Martingale Bot

MQL5 Experts

Job finished

Execution time 3 days
Feedback from customer
Very well done. Good support! Thank you! :-)
Feedback from employee
Great client!

Specification

I need a Martingale Bot for my Order Management


If I attache the EA to an chart, there will appear a "buy" and a "sell" button. If i do a click on the button, the EA will start his work.

The main job of this EA is to place (pending) orders. And to adapt the tp of the previous triggered orders.


  • In the backend can be defined the settings for up to 10 orders.
  • The first order is a market order.
  • The 9 following orders are pending orders.
  • If there is no entry settings for some of the following orders, they are left out (if i want just 5 orders to be triggered instead of 9, for example)


Frontend requirement of the EA

Order 1: Market order

  • Comment: here I can give a comment
  • Magic Number: here i can give a magic number
  • SL: distance in points from the entry
  • TP: distance in points from the entry
  • Risk of the balance in %: for example 1 %
  • Button for Sell or Buy; direct market execution by click on the button
Money Management: The Lot Size of the Order will be calculated by the risk


Backend requirement of the EA


Order 2: Pending Order

  • Comment: here I can give a comment for this pending order
  • Magic Number: here i can give a magic number for this pending order
  • Entry: distance in points from the entry of the Order 1
  • SL: distance in points from the entry of the Order 2
  • TP: distance in points from the entry of the Order 2
  • Risk of the balance in %: for example 1 %

Money Management: The Lot Size of the Order will be calculated by the risk


Order 3 to 10: Pending Order

  • Settings see "Order 2


Order Management Requirement

If Order 2 is triggered: Set TP for all active (not pending!) orders to entry of order 1

If Order 3 is triggered: Set TP for all active (not pending!) orders to entry of order 2

If Order 4 is triggered: Set TP for all active (not pending!) order to entry of order 3

... an so on


If Order 1 is closed: close all pending orders


This means:

If Order 1 hits TP all pending Orders for this order should be closed

If Order 1 hits SL all pending Orders for this order should be closed

If Order 1 is closed by human all pending Orders for this order should be closed


General


  • I will get an open EA code from you
  • I will get the ea within 5-10 days
  • I´m available for you the whole time for questions





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Project information

Budget
30 - 200 USD