phase 1 Requirements (Non-Negotiable):
1. Fixed Max Loss Guarantee (Core Function): The module must calculate the precise lot size for *any* given trade (BUY/SELL) based on two user-defined inputs:
* Input A (Safety): User-defined MAXIMUM DOLLAR/EURO LOSS per trade (e.g., $50, €100).
* Input B (Exit): The actual, dynamic distance to the trade's Stop Loss (SL) level in points/pips.
The resulting Lot Size must GUARANTEE that if the SL is hit, the realized loss is EXACTLY the value of Input A (Max Loss).
2. Precision Calculation: The calculation must accurately account for the instrument's Point Value (currency conversion) to ensure dollar/euro precision.
3. Broker Compatibility: The module must work seamlessly on ECN/STP accounts and accurately handle dynamic Stop Loss distances.
Key Developer Filter (Mandatory Question for Application):
* Crucial Test: We require an explicit confirmation that the developer understands that the Lot Size must be inversely proportional to the Stop Loss distance (i.e., a wider SL must result in a smaller lot size to maintain the fixed dollar risk).
* The Problem We Are Solving: The developer must confirm they understand that we are avoiding the fatal flaw in public EAs where "Risk %" is merely a Lot Multiplier unlinked to the SL.
Budget: $200 - $350 (Depending on complexity and developer rating)
Timeline: 5-7 Days for initial module delivery.
Next Steps: Please provide a brief explanation of how you would approach the lot sizing calculation (the formula/method you would use). We will only proceed with developers who clearly understand the FIXED MAX LOSS principle.
We are seeking a highly skilled MQL5 developer to create a core, standalone Money Management (MM) module. This is *not* a request for a full trading strategy, but a fundamental safety component that must be mathematically precise and error-free.
The primary objective is to implement a robust FIXED MAX LOSS PER TRADE function, which is the cornerstone of our capital preservation strategy.
Phase 1 Requirements (Non-Negotiable):
1. Fixed Max Loss Guarantee (Core Function): The module must calculate the precise lot size for *any* given trade (BUY/SELL) based on two user-defined inputs:
* Input A (Safety): User-defined MAXIMUM DOLLAR/EURO LOSS per trade (e.g., $50, €100).
* Input B (Exit): The actual, dynamic distance to the trade's Stop Loss (SL) level in points/pips.
The resulting Lot Size must GUARANTEE that if the SL is hit, the realized loss is EXACTLY the value of Input A (Max Loss).
2. Precision Calculation: The calculation must accurately account for the instrument's Point Value (currency conversion) to ensure dollar/euro precision.
3. Broker Compatibility: The module must work seamlessly on ECN/STP accounts and accurately handle dynamic Stop Loss distances.
Key Developer Filter (Mandatory Question for Application):
* Crucial Test: We require an explicit confirmation that the developer understands that the Lot Size must be inversely proportional to the Stop Loss distance (i.e., a wider SL must result in a smaller lot size to maintain the fixed dollar risk).
* The Problem We Are Solving: The developer must confirm they understand that we are avoiding the fatal flaw in public EAs where "Risk %" is merely a Lot Multiplier unlinked to the SL.
Budget: $200 - $350 (Depending on complexity and developer rating)
Timeline: 5-7 Days for initial module delivery.
Next Steps: Please provide a brief explanation of how you would approach the lot sizing calculation (the formula/method you would use). We will only proceed with developers who clearly understand the FIXED MAX LOSS principle.
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Project information
Budget
150 - 250 USD
Deadline
from 5 to 10 day(s)