An Expert Advisor for Position Size Calculation and Trade / Order placement

2019.05.26 Experts

Job finished

Execution time 1 hour
Feedback from customer
Lakshan understood exactly what I was looking for and delivered very quickly. Where I was not very sure, he came up with great suggestions. I will use him again.

Specification

MT4 allows us to create orders or place trades based on current price and specific SL and TP only.

It does not allow risk based SL/TP either in PIPS or Price.

What I am looking for is an EA that constantly shows current price and allows trade or pending order creation with SL/TP based on risk % (1% : 1% default) or PIPS.

I should be able to attach the EA to current chart. It should show a panel with these options.

The Trade Assistant EA on the market does this nicely. However, it does much much more. I am looking for something simpler - just new order / trade - buy or sell and SL/TP calculated using percentage of equity.

Options on screen:

Symbol: [Current symbol] <- option to change
Timeframe: [Current timeframe] <- option to change
Current price: [changes on every tick for BUY/SELL] / [change for Pending Order]
Radio buttons: Sell / Buy
Trade / order: Trade / Pending Order
Size (Radio): Fixed / Fixed % of initial deposit / Fixed % of max equity / Fixed % of current equity
Size: [value used with above radio button]
Risk / PIPS: Risk / PIPS
Risk: Profit: [1%] Loss: [1%]
PIPS: Profit: [20] Loss: [20]
Expires: [yyyy-mm-dd hh:mm:ss] <- enabled for pending orders

Result:
Size: [calculated size]
Price: [current price / selected price]
SL: [calculated SL]
TP: [calculated TP]

[BUY] / [SELL]
[BUY STOP] / [SELL STOP]
[BUY LIMIT] / [SELL LIMIT]

Buttons enabled / disabled based on selected options

When the user clicks on the button, a trade should be placed or pending order should be created.

Responded

1
Developer 1
2019.05.26
Rating
5
(2)
Projects
3
33%
Arbitration
0
Overdue
0
Free
2
Developer 2
2019.05.26
Rating
4.86
(49)
Projects
78
44%
Arbitration
13
38% / 15%
Overdue
9
12%
Free
3
Developer 3
2019.05.26
Rating
0
Projects
0
0%
Arbitration
0
Overdue
0
Free
4
Developer 4
2019.05.26
Rating
5
(153)
Projects
158
64%
Arbitration
6
0% / 100%
Overdue
6
4%
Working
5
Developer 5
2019.05.26
Rating
4.88
(123)
Projects
187
14%
Arbitration
13
46% / 46%
Overdue
32
17%
Loaded
6
Developer 6
2019.05.27
Rating
4.94
(143)
Projects
309
49%
Arbitration
25
36% / 28%
Overdue
80
26%
Working
7
Developer 7
2019.05.27
Rating
4.9
(343)
Projects
582
51%
Arbitration
130
45% / 34%
Overdue
137
24%
Loaded
8
Developer 8
2019.05.27
Rating
4.96
(53)
Projects
108
68%
Arbitration
3
33% / 33%
Overdue
46
43%
Free

Project information

Budget
30 - 100 USD
Deadlines
from 2 to 4 day(s)