Trailing stop, trailing step and stop loss EA.

MQL4 Experts

Job finished

Execution time 2 days
Feedback from customer
Another project completed by Amine - on time and budget. I am one happy camper. :)
Feedback from employee
It's nice to work with you .. Hope you make huge profit .. Thanks!

Specification

The EA will work like this:
I will enter a two-way trade manually (a hedge).
The EA will detect which trades are open, in this example a BUY and a SELL trade is open. A trailing stop with a trailing step will be applied to both trades.

Whichever trade is closed first a second trade is opened in the direction of our profitable trade with different trailing stop and trailing step parameters.


Parameters:

TrailingStop1 = 5.0; //This is for our hedged trades. Both BUY and SELL.
TrailingStep1 = 0.1; //This is for our hedged trades. Both BUY and SELL.
StopLoss1 = 2.0; //This is for our hedged trades. Both BUY and SELL.
TrailingStop2 = 5.0; //This is for our second profitable trade after our losing trade is closed.
TrailingStep2 = 0.1; //This is for our second profitable trade after our losing trade is closed.


Example: So after I have entered both a BUY and a SELL trade the EA will begin after I enable Auto-trading button, the instrument we are trading spikes up and triggers the SELL stop-loss (closing the SELL trade) and simutainously removes the BUY stop-loss. A second BUY trade is entered with the second set of parameters listed above.

In this example, after our losing trade (a SELL trade) is closed using a slop-loss, then all stop-losses are removed and we trade only on trailing stops and trailing steps.

Responded

1
Developer 1
Rating
(133)
Projects
185
30%
Arbitration
77
9% / 73%
Overdue
77
42%
Free
2
Developer 2
Rating
(21)
Projects
49
39%
Arbitration
4
25% / 75%
Overdue
10
20%
Free
3
Developer 3
Rating
(119)
Projects
127
41%
Arbitration
3
33% / 67%
Overdue
0
Free
4
Developer 4
Rating
(49)
Projects
74
18%
Arbitration
30
17% / 53%
Overdue
31
42%
Free
5
Developer 5
Rating
(121)
Projects
134
66%
Arbitration
36
25% / 56%
Overdue
22
16%
Free
6
Developer 6
Rating
(2)
Projects
3
33%
Arbitration
1
0% / 0%
Overdue
1
33%
Free
7
Developer 7
Rating
(28)
Projects
47
23%
Arbitration
13
31% / 15%
Overdue
12
26%
Free
Similar orders
Topx 80+ USD
1)I need EA with on/off button per currency and buttons to control lots size, auto change of currency with time, Dashboard of 4 indicators (Bollinger, Currency strength, FVG and Gann ) and trade management. Entry: When buy is clicked, the EA draws a line. After x pips market move away from the line or when price moves to given price line and or time, the EA opens buy order if clicked/selected indicators align. Set
I'm looking for an experienced developer to make some modifications to my MT4 Currency Strength Table indicator. Key Requirements: - I would like to have the add on feature of delta or the difference of the strength of currencies displayed in the new table and showing as B or S of only the one currency pair when the delta or difference arises. the delta will change values as the difference of strength of compared
I need Spike DETECTOR EA for Boom and Crash.. which will send me notification or alerts when spike is near. The EA should also be able be buy on crash Index and sell on Boom Index depending on the market..Demo may be provided for faster execution of my order
· I need an MT5 EA that trades on Currencies, Indices, Metals, Crypto, Commodities and Deriv Synthetic Indices. · It should trigger trades on the Moving average cross above or below of the RSI levels in the same window. It should have a Trailing stop and break even input variables. Please note that I only want to use the RSI levels and not its period hence the RSI period will be set to 1. Also the
ODSMART EA 30 USD
I want an EA developed from this strategy that will buy and sell based on the appearance of these colours. Blue-buy (Enter when the signal indicator is at zero on the blue background) Red -sell( Enter when the signal indicator is at 100) White and brown, exit trade
i want to create RSI trading bot in 1 min time frame this is will happern in 1 min timeframe if RSI level 3 min chat frame touch 27 RSI level than excute buy order as and if 3 min time frame candle touch 72 level RSI will excute sell order than profit will be 3 time where order fill from and stop loss open ,. and i want in the setting able adjust the stoploss in tick adjust the take profit and entry lot
I am in the middle of conducting a complex experiment. And part of this experiment entails modifying an existing free MT5 EA (DarkCloud PiercingLine Stoch, for which i can pass the source code to you if you need) to: run only on specific days and within specific hours on those specific days. I will provide you with the schedule. I need the EA to come with scheduling choices so that the user can choose which days and
Hi, I'm looking for a developper to create an EA based on: The combination of 6 FOREX indicators The strategy is based on the combination of 6 indicators It can be used regardless of the timeframe. It can be used regardless of the symbol
I want to design forex robot which work based on hikenashi candel stick pattern and also i wamt to include martingale statergy and trade entry method is bqsed on rsi and hikenashi
Hi, Coding Skills Required: Experience in coding trading robots for MT5. Ability to implement increasing coefficients for the distance between orders and lot size 1. Project Objective: Develop an automated trading robot for MetaTrader 5 (MT5) as per the specified trading strategy. 2. Trading Strategy: The robot must execute a strategy that includes the following elements: Opening initial orders. Placing pending

Project information

Budget
30 USD
For the developer
27 - 27 USD
Deadline
99 day(s)