Trabalho concluído
Tempo de execução 6 dias
Comentário do cliente
The work was excellent and EA performs exactly as requested. Changes were made quickly without any problems. Delivery was a little late but well worth the wait. Thank you!
Comentário do desenvolvedor
Thank you for the detailed requirements and quick review of the EA. I look forward to our continued cooperation!
Termos de Referência
A common trading strategy is the grid martingale strategy where after a trade is placed and price moves against it additional and larger trades are opened until price pulls back and all open trades are closed for profit.
The EA I require is the reverse of this so it is a simple Reverse Grid Martingale EA. After a trade is placed if price moves in favor of the open trade then additional and larger trades are placed. Losses are controlled with a trailing stop and take profit is set value.
This is a very simple concept and basic EA however I am unable to locate this on MQL5 Market. If you are aware of one already available please let me know.
- Grid Trading in Both Directions:
- The EA has no indicators and triggers immediately once placed on a chart so there is always a minimum of 1 long trade and 1 short trade open
- The EA maintains separate long and short grids simultaneously
- Input [Magic Number]
- Grid Level Management:
- Opens initial positions when no trades exist in a direction [Initial Lot Size - Lots]
- Adds to positions at user-defined intervals [Grid Minimum Distance - Pips]
- Grid intervals can be increased / decreased as more are added [Grid Multiplier]
- Increases lot size by user-defined multiplier for each new grid level [Lot size Multiplier]
- Trailing Stop Loss:
- Places a Stop Loss for the first grid [Initial Stop Loss]
- As soon as more than 1 grid is active the Stop Loss is calculated by average price of all positions in a grid to be either profit above break even or loss below break even. This is based on Total Lots being traded. This is a variable so it can be a negative value resulting in small losses each time a grid closes before hitting take profit or a positive value resulting in small profits each time a grid closes before hitting take profit [Trailing Profit]
- Take Profit:
- Fixed take profit based on grid level 1 entry price. When it hits all grid levels close [Take Profit]
- Applies to all positions in the grid which means the price set for the take profit of grid level 1 is the same price set for grid level 2. eg Grid level 1 has TP of +100 and Grid Level 2 opens +10 pips. The TP of Grid Level 2 will be +90.
- Position Management:
- Closes all positions in a grid when any position hits stop loss or hits take profit
- Resets grid level after closure immediately
- Time Management:
- Enable Time Filter [On / Off]
- The EA trades on set days [Monday / Tuesday / Wednesday / Thursday / Friday / Saturday / Sunday]
- The EA trades at set times [Start Hour / Start Minute] and [End Hour / End Minute]
- General:
- This EA only processes at the start of new bars - open price. This is so I do not get banned from Brokers Server with excessive number of messages being sent on tick
- This EA must be able to trade Forex, Metals, Indicies, Major Crypto
- This EA is to be fully automatic running without input after placing on a chart
- This EA must work on 4 or 5 digit brokers
- This EA must work without error
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