Amend current EA to build in take profit and stop loss in total for the EA in equity

MQL5 Experts Scripts

Job finished

Execution time 5 days

Specification

Hi there

I have an EA (Send Buy & Sell - attached) that I want to make a change to.

This EA allows you to place 2 trades on the same currency pair in different directions (buy and sell) at the same time. For each of the trades (buy and sell side) you can place a limit and stop in pips.  

I want added to that a stop loss and limit in value / equity / deposit currency for the 2 trades combined. 

 

So I will have the option to choose a stop loss or limit for each transaction as it is currently OR

the option to type in the stop loss in $ (equity) terms for the combined loss for the 2 trades and type in the target combined limit (profit) in $ (equity) terms.

e.g. I choose to type in the stop loss - lets say -$500 and the limit +$750.

Both the long and short trade is closed when the combined profit on the 2 trades reaches +$750 or the combined loss on the 2 trades reaches -$500.

 

Why:

 I want to increase my trading volume but keep my overall leverage low (i.e. buy 20 lots and sell 19 lots = effectively 1 lot in the market). The variable spreads however means I need to close both the long and the short trade at exactly the same time in order to keep my effective leverage low and not risk an overleveraged naked position.  

Files:

Responded

1
Developer 1
Rating
(1156)
Projects
1462
63%
Arbitration
21
57% / 10%
Overdue
43
3%
Free
2
Developer 2
Rating
(25)
Projects
36
17%
Arbitration
14
14% / 57%
Overdue
3
8%
Free
3
Developer 3
Rating
(49)
Projects
74
18%
Arbitration
30
17% / 53%
Overdue
31
42%
Free
4
Developer 4
Rating
(647)
Projects
1295
67%
Arbitration
84
26% / 49%
Overdue
338
26%
Free
5
Developer 5
Rating
(772)
Projects
1039
44%
Arbitration
50
8% / 50%
Overdue
116
11%
Free
6
Developer 6
Rating
(68)
Projects
111
26%
Arbitration
17
6% / 71%
Overdue
15
14%
Free
Published: 9 codes
Similar orders
Close Vol (%N): Closes half (or any percentage you want) of the lot size of your open positions. For example, if you have five open orders of 0.06 lots and want to close half of each, you simply click it, and it will close the specified volume from each individual order. Close Order (%N): Closes half (or any amount you want) of the total number of your open orders. For example, if you have ten open orders and want to
I need a professional MQL5 developer to build a fully automated Expert Advisor (EA) named " Hassanien Daily Breakout ". The EA is based on daily price levels and specific execution times. ​ Technical Specifications: ​ Time Settings (Iraq Time - GMT+3): ​ Execution Time: 10:00 AM. ​ Full Clean-up Time: 10:50 PM (Close all open positions and delete pending orders). ​ Entry Logic: ​ Case 1 (Pending Orders): At 10:00 AM
Hi basically I'm wanting an already made EA scalper that's constantly in and out of trades on the M1 time frame that has good risk management. It knows what it's doing. Most of its trades are profitable and that can start with $100. I am willing to pay up to $1500 for the right scalping bot. If you please have one and you're very confident in it, please allow me to use a live version to see how it does and if I'm
Need an trailing SL manager which can work with my all open trades (trades may be multiple), Put a fix SL based on entry price and then trail my strictly in my favoured direction, Initial SL shud be confiurable via a small dashboard
Pip killer ntt 100+ USD
Create a forex robot especially for sculping using the 3 ema strategy which consists of the following moving average levels of the 15 ma ,30 ema , 60 ema and 90 which enter potentially on a retest into the ema and targets opposite direction after the retest .Potentially bringing into account that the number of retested emas controlls the number of entreis which for eg. retest of the 15 ema single 0.01 trade is
Need to improve logic in existing coding for Range breakout/breakin EA 1) for timing range like 1am-10am Asian Range with max entry per session like London 1-2 times max entry 10-4pm & US session timings 1-2 entry 4pm - 8pm or 2) candle high low range eg 4pm to 4:30pm - entry logic eg mark 30min candle high low range as given in attached picture with buffer if required to show entry , SL & TP in trade/backtest mode
Make a Robot for mt5 using supertrend indicator for entry in trade with period 2 and multiplier 1.1 using Heiken Ashi candle also with martingle of 2 with maximum step for martingle is 15 step until profit reaches double of total loss. Select time frame 1 minute.Always close the previous trade if in loss then take next trade with martingle of 2 of previous lot in loss. All parameter have the option to change it
Robot que combine 2 indicadores en la ejecución automatica: 1 el Gann High Low y el Donchian Channel (DC) ACTIVO: XAU/USD EN UNA HORA PARA EL DC: período DC = 55 velas displacement/shift = 1 Mas Detalles en este video : https://youtu.be/3jI3cZY89T4?si=YEZAkMvWiq9O8-u9
Hello, I need an Expert Advisor for both MT4 and MT5 based on a recovery/grid trading strategy. Strategy Logic: User manually opens either a Buy or Sell market order. Once the first trade is opened, the EA automatically places an opposite pending order at a user-defined distance. If the pending order gets triggered, the EA places another opposite pending order at the original order price. This cycle continues
📌 Project Overview: I need a full Smart Trade Management System for MetaTrader 4/5. This is a complete trading ecosystem, not a simple EA. 📌 Core Features: Smart Money Management (risk-based lot calculation) Advanced Trading Toolbox (TradingView-style drawing tools) Central Master Dashboard (risk, filters, account control) Multi-account monitoring (MT4/MT5 synchronization) Real-time monitoring (spread, equity

Project information

Budget
10 - 30 USD
Deadline
from 1 to 5 day(s)