Make a new MT4 EA; Combine 2 EA's to make a new EA with some additional features, Donchian Channel Trader with Hedging Recovery EA.

MQL4 Эксперты

Техническое задание


Combine the DC Lines EA with hedging recovery EA, add grid trading option and RSI

filter for initial trades with a ‘minimum margin percent’ Account protection.

Full job description below and photos and indicators in attached Zip file.

**** Please note I have the source files MQL4 for the DC Lines and Hedging Recovery EA, which I will provide to sucessful bidder *********

Please update the included ‘Donchian Lines EA’ to include the following optional

'Hedging Recovery mode', selectable ‘grid trading’, ‘minimum margin percent’
account protection and a selectable RSI indicator.
Hedging Recovery option.
Please use the included Hedging recovery MQL4 source file and adopt its code
into the DC Lines EA, it was designed as an add in module, so that the
operation would be as follows;
The ‘hedging recovery mode’ activates as soon as the DC Lines EA places the first
trade which immediately triggers a pending hedge order at the selected DC Line or
at the selected ‘x’ pips. Should the first order reach the preset breakeven, the
hedging recovery mode is cancelled, closing the pending hedge order, any selected
trailing stop loss will continue to trail the price.
Should the pending hedge order be triggered ‘hedging recovery mode’ will place
orders until it cycles out in equity profit % or hits the visible emergency stop loss.
Grid Trading option
“Grid adds positions of a selectable size but always keeps the first trade open”.
Grid system, once a trade reaches a set ‘x’ number of pips profit a ‘grid system’
would add additional trades, at a selectable lot size, with the option of keeping the
first grid trade open and profit taking the grid trades after ‘x’ pips profit. Please see
the included ‘Pyramiding Grid system.pdf’. Grid would have these inputs; ‘grid
trading’= true, ‘keep 1st grid trade open’=true /false, ‘grid start’= after ‘x’ pips profit.
‘grid Pips’= 50, pips to each grid. ’grid lot’= 0.1 size of grid order, ‘grid take profit
pips’= 50. ‘grid trail’= by pips or mid line.
Equity Manager with “minimum margin percent”
Please add a “minimum margin percent” input which would not allow the first trade
if the account minimum margin is below 500% or the inputted level. Also if possible it
would be great to have the included features found in Equity manager Mql4 source
file to manage account equity.
RSI to filter first trade entry
Please add a selectable RSI indicator to filter the first trade at the DC lines,
dependant on the preset buy and sell levels being reached at the price level.
Example if the RSI level is below 70 the buy order will not be placed or if the RSI
level is above 30 the sell order would not be placed.
Fix issue with DC Lines EA Input
Fix issue with DC Lines EA Input “Entrance Line 1 Shift” If I use this input the EA will
not place any trades, it would be great to be able to specify a shift amount in pips so
that if a candle closes only a few pips over the DC line it would not trigger trades, the
close would have to be DC line + ‘x’ pips. Alternatively a BUYCLOSE + ‘x’ pips input
would solve this problem.

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