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EA: lot hedging strategy

MQL5 Эксперты Forex Отладка робота/индикатора Оптимизация стратегий

Техническое задание

Specification 
Hi Free lancers,

   I need an EA which relates to Sure Fire Hedging EA base on Below parameters needed.



Overview how it works:

 This EA will be able to open a trade with either Buy or Sell selection (manual- to be manually switch buy or sell selection ), another selection for automatic open trading  can choose only buy.

Once the EA already open trade (example -buy position) with starting lot size 0.01, Automatically it will open sell stop position, with distance selection (ex. 30 pips, or 50 pips, 100 pips) with next lot size 0.02 ( have manual input key-in lot size sequence and selection to follow the lot Multiplier input mode (X1.5, X1.7,X2, or X3.

The first order (ex.0.01 lot)  will also auto added with TP base on TP input value. Once the sell stop position open (sample lot 0.02 or base on lot multiplier), the TP will also implemented (sample 100 pips), then the first entry Buy order (0.01 lot)  will implement SL, same price value with sell stop (0.02 lot) TP.



If the Sell stop (0.02 lot) enabled, another Buy stop order will auto open (sample 0.03 lot or base on lot multiplier) same price with the first order price (0.01 lot). and the TP will implement same with first order price (0.01 lot). 

* If the market hits the TP/SL, all the trades will be close on that Pairs only and also the Buy stop or sell stop will be deleted.*



But if the market continues to ranging and hits the Buy stop order ( 0.03 lot), another sell stop order lot (sample lot 0.05 or base on lot multiplier) will be open, and TP will follow 0.02 lot and 0.03 lot order will change the SL same with 0.01 SL value.

This will keep continue the lot size until it will reach one of the TP/SL.

If the TP/SL hit, then either it will reset open new trade if auto open buy only, or wait for the trader to enable to open new trade either buy or sell.



Parameters needed to add:

1. Buy or sell selection and Manual or auto open buy only.

2. Lot started selection

3. Lot multiplier

4. Take profit input value.

5. Stop loss value input

6. Distance selection input (sell stop/ buy stop).

7. Max level input- this value will stop the EA to open new lot to prevent account burst.

8. margin level management- (example 2,000% or below, EA will stop open new trades to prevent account burst.

9. Close on total profit value- all trades on that pairs will close if reach the value.

10. Close on total losses value- all trades on that pairs will close if reach the value.

11. Trailing profit input value- the EA will lock the profit base on value and trailing it the market continues earn.

11. Magic number

12. This EA can able to trade with GOLD pairs.

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