Imperator Robot
Dear Sir or Madam,
I would like an Expert Advisor (EA) that runs fully automatically on the MT5 platform with an .ex5 file and source code .mq5 file and operating instructions in .pdf format in English with pictures.
Strategy:
The strategy runs without indicators on currency pairs.
It is opened with a buy position at the time of activation.
e.g.: 0.01 lot long, stop loss 600 points, take profit 100 points (should be adjustable)
A take profit and a stop loss order should not be placed on the market when the position is opened, but should be monitored and executed by the EA.
A position should only be opened if the spread is below an adjustable value (e.g.: maximum spread 50 points).
After the position is closed, a new position should be opened automatically immediately.
As long as there is a profit, the trade direction remains buy until a loss occurs.
After the loss, the trade direction changes to sell.
This remains on sell until a loss occurs.
Then buy again and so on, always as long as there is a profit.
To minimize losses, the first position will have more lots when the trade direction changes. The factor for the increase (e.g. 300%) should be adjustable.
The distance until the position is closed is also increased. This value should be adjustable (e.g. take profit 300 points).
If two or more losing trades occur in a row, the trade direction is simply changed and the position size increased once.
I expect a hit rate of 80 - 90%. A further increase in the position size should not occur if there are several losing trades in a row.
To limit losses, a maximum daily loss should be adjustable. Trading should then rest until the next day.
As I want to run this EA on several charts in parallel, the EA should have the Magic Number function.
Backtests should be possible.
The name of the EA is: Imperator Robot. This should be visible in the top right of the chart.
I would like the following displays in the chart on the left:
Position size
Trade direction
Profit/loss
Spread
Magic number
I would like to be named as the author in the source code (my name will be announced after the order is placed).
I hope I have thought of everything.
If you have any suggestions for improvement, please discuss them with me.
The price is negotiable.
Best regards
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