Renko: Modification of existing indicator and EA because of apparent bugs//Creation of Martingale strategy

İş Gereklilikleri

Hello programmers,

I need help! A developer has written both an EA and indicator that are littered with bugs. I need someone to examine this thoroughly, and to also write a NEW martingale strategy for my existing EA. The strategy is based on renko wick reversal. Please see attached photo entitled "reversal EA strategy" to follow along.

In this photo the renko gap is 40pips, with candle size of 2pips. There are four examples in the photo. In respect to the first three, the middle line is the trade execution line. Since price is in a downtrend, as indicated by renko sentiment, then a sell order will be executed. The bottom line is the Take Profit line of 20pips. Take profit hit on all three examples. The fourth example follows the same logic, however as you can see, the bottom TP line of 20 pips has not been hit. Price is still running. The top line, SL, has not been hit either. So to clarify, when price reverses to middle line, a sell order will be opened with 20 pip TP(bottom line) and 20 pip SL(top line) automatically. On EA, “EnterAfter” is trade execution based on point where price reverses. In above example, this would be 20, because that is midpoint of renko gap size. Of course, this parameter can be changed by trader’s prerogative.

 

For martingale strategy, if SL is hit, I need the next trade to exponentially increase lotsize with hopes to recover previous loss. I should be able to change these parameters as I see fit. Take a look at the following example below starting with 0.01 lot size, representing a 40pip gap size. 

10     cent  0.01 x 20 = 2.00

20     cent  0.02 x 20 = 4.00

40     cent  0.04 x 20 = 8.00 

80     cent  0.08 x 20 = 16.00

1.60  dollar  0.16 x 20 = 32.00

3.20  dollar  0.32 x 20 = 64.00

6.40  dollar  0.64 x 20 = 128.00

 

........keep building upon this strategy. This will yield $2.00 every win(if it wins of course). I should also be able to change parameters of this based on renko bars. So for example, the 20pips could change to 40, if I am going for an 80 pip gap size. Also, the 20pip can be modified to another pipvalue to compensate for spread(20 changing to 18.2 for 1.8 spread)

I should also be able to set the maximum allowable martingale attempts(lets go to 13 attempts, so you will have to mathematically increase after the $6.40 all the way to 13 of these ). Once martingale has recouped past losses(hopefully), then martingale strategy will cease. At this point it MUST return to normal fixed lot size or account-based lot size stipulated in EA parameter!

 

Noted bugs---

1) Renko bars AND wicks will automatically rewrite themselves. There is constant repainting abound and this makes it impossible to implement any meaningful strategy. This can happen with historic bars farinto the past.

2) Sometimes EA will execute the trade the wrong way. So for example, a buy will be executed instead of a sell and vice-versa.

3) Reference image entitled "anomaly". This happens occasionally with code and needs to fixed. I don't know why this is happening and perhaps entire code needs to be re-written in order to fix this.

 

Note: I have ex4 and mql source files that will be disclosed for modification to the programmer. I will not post files in order to keep my intellectual property from being stolen! 

 

-Thank you

 

Clarence


Yanıtlandı

1
Geliştirici 1
Derecelendirme
(2)
Projeler
2
0%
Arabuluculuk
2
0% / 100%
Süresi dolmuş
0
Ücretsiz
2
Geliştirici 2
Derecelendirme
(49)
Projeler
134
27%
Arabuluculuk
62
13% / 53%
Süresi dolmuş
58
43%
Ücretsiz
3
Geliştirici 3
Derecelendirme
(94)
Projeler
148
59%
Arabuluculuk
16
38% / 13%
Süresi dolmuş
25
17%
Ücretsiz
4
Geliştirici 4
Derecelendirme
(66)
Projeler
95
28%
Arabuluculuk
20
25% / 55%
Süresi dolmuş
24
25%
Ücretsiz
5
Geliştirici 5
Derecelendirme
(16)
Projeler
21
19%
Arabuluculuk
7
0% / 71%
Süresi dolmuş
14
67%
Ücretsiz
Benzer siparişler
Hello, I'm looking for a trade copier from MT5 to NT8. The copier should be able to: 1.) Open/closed trade based on the position in MT5. 2.) Fast executions of trades. 3.) Adjustable Lot Size
Hi all, I'm looking for the conversion of an indicator into an EA based around certain rules. I'm also looking for the EA to have a dynamic target/stop loss based on standard deviations with dynamic order sizing. Likely to be future work after this as well
I need Copy Trade program on MT5 to MT5 With Some Condition..... 1. Trade must be on Reverse (IF Master Buy then On Slave is Sell) 2. Custom Lots Size on Slave 3. Symbols Adjustment 4. TP and SL (on Slave TP and SL +.50 Added) 5. Open and Closed Order on Same time(Also On market Condition)
NEED A DEVELOPER TO CREATE AN INDICATOR USING MOVING AVERAGES AND TO LOCK IT SO THAT ITS NOT EDITABLE OR VALUES CHANGED. I NEED THE INDICATOR TO HAVE LOG IN DETAILS AND A TRIAL RUN, THE CODE WILL EXPIRE AFTER A CERTAIN PERION AND ANOTHER CODE MUST BE OBTAINED FOR THE INDICATOR TO WORK. I WILL PROVIDE THE SETTINGS
Alves bot 30 - 70 USD
I need a honest guy who can create a coded trading robot which can execute trades based on only 3 indicators RSI , MACD AND 2 EMA Iwill provide all the necessary settings needed for macd the rsi and ema. If the robot is not possible then i need someone who can combine all this indicators to work as one indicator to be providing entry points
Buenos días, estoy buscando desarrollar una EA que utilice los retrocesos de fibonacci. y sus extensiones ya que operando manualmente me ha dado buenos resultados, las condiciones son las siguientes: dibujar fibonacci entrada entre el nivel 78.60% y 88.00% stop loss en el nivel 120.00 % take profit entre el 0.00% y el -27.00% lotaje basado en los pips de distancia entre la entrada y el stop loss, siempre arriesgando
"I have a MetaTrader 5 file and I want to convert it to MetaTrader 4. Is there anyone who can easily and quickly help me complete this task? Please let me know, and I will assign this job to them."
EA with two types of trading strategy’s. Each to be turned off and on if I wish. Trading strategy 1 Variables #stoploss #virtual take profit distance for example 5,10,15,20 # only one trade placed at a time. 1m chart if current bar move 200pips in a direction then a buy or sell is placed depending on that direction. Stop loss to be 180 in opposite direction to the trade for example 200 bullish movement then
Scalping bot MT5 100 - 250 USD
Expert (Trading Robot) Scalping bot to trade off Support / Resistance lines Operating on MT5 Used on all Market Watch Symbols (Forex, Commodities, Indicies, Virtual Indicies) Bot must be able to start trading within seconds of being activated Programming to be precise for accurate execution Full detail to be sent to successful applicant
I need a bot that would buy or sell, then open a hedge if the trade is losing Create a hedging Expert Advisor (EA) in MQL5 for MetaTrader 5, which persistently opens counteracting trades based on the outlined logic, with features that manage the initiation and oversight of these trades, adhering to the defined multipliers for position sizes. The EA will terminate all trades once it achieves a collective take profit

Proje bilgisi

Bütçe
100 - 250 USD
Geliştirici için
90 - 225 USD
Son teslim tarihi
from 1 to 10 gün