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Program Requirements Summary for the Programmer
Objective:
Enhance the Expert Advisor (EA) operating on candlestick formations by adding the following features:
Trailing Stop to lock in profits.
Drawdown Protection to halt trading if the account experiences a 10% drawdown.
Daily Profit Target that allows the robot to stop automatically once a preset profit (e.g., $30 or $40) is achieved.
Key Features and
Requirements:
Trailing Stop:
Purpose: Lock in profits by dynamically adjusting stop-loss as the market moves in favor of the trade.
Parameters:
TrailingStop (default: 5 points).
TrailingStep (default: 10 points).
Logic:
For BUY orders: Move stop-loss up when the price rises by TrailingStop points.
For SELL orders: Move stop-loss down when the price falls by TrailingStop points.
Drawdown Protection:
Purpose: Halt trading if the account drawdown exceeds 10%.
Parameter:
MaxDrawdownPercent (default: 10%).
Logic:
Monitor drawdown based on initial balance:
makefile
Copy code
Drawdown = ((InitialBalance - CurrentBalance) / InitialBalance) * 100
If drawdown exceeds 10%, disable new trade entries and display: "Max Drawdown Limit Exceeded. Trading Halted."
Daily Profit Target:
Purpose: Allow the robot to stop trading once a specified daily profit target is achieved, e.g., $30-$40.
Parameter:
DailyProfitTarget (default: $30).
MaxProfit (default: $40, adjustable based on user preference).
Logic:
Track cumulative profit throughout the day.
Once the profit reaches the DailyProfitTarget or MaxProfit (user-defined), stop all new trade entries for the day and display: "Daily Profit Target Reached. Trading Stopped."
Allow existing trades to close based on the trailing stop or other exit criteria.
Integration Points:
Candlestick Formation Logic: The existing candlestick formation logic remains unchanged. This includes the pattern detection (e.g., bullish/bearish engulfing, hammer, etc.) for trade entry decisions.
Trailing Stop and
Drawdown Protection: Should integrate seamlessly with the current EA, providing enhanced risk management and locking in profits.
Daily Profit Target: Ensure that once the target is reached, no new trades are executed, and the robot pauses until manually resumed.
Yanıtlandı
1
Derecelendirme
Projeler
64
20%
Arabuluculuk
11
27%
/
55%
Süresi dolmuş
5
8%
Serbest
2
Derecelendirme
Projeler
735
34%
Arabuluculuk
49
53%
/
39%
Süresi dolmuş
14
2%
Yüklendi
3
Derecelendirme
Projeler
35
46%
Arabuluculuk
0
Süresi dolmuş
0
Serbest
Yayınlandı: 3 kod
4
Derecelendirme
Projeler
33
18%
Arabuluculuk
6
50%
/
33%
Süresi dolmuş
4
12%
Serbest
5
Derecelendirme
Projeler
332
71%
Arabuluculuk
2
100%
/
0%
Süresi dolmuş
0
Serbest
Yayınlandı: 1 kod
6
Derecelendirme
Projeler
124
44%
Arabuluculuk
14
29%
/
50%
Süresi dolmuş
17
14%
Serbest
7
Derecelendirme
Projeler
8
13%
Arabuluculuk
3
0%
/
33%
Süresi dolmuş
2
25%
Serbest
Yayınlandı: 1 kod
8
Derecelendirme
Projeler
1
0%
Arabuluculuk
1
0%
/
100%
Süresi dolmuş
1
100%
Serbest
9
Derecelendirme
Projeler
35
23%
Arabuluculuk
4
0%
/
50%
Süresi dolmuş
2
6%
Çalışıyor
10
Derecelendirme
Projeler
1
0%
Arabuluculuk
4
0%
/
50%
Süresi dolmuş
0
Çalışıyor
11
Derecelendirme
Projeler
0
0%
Arabuluculuk
2
0%
/
100%
Süresi dolmuş
0
Serbest
12
Derecelendirme
Projeler
146
34%
Arabuluculuk
13
8%
/
62%
Süresi dolmuş
26
18%
Serbest
Yayınlandı: 6 kod
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