An MT5 Expert based on Stop orders - Long direction only

MQL5 Эксперты C++

Работа завершена

Время выполнения 2 дня
Отзыв от заказчика
Excellent programming skills, ability to find solutions and very prompt.
Отзыв от исполнителя
Good and honest employer. Thanks 😊

Техническое задание

Will need the Expert Advisor (EA) source code in MQL5 (runs Metatrader 5) for the below description. It is only for long-direction. Will need it to be tested to make sure the code running on Forex pairs without any issues or errors, and that it follows the logic described in each input. If there are any questions please text me anytime to make this experience as good as possible!  

The below text in Bolt font are the inputs needed. A 

Assumption: The trading accounts equity is $500 

Inputs for Long Direction: the numbers used in the inputs below are examples and are applied on other inputs to make the logic clearer and for calculations purposes  

Distance to place buy stop order(s) from current bid-price in points: i.e 100 points (10 pips 

Explanation: Once the EA is loaded, the first buy stop order is automatically submitted at a distance of i.e 100 points from the market price (bid price). If the EA is then disabled, the metatrader user will have to remove the order manually. 

Number of times to repeat the above buy stop order: i.e 

Explanation: So if first order is filled, then the strategy adds a second buy stop order that is 100 points above the market price (bid price). This process repeats up to 4 times in this example) 

Stoploss: i.e. 150 points (fixed distance)  

Explanation: The stoploss is automatically inputted when the order is filled and is at a fixed distance of i.e 150 points below the current market price (bid price) 

TrailingStop amendment move: i.e. 130 points  

Explanation: when the buy stop order is filled due to market moving higher, then if the market price rises higher by another i.e 130 points from long entry price, then the TrailingStop moves according to below input. Once it rises, the market price then needs to move higher by another 130 points so that the TrailingStop moves higher for a second time, and then another 130 points e.t.c) 

TrailingStop’s new Stoploss distance from current price: i.e. 70 points 

Explanation: When the TrailingStop of an existing long position is to be amended due to the market moving higher by i.e 130 points (according to the input above this one), then the TrailingStop’s new Stoploss is to be 70 points below the market price (bid price) at the time the amendment is made. This fixed distance of 70 points repeats for all TrailingStop amendments following the 130 points moves. 

Risk per each trade applied to current equity balance (used to calculate position size per trade): i.e 1%  

Explanation: 1% is $500 of equity in the account, so the risk is $5 per trade and since the Stoploss is set to be 150pts, then the position size is automatically calculated to be $5/150 = 0.03 rounded to nearest second decimal. 

Additional inputs: 

Price level: 

Place order only if current-bid price is below this price level: i.e 1.11235  

Explanation: if the market price is above this price, no buy stop-order is placed, can still enter manually and stoploss/trailstop can still operate on the manual entry, any positions from this EA that are open remain open). Also we need to add the option to close all positions and open buy stop orders if this input occurs 

Place order only if current-bid price is above this price level: i.e 1.11000 (if the market price is below this price, no buy stop-order is placed, any positions from this EA that are open remain open). Also we need to add the option to close all positions and open buy stop orders if this input occurs 

Equity rule: 

Current account’s equity must be below this level: i.e. $650  

Explanation: if the account’s equity rises from say $500 to $650 then no more buy stop orders to be placed, stop/trailing stops still active). Also we need to add the option to close all positions and open buy stop orders if this input occurs 

Current account’s equity must be above this level: i.e. $400  

Explanation: if the account’s equity drops from say $500 to $400 then no more buy stop orders to be placed, stop/trailing stops still active). Also we need to add the option to close all positions and open buy stop orders if this input occurs 

There are a few more additions that will be added on the formal requirements specification file. Only the selected developer will be able to see that.

Откликнулись

1
Разработчик 1
Оценка
(618)
Проекты
1429
59%
Арбитраж
31
81% / 0%
Просрочено
10
1%
Свободен
2
Разработчик 2
Оценка
(152)
Проекты
228
80%
Арбитраж
22
27% / 50%
Просрочено
11
5%
Свободен
Опубликовал: 24 статьи, 1882 примера
3
Разработчик 3
Оценка
(298)
Проекты
427
26%
Арбитраж
18
61% / 33%
Просрочено
26
6%
Свободен
Опубликовал: 8 примеров
4
Разработчик 4
Оценка
(7)
Проекты
14
21%
Арбитраж
1
0% / 100%
Просрочено
3
21%
Свободен
5
Разработчик 5
Оценка
(1)
Проекты
2
0%
Арбитраж
1
0% / 100%
Просрочено
0
Свободен
6
Разработчик 6
Оценка
(2675)
Проекты
3414
68%
Арбитраж
77
48% / 14%
Просрочено
342
10%
Свободен
Опубликовал: 1 пример
7
Разработчик 7
Оценка
(19)
Проекты
33
55%
Арбитраж
5
80% / 20%
Просрочено
3
9%
Свободен
8
Разработчик 8
Оценка
(258)
Проекты
269
29%
Арбитраж
1
100% / 0%
Просрочено
3
1%
Работает
Опубликовал: 2 примера
9
Разработчик 9
Оценка
(617)
Проекты
721
33%
Арбитраж
46
48% / 41%
Просрочено
14
2%
Загружен
10
Разработчик 10
Оценка
(298)
Проекты
478
40%
Арбитраж
105
40% / 24%
Просрочено
82
17%
Загружен
Опубликовал: 2 примера
11
Разработчик 11
Оценка
(116)
Проекты
137
36%
Арбитраж
16
13% / 69%
Просрочено
9
7%
Свободен
12
Разработчик 12
Оценка
(2346)
Проекты
2951
63%
Арбитраж
125
44% / 26%
Просрочено
429
15%
Свободен
13
Разработчик 13
Оценка
(69)
Проекты
146
34%
Арбитраж
13
8% / 62%
Просрочено
26
18%
Свободен
Опубликовал: 6 примеров
Похожие заказы
Looking for an experienced Sierra Chart ACSIL/C++ developer to customize footprint chart. I need 3 things: 7-Day ATR – calculate and display a configurable 7-day ATR. Custom Footprint – footprint chart to match my preferred layout/data display. Automatic LVN – detect and plot Low Volume Nodes automatically based on volume distribution. I need to build one from scratch . Experience with Sierra Chart, ACSIL
Looking for an experienced Sierra Chart ACSIL/C++ developer to customize an existing footprint chart. I need 3 things: 7-Day ATR – calculate and display a configurable 7-day ATR. Custom Footprint – modify my existing footprint chart to match my preferred layout/data display. Automatic LVN – detect and plot Low Volume Nodes automatically based on volume distribution. I already have a working footprint chart, so no
//———————————————————————————————————————————————————————————————————— struct S_MCAV { double matureSum; double totalSum; double value; void Init () { matureSum = 0.0; totalSum = 0.0; value = 0.5; } void AddContext (int ctx) { totalSum += 1.0; if (ctx == 1) matureSum += 1.0; } void ApplyDecay (double rate) { matureSum *= rate; totalSum *= rate; } void Update () {
I am looking for a Senior MQL5 Developer to create a new MetaTrader 5 Expert Advisor from scratch. I will provide a complete Requirements Specification containing objective entry, exit and risk-management rules. This is not a request to copy or decompile an existing product. Project requirements: Clean and modular MQL5 source code. Exact implementation of the supplied strategy. One signal evaluation per configured
NinjaTrader 8 / NinjaScript Phase 1 build: convert an existing Auction Market Theory (AMT) strategy into objective, alert-only decision-support logic. Not a bot, no auto-execution — trades stay manual. Covers NQ/MNQ, ES, CL, MGC using 30-min TPO/Volume Profile context with 5-min confirmation: one 5-min close outside VAH/VAL = acceptance, close back inside = rejection. Dashboard shows bias, auction state, location
Hi i need help to connect my chat gtp with ninja trader I have all tools. Just need supervision and seeking a professional who can do that for me. This the bridge extension https://crosstrade.io/blog/chatgpt-to-ninjatrader-mcp-walkthrough
MetaTrader 5 (MT5) Price-Level Monitoring & Automated Phone Call Alert System Developer Needed Project Overview I am looking for an experienced developer to build a custom trading assistant for MetaTrader 5 (MT5) that monitors important price levels I manually mark on my charts and immediately calls my phone when the market reaches or interacts with those levels. This is Phase 1 of a larger trading assistant project
Hello there, I am looking for a automated strategy for ninjatrader 5 Looking for a proven profit factor of 1.5 ( minimum ) on 15 mins time frame . I do MNQ futures I do not have the logic, but I like mean reverssion variable , plus RSI etc . that could make the automated tool robust and long lasting. i need fast response if you have
take your time better make it for days and have good bot than never benefits both of us. Make the bot have zero errors and backtest it for a 2 year period
I buy EA for USDEUR or XAUUSD for FTMO with proven backtest. Send me images with backtest reports where daily max dd is 1% on 200k account. I can buy several eas if you have them with proofs. Need images of backtesting for 5 years

Информация о проекте

Бюджет
50 - 75 USD
Сроки выполнения
от 5 до 20 дн.