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How to Order a Trading Robot in MQL5 and MQL4
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New orders in the category:
30+ USD
40+ USD
50+ USD
40+ USD
30+ USD
30 - 60 USD
Job finished
Execution time 5 days
Feedback from employee
Communicative and very receptive client. Nice doing business with. A++
Feedback from customer
I've worked with many programmers and I am very grateful to all of them but Julian is in a league of his own! Communication skills & teaching ability to explain was off the charts
Specification
I would like to build an EA for Forex based on my indicator.
When a BUY arrow on 4 hour candle will show up, - (when the price will close) the EA should instantly open a BUY position with Take Profit 50 pips
When the price will go against this order, 50 pips below the EA should open another BUY order.
Open maximum 5 extra BUY orders every 50 pips if the price goes against the main BUY signal.
How to Take Profit?
1st . EA should calculate the TP for the first main order x the value per pip.
Ex. TP 50 pips x lot size 0.50 = $25
TP 50 pips x lot size 1.00 - $50
The value of the first order is the key element.
If the EA did open more trades, EA should add extra pips to Take Profit.
Example:
The 1st order was set up to Take Profit at 50 pips , the lot size was $1.
It means when the Profit is $50 the EA should place Trailing Stop 1 pip below and trail every 1 pip.
In this situation, we have ONLY one order already with Trailing Stop.
BUT when the first order is on minus and the price goes against the trend, the EA will open another trades.
If the EA did open another BUY position at value $1 per pip ,
Both orders should close :
1st order $1 - TP $50
2nd order $1 –
When BOTH ORDERS reach $50 , EA must ADD PENTALTY + (2 orders ) for EVERY OPEN ORDER the EA should add 5 pips.
$50 + plus (2 orders x 5 pips =10 pips ) = $50 + (10 pips x $2) (lot size for the first and second order together)
$50 + (10 pips x $2) = 20 total $70
When both orders reach the level of $70 the EA should place Trailing Stop 1 pip below the $70 level and trail every 1 pip. The Trailing Stop MUST close ALL Positions at once.
If there are 2 extra orders beside the main order:
1st order $1 – TP $50
2nd order $1 –
3rd order $1 –
When all orders reach the level of $50 the EA should calculate
$50 plus 3 total orders x 5 pips = $50 + 15 pips x $3 (first and second and third orders together)
$50 + (15 pips x $3) =45 total $95
When all 3 orders will reach the level of $95 the EA should place a Trailing Stop 1 pip below the $95 level and trail every 1 pip.
If the EA did open main order plus 3 extra orders – total 4 orders.
1st order $1 – TP $50
2nd order $1 –
3rd order $1 –
4th order $2 -
When all orders will reach the level of $50 the EA should calculate
$50 plus 4 total orders x 5 pips = $50 + 20 pips x $5 (first and second and third and fourth orders together)
$50 + (20 pips x $5) =100 total $150
When all 4 orders will reach the level of $150 the EA should place a Trailing Stop 1 pip below the $150 level and trail every 1 pip.
And again …..
Main order and 5 extra orders ….
When all order reach their levels, EA should close ALL positions instantly by Trailing Stop.
Main StopLoss 500 pips.
In variables – all possible values to be able to change.
The EA have to work on all time frames.
In case the EA will be open on 15 min chart, please add 3 Time Zones.
When transaction will begin, there should be a visible point of entry and a dotted line when transaction is at the moment until finished. As you see on the attached pictures.
The lines must be visible during trading NOT only after the trade is completed.
Options to change the color of the lines and width in the variables.
I need 5 Extra Orders beside the Main Order.
Every extra order must have a separate lot size and separate distance from the previous order.
In variables i need to see the options to change the values in the indicator i will provide.
If i trade on 5 min charts the values are different than the 4 hour chart.
Please add protection by account name and expiration time of the EA.
Source code in English only.
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Budget
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Deadline
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