Build an MT4 Hedging Recovery EA

MQL4 Experts

Job finished

Execution time 8 days
Feedback from customer
Shukurjon has done an excellent job for me coding a Hedging EA for Metatrader, I received a high standard of work, good communication skills and a good understanding of trading.
Feedback from employee
Excellent customer, very patience!!! Thanks so much!!!

Specification

Hedging Recovery EA‭

Please create a Hedging Recovery trading EA with a similar trade recovery system to the enclosed‭ ‬‘Hedging Recovery.EX4‭' ‬Although this EA is locked and I do not have the MQL4‭ ‬version the EA operation can be observed in‭ ‬‘Metatrader Tester‭’‬ and by the EA‭’‬s input settings.‭ ‬Please do not include the various indicators in the EA as all trades‭ ‬would be placed by another EA or manually.‭ ‬I would also like to have the completed projects‭ ‬MQL4‭ ‬file.

Hedging Recovery EA‭ ‬–Trade strategy

The Hedging recovery EA‭ ‬will hedge all your trades until it gets a Profit‭ > ‬Loss.

If the first order didn‭’‬t get into a Take Profit,‭ ‬a second opposite order will open if price comes back to Y area and sets a Take Profit to Target X area.‭ ‬As well as the third,‭ ‬fourth and et seq.‭ ‬will open until the price get into Target X area.

******PLEASE SEE THE ATTACHED ZIP FILE FOR JOB DESCRIPTION AND EA**********


Hedging Recovery EA‭ ‬– Current Parameters

    TradeMode‭


    MANUAL:‭ ‬Use manual order


    BY_INDICATOR:‭ ‬Use a indicator‭


    Name:‭ ‬EA comment name


    Magic:‭ ‬EA magic number


    Use‭ ‬CCI:‭ ‬Use CCI indicator‭ ‬(REMOVE THIS FEATURE and‭ ‬also the other indicators‭)


    StartTrade:‭ ‬Start trading time


    EndTrade:‭ ‬Finish trading time


    Visible_SL_TP:‭ ‬Use visible SL TP on a trade open


    CloseTarget‭


    TARGET_X:‭ ‬Use X as a target


    EQUITY:‭ ‬Use EquityPercent as a target


    EquityPercent:‭ ‬Percentage of equity to close


    DrawdownPercent:‭ ‬Max drawdown percent to close


    Y:‭ ‬Order area‭     (‬This is the recovery Zone‭)


    X:‭ ‬Target Area‭     (‬This is the Take profit‭)


    TakeProfit:‭ ‬Only first order Take Profit


    Trailing Stop:‭ ‬Only first orderTrailing start point


    Trailing Lock:‭ ‬Only first order pips to locked in


    AutoLot:‭ ‬Use auto lot


    AutoLotMultiplier:‭ ‬lot multiply


    LotOP‭ ‬1‭ ‬–:‭ ‬Manual lot open‭ (‬Calculate lot manually until get a Profit‭ > ‬Loss‭)‬.‭ ‬Please include al the LotOP up to‭ ‬25.


    ShowInfo:‭ ‬Show information on chart


Look at the following screenshot for better understanding of this‭ ‬strategy.‭

Files:

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Project information

Budget
30 - 50 USD
Deadline
from 1 to 4 day(s)