Freelance service at MQL5.com: Simple Grid EA

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Execution time 5 days

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Description

Specification

Please open this image: https://www.mql5.com/en/charts/8889077/eurusd-h1-fxpro-financial-services

Each grid level. there is a buy and a sell trade of equal lot size. Lotsize:

1) EA will open buy and sell trades at grid 0 and continue to open buys and sells at each grid level until we have 10 buy trades and 10 sell trades, a buy and a sell at each level.

2) once we have 9 trades that are in profit and the 10th is just opened (price is at level 9), EA will close the 9 trades that are in profit and make an Average for the negative side (+profit in money_Variable). So if that average is hit, all negative trades will be closed in profit as well.

3) After a 9-tp, if price goes to old grid levels where we only have one type of trade (either a buy or a sell) EA will fill all those empty grids with the appropriate trade (if a buy is missing it should open a buy for example)

4) lets assume price comes down from level 9 to level 4, so EA should open 5 new buy trades at each level (L4-L8), if price goes back to L9 this time, EA will TP of all the BUY trades that are in profit again (but there must be minimum 5 BUY trades in Profit).

5) if from level 9 price continues to go up, EA will plant new buys and sells at each new level (i.e. L10, L11, L12...) and adjust the SELL trades average by including the new trades... and when the buy trades reach 10 again, it will TP the 9 BUYS that are in profit AGAIN.

6) Once the price comes down and the SELL sides Average is hit and all the SELL trades are closed, EA will continue planting new BUYS and sells at new grid levels and fill in each old level if there is a missing buy or sell, if the buy trades get in to 10 negative trades EA will make an Average for the buy trades and wait until 5 sell trades are in profit and will TP them.

There will only be one negative average at a time. Either for SELLS or for BUYS. Both side cannot have negative average.

Detailed Explanation of Negative and Positive Sides:

ON A NEGATIVE SIDE

the negative side trades will get the average plus profit target aftet 10 trades.

Any consequetive negative trade will ad up to that average.

if the price continue their direction , the nagative average of the trades will continue to add new trades till the

average is hit .

On positive side.

All positive trades will be close at a the same time when we have number of trades on the positive side reaches 10.

if the price continue to move in the positive trade direction , we have to wait for accumulation of next 10 trades

before we close them all gain at the same time .always wait for 10 positive trades before closing them at the same time.

Both buy and sell of the trades will take place at the same price level. Any time price hit the grid where we have only buy or only sell, the EA slhould

take the opposite trade at that elvel ( refill) .

Variables in the EA:

Lotsize_Percentage_of_account_balance:true/false

Lotsize:

TP@Number of Positive Trades: (in above example it's 10)

Negative_side_average_profit_in_points: (in above example it's 5)

In_Cycle_TP@Number of Positive Trades: (average of 10 negative trades is 0 if that price level is hit, all trades are at breakeven (no loss no profit) we add more points to this calculation so when all trades are closed we make some profit) user can input 20 points for example in this variable.

Trading Start Time:

Trading Finish Time:

Hard_Stop: close all trades in loss (percentage of account balance and restart tradign).

NewsFilter: for live and strategy tester (i give u the code)

Avoid_Tradig_Dates: (i give you the code)

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