ADD & AVG Trade Manager

Experts

Job finished

Execution time 50 days
Feedback from employee
Good Customer. Look forward to next job.

Specification

Hi, I am looking for an EA for MT4 as follows:

·             EA works in 2 modes:

·        Trade Manager (TM) – 1st trade is manually opened (“Original trade”), then EA just manages the trade

·        EA - 1st trade done by EA based on defined criteria of indicators and afterwards EA manages the trade the same way as TM

·             TM/EA works:

·        after each candle EA check fulfilment of condition for opening new trade. Conditions are based on distance from previous price, no indicators

·        open new trade, if conditions are fulfil

·        increase lot value for new AVG trades (use multiplicator)

·        values of portfolio TP is in deposit currency (USD, EUR) for the portfolio – EA must continuously calculate actual profit/loss

·             TM/EA opens all trades in the same direction as is the Original trade

·             TM/EA works in 2 phases:

·        ADD (Adding) – when price go in the same direction as the original trade and pip difference between original trade and actual price is bigger than set ADD_PipDistance, than open new ADD trade (and as option place BE to last open trade)

·        AVG (Averaging) – when price go opposite the original trade and pip difference between original trade and actual price is bigger than set AVG_PipDistance, than open new AVG trade 

·             All portfolio trades will be closed when defined profit is reached (value in deposit currency) - close all trades. 

More detailed description attached. 

 Thanks

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Project information

Budget
50 - 100 USD
For the developer
45 - 90 USD