MT5 EA: Sure-Fire_Forex_Hedging_Strategy

Hi Coders, i would require this strategy as an EA for MT5. 

My condition is:

1. EA can be trade with any instrument, in particular major and minor FX pairs, US30 and XAUUSD.  I will need to be able to adjust the pips value in the EA/codes. Reason: Instruments like  US30 and XAUUSD need to work with pip range that are larger. 

2. EA will not open any trades.  

Thats it! 

https://www.dropbox.com/s/10g9dx1his2ng5k/Sure-Fire_Forex_Hedging_Strategy.pdf?dl=0 

In more details as accordingly to the PDF.

Initial Manual Trade: when I execute a manual Buy trade on USDJPY, the EA will automatically set a TP of 30 and a stop loss of 60 pips.

1  ^stHedge Pending Order: At the same time once the manual trade is executed, it will place a Sell Stop just 30 pips below the manual trade with a lot size 3 times of the manual trade. The SL and TP will be the same price based on the manual trade.

2  ^ndHedge Pending Order: Once the Sell Stop is executed, the Buy Stop will be activated with a lot size 2 times of the previous Sell Stop. If the Buy Stop is activated, again the TP/SL will be the same based on the manual trade  

This will continue so on and on, referring to point 5 of the pdf with a lot multiplier of initially 3 and then 2 all the way.

However, If at any point of time, once the TP/SL is hit, all pending orders will be removed. This will also apply when the manual trade is closed manually.

The above example is for USDJPY, but when I am trading US30 or XAUUSD, I will need the EA to set a TP of 300pips and a SL of 600pips.  So, I’m looking for an easily way to how I can adjust this part by adding an addition 0 behind to the code.