Expert Adviser with a Trailing Sell/Buy Stop, Risk Management is Key not Trade Execution

MQL4 Experts

Trabalho concluído

Tempo de execução 4 dias
Comentário do desenvolvedor
Great client to work with, very keen to details and posseses a sharp mind.

Termos de Referência

My theory for this expert adviser is that any trade can be profitable with correct risk management and i believe the way to achieve this is fairly simple. Using a similar style to a martingale system where if the trade goes against our open position we open more trades to compensate and eventually close in profit. Except instead of these trades being executed at set point steps, we will use a trailing sell/buy stop to give completely variable trade gaps depending on market conditions.

The idea i have would be structured something like below, i am no coder, so this will need to be interpreted and adapted in the best way you see fit. This would need to work for buy and sell trades and also have adjustable parameters for initial trade entry points distance and expiry aswell as take profit and step for the sell/buy stop, maximum total trades and maximum pairs open at one time.

EA idea

Check number of open trades
If open trades = 0 
set sell stop 100 points below bid price. 
Lot size 0.02
1hr expiration. 
No SL. 
300 point TP.

Check number of open trades
If open trades = 1 or more
Check if bid price is greater than 500 points of the last open trade.
If bid price is greater than 500 points set sell stop 100 point below current bid price.
Lot size 0.02
1 hr expiration
No SL
No TP.

Check number of open trades
If open trades = 4 or more
Check if bid price is greater than 500 points of the last open trade.
If bid price is greater than 500 points set sell stop 100 point below current bid price.
Lot size 0.04
1 hr expiration
No SL
No TP.

Maximum total open trades = 8
Maximum number of different currency pairs allowed open = 1

If multiple trades are open close all trades for total overall profit of 300 points

Hope this makes sense.

Respondido

1
Desenvolvedor 1
Classificação
(144)
Projetos
198
42%
Arbitragem
20
25% / 55%
Expirado
9
5%
Livre
2
Desenvolvedor 2
Classificação
(230)
Projetos
433
27%
Arbitragem
122
21% / 56%
Expirado
96
22%
Carregado
3
Desenvolvedor 3
Classificação
(19)
Projetos
35
26%
Arbitragem
10
30% / 70%
Expirado
5
14%
Livre
4
Desenvolvedor 4
Classificação
(2373)
Projetos
2981
65%
Arbitragem
76
47% / 14%
Expirado
340
11%
Livre
5
Desenvolvedor 5
Classificação
(137)
Projetos
167
35%
Arbitragem
11
91% / 0%
Expirado
0
Livre
6
Desenvolvedor 6
Classificação
(349)
Projetos
463
51%
Arbitragem
41
24% / 49%
Expirado
149
32%
Livre
7
Desenvolvedor 7
Classificação
(430)
Projetos
606
55%
Arbitragem
48
23% / 56%
Expirado
178
29%
Livre
8
Desenvolvedor 8
Classificação
(26)
Projetos
34
26%
Arbitragem
7
14% / 43%
Expirado
7
21%
Livre
9
Desenvolvedor 9
Classificação
(769)
Projetos
1033
44%
Arbitragem
50
8% / 50%
Expirado
117
11%
Livre
10
Desenvolvedor 10
Classificação
(1)
Projetos
1
0%
Arbitragem
0
Expirado
0
Livre
11
Desenvolvedor 11
Classificação
(28)
Projetos
30
37%
Arbitragem
0
Expirado
0
Livre
12
Desenvolvedor 12
Classificação
(401)
Projetos
529
74%
Arbitragem
9
44% / 0%
Expirado
24
5%
Livre
13
Desenvolvedor 13
Classificação
(119)
Projetos
127
41%
Arbitragem
3
33% / 67%
Expirado
0
Livre
14
Desenvolvedor 14
Classificação
(66)
Projetos
143
34%
Arbitragem
11
9% / 55%
Expirado
26
18%
Trabalhando
15
Desenvolvedor 15
Classificação
Projetos
0
0%
Arbitragem
0
Expirado
0
Livre
16
Desenvolvedor 16
Classificação
(221)
Projetos
369
66%
Arbitragem
10
50% / 0%
Expirado
46
12%
Livre
17
Desenvolvedor 17
Classificação
(250)
Projetos
400
38%
Arbitragem
82
41% / 20%
Expirado
69
17%
Carregado
18
Desenvolvedor 18
Classificação
(466)
Projetos
494
52%
Arbitragem
10
60% / 20%
Expirado
3
1%
Livre
19
Desenvolvedor 19
Classificação
(86)
Projetos
114
26%
Arbitragem
7
29% / 57%
Expirado
5
4%
Livre
Pedidos semelhantes
I need a bot that copy trade from mt4 to telegram and also sends entry point , stop loss and take profit for a specific forex pair or any other pair that is traded
I need to create a quantitative forex trading bot which must have quantitative and DCA features together. If anyone can do for me then please apply. I will then discuss with you and send you the complete instruction. Looking forward to start as soon as possible. Thank You
Hello. I need experienced dev to program a cTrader EA. Ea will Work on breakout asian Session box and placing order after confirmed breakout and retest of asian box. Ea need to check valid account number and experiation time using API connected to external Server. So developer need to be experienced in this mind of job. Rest of details i will share later
Full description here please read this: https://docs.google.com/document/d/1-VY3DbYd-MwHwkcPuVzF38HZT8iA5MTIDU4cUih8kpw/edit?usp=drivesdk Candle criteria for entry: Buy: Enter after break of last candle high Place SL at bottom of the last candle TP target is size of the last candle exactly in pips Sell: Enter after break of last candle low Place SL at top of the last candle TP target is size of the last candle
I need smart, professional, and fast programmer for doing this project quickly, that have experience in EA with minimum 300 projects finish, and have good review and reputation from their client Share your link review, if you not qualified, dont apply! I will bidding the programmer from experience, review, reputation, price, and days working My EA using Moving Average, Average True Range, and using consecutives
Modify EA 30+ USD
Modify existing ea to properly follow logic or create new one base on specifications. Use appropriate indicators to make ea function efficiently. In case of further explanations kindly send messages
Hello programmer, I need someone that can help me with my ea project. I want to do ea Only reverse engineering (writing from scratch by analyzing the algorithm), without decompilation
Hello programmer, I need someone that can help me with my ea project. I want to do ea Only reverse engineering (writing from scratch by analyzing the algorithm), without decompilation
Hello programmer, I need someone that can help me with my ea project. I want to do ea Only reverse engineering (writing from scratch by analyzing the algorithm), without decompilation
I have a documented strategy that I will like to have as mt5 or ctrader trading bot, kindly bid for this job to discuss about the job requirements i want a professional for this work

Informações sobre o projeto

Orçamento
30 - 200 USD
Desenvolvedor
27 - 180 USD