MT5 Semi Automated Grid EA

MQL5 Experts

Job finished

Execution time 8 days
Feedback from employee
An exemplary client: clear in expectations, respectful, and fair. Working with them was truly a pleasure. Thank you for this great collaboration!
Feedback from customer
Great experience! The project was done exactly as requested and exceeded my expectations. Fast responses and attention to detail. Highly recommended!

Specification

1. The EA would trigger the grid setup once specific lot size was opened (initiallot=0.12). If buy position was manually opened with 0.12 lot, the EA will place (i=1.1,1.2,1.3,1.4,1.5,1.6,1.7,1.8) 8 buy limit positions (could be more depending on input) with (step=100) 100 pips gap each. Otherwise, if i manually open sell position with 0.12 lot, sell limit positions will open.

Example: If I place buy position with lot 0.12 lots at 1.11000, it will open the following :

0.12 lot buy position at 1.11000
1.1 lot buy limit at 1.10900
1.2 lot buy limit at 1.10800
1.3 lot buy limit at 1.10700
1.4 lot buy limit at 1.10600
1.5 lot buy limit at 1.10500
1.6 lot buy limit at 1.10400
1.7 lot buy limit at 1.10300
1.8 lot buy limit at 1.10200

2. The EA should have TP and SL. Input TP (tp=500) and SL (sl=1000) would apply to the largest lot size open together with all the lot sizes below it. Once the SL and TP is hit, it will close all open positions and limit positions as well.

Example: If I place buy position with lot 0.12 lots at 1.11000, and the market trigger upto the 5th buy limit. 

0.12 lot open buy position at 1.11000
1.1 lot open buy position  at 1.10900
1.2 lot open buy position at 1.10800
1.3 lot open buy position at 1.10700
1.4 lot open buy position at 1.10600
1.5 lot open buy position at 1.10500
1.6 lot buy limit at 1.10400
1.7 lot buy limit at 1.10300
1.8 lot buy limit at 1.10200

Since the market open the highest buy limit position with 1.5 lot, the TP of 0.12,1.1,1.2,1.3,1.4,1.5 lot positions would be the same at TP=1.10500+500pips = 1.11000 and stop loss of all open buy positions would be SL=1.10500-1000pips = 1.09500
Once the market hit TP at 1.11000, it will close all 6 open positions and cancel all the 3 remaining buy limit positions.

3. The EA should have trailing stop. Input trail stop (trailstop=250) and trail step (trailstep=50). Once Trail stop is hit, it will also close all open positions and cancel all limit positions.


I am not sure how much would this cost but I am willing to add as long as my conditions are met, and if you initiated any add on features or strategy that would work. 



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Project information

Budget
30 - 100 USD