In Progress

Grid Trading + martingale MT4 EA

Hi,

I am looking for a programmer to build a grid-martingale expert advisor in mql for Metatrader 4.

The expert should be provided as a mq4 format and I would keep all the proprietary rights on the EA.

Outlook of the strategy:

- Should work on any time frame, with any pair, with 4 or 5 digits brokers, ECN and non-ECN brokers

- Should be very very fast to backtest/optimize in MT4 (that’s key) ==> thus all entries and closes should be done at the opening of the next bar to make the open bar backtest in MT4 reliable

- Entry rules will be based on simple price action, not on indicators

Management of trades :

o If the market goes in the direction of the trade ==> close when target profit is reached (target profit should be optimizable)

o If the market goes into the opposite direction ==> open a basket of successive trades against the trend in the hope the market will retrace and close when target profit is reached or when the safety basket stop loss is reached

The safety basket stop loss will be a stop loss with close at a chosen portion of a percentage of equity loss (example : if equity loss is more than 20 % of balance account, then close trades accounting for z % of this 20% loss). This should be done by closing the oldest trades first and the EA should be able to continue with the basket i.e. continuing opening new trades until target profit is reached or until other basket stop loss is reached etc…

o Regarding opening of new trades, two methods can be chosen : lot multiplier or lot increments (the choice of one of the two will exclude the other). Both of them should be optimizable.

o Regarding pipsteps between each new trade open, two possible methods (to be chosen in the parameters) : 1) distance in pips between each trade (each pipstep can be different from each other) or 2) pipstep as multiple of ATR (both period and multiples optimizable)

Other options : time filter and news filter (ffcal news indicator is fine).

The programmer should also be available to support the EA until a final product is achieved.

Skills: Metatrader

See more: martingale mt4, grid mq4, mt4 grid, grid trading mt4, grid trading, grid trend, mq4 grid, grid martingale, martingale grid, fine martingale grid trading, martingale grid expert, metatrader martingale, build mt4 martingale, mt4 trading, martingale mq4, grid lot multiplier, grid trend trading, basket trading martingale, non martingale, non martingale mt4, martingale based strategy mt4, grid trading martingale, grid martingale trend, grid mt4, trading account accounting

About the Employer:
( 3 reviews ) Thimougies, Belgium

Project ID: #2523726

Awarded to:

matharpa

Hello, I am expert in making EA and CI for MT4. Check PMB for details.

$250 USD in 3 days
(37 Reviews)
5.5

11 freelancers are bidding on average $332 for this job

barmenteros

Hello. I am interested in your project. Please, take a look at my profile and check your PMB for more details about my offer. Thanks

$400 USD in 5 days
(45 Reviews)
6.6
MarceloAptrafx

Dear Sir, Kindly check out your my private message box. Best Regards, Marcelo Marques

$600 USD in 3 days
(71 Reviews)
6.5
trivietsales

Hi, I have read your project requirements and the EA specification. I have coded similar ones, I can work for you. Please check PMB for further discussion. Thanks, trivietsales

$300 USD in 5 days
(13 Reviews)
5.4
JackRh

Hello, Kindly check out my private message and keep me posted on your findings, Thanks. Jack.

$250 USD in 3 days
(37 Reviews)
5.1
oromek

hi i can make this work for you regards

$300 USD in 3 days
(11 Reviews)
4.6
net0Free1Lance2

Please see your PMB.

$250 USD in 2 days
(15 Reviews)
4.6
gFreelancer4U

I am very interested in doing this project for you. Please check PM.

$250 USD in 5 days
(40 Reviews)
4.4
esalem

Hello, please see the PM for details.

$250 USD in 3 days
(4 Reviews)
3.9
MTProgrammer

Hallo Meneer, let me do it for you. Regards

$250 USD in 5 days
(2 Reviews)
2.8
ChinaEricHe

Hi, I am EricHe in MQL5 website. I have lots of successful job cases and got excellent feedback from the customers. Please check detail from here: [url removed, login to view] infarm: Each job g More

$300 USD in 10 days
(2 Reviews)
2.5
nhasan

I am testing an EA with almost same strategy on demo account for three months. You can see it's performance from here: [url removed, login to view]

$500 USD in 7 days
(0 Reviews)
0.0