Profitable Grid EA Needs Developing.

MQL4 Experts

Job finished

Execution time 74 days

Specification

Hello,


I have attempted to post this project here already. However the person I selected for the Job vanished. 

Because forex-tsd is now mql5 it seems that this site has a lot of bugs. The support is also non existent. I am not able to change my paypal email address because it says that email address is already registered. And their option to pay by credit card does not bring up their payment form.

So if you are a good programmer and can handle this job I might need to work with you on another freelance site outside of here. 

Ok so for the EA description:


See attached example of some manual trades I placed on the audusd using buy and sell stops. As you can see it opened up 2 buys and then 5 sells. At that point grid was in profit and I closed all trades.


Instead of using buy and sell stops starting from current market price I think the following will work better. Say current market price is 1.300.

Should price drop to 1.290 there should be a buystop placed at 1.300. If triggered the next pending buy stop wont be unless price moves to 1.310 but then drops to  1.300. The same deal applies for the pending sell stop side.

orders are to be spaced in increments of 10 points apart from each other. lot size it to be increased with every order. Example first buy 1 lot, second buy 2 lots 3rd buy 3 lots. Same for sell side.


Now AS SOON as grid is in profit just 10 points it must close all orders and reset/repeat process from current market price.

So for example: if 1 buystop was triggered as soon as it moves 10 points in profit CLOSE. Another example say it opened 1 buystop but failed to hit 10 point take profit, then moved down 30 points and opened 3 sells. Again as soon as in profit 10 points it must close all orders and reset at current market price. The take profit levels, and stop losses would need to be constantly adjusted according to what the price did.

Also I need a spread monitor so that should spread widen to more then 2 pips it will not trade anymore, and delete all pending orders.


Thanks 

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Project information

Budget
20 - 40 USD
For the developer
18 - 36 USD
Deadline
from 1 to 4 day(s)