Ambika

📌 Project: Multi-Layer Pending Order EA (MT5)

1. Overview

The EA should:

• Detect a manual pending order placed by the user

• Create 3 additional layered pending orders based on it

• Treat each manual order as an independent group

• Activate only after Stop Loss (SL) is set

• Keep SL/TP synchronized across group orders

• On Take Profit (TP) hit, perform:

  • Pending cancellation OR

  • Break Even (BE) action (based on conditions)

2. Group Concept (Core Logic)

• Each manual pending order = one unique group

• Each group must be identified using:

  • Magic Number (recommended) OR

  • Unique Order Comment (Group ID)

👉 Important:

• Groups must be completely independent

• No cross-interference between groups

3. Activation Rule (SL Required)

• EA must NOT take any action until:

  • The manual order has a Stop Loss set

Conditions:

• SL = 0 → ❌ No action

• SL is set → ✅ Activate EA for that order

4. Order Structure (Example - Buy)

🔹 Base Order (Manual)

• Entry Price = 4809

• Stop Loss = 4800

• Take Profit = 4813

🔹 EA Layer Orders (after SL is set)

1. Layer 1

   • Entry = 4808

   • SL = 4800

   • TP = 4813 + 5 = 4818

2. Layer 2

   • Entry = 4807

   • SL = 4800

   • TP = 4818 + 5 = 4823

3. Layer 3

   • Entry = 4806

   • SL = 4800

   • TP = ❌ No TP (leave open)

5. SL / TP Synchronization

If the user modifies the base order:

When SL is changed:

• EA must update SL of all pending layer orders in the same group

When TP is changed:

• EA must recalculate and update TP for all layer orders:

  • Layer 1 → Base TP + 5

  • Layer 2 → Previous layer TP + 5

  • Layer 3 → No TP

👉 Only pending orders should be updated
👉 Do NOT modify already filled trades

6. Execution Behavior

• Orders may be filled partially or fully

• EA should only monitor until conditions are triggered

7. Take Profit Logic (Core Behavior)

🔹 Case 1: Pending Orders Still Exist

If:

• Base order TP is hit

• AND some group orders are still pending

Action:

• ❌ Cancel ONLY remaining pending orders of that group

• ✅ Do NOT affect filled/open trades

🔹 Case 2: All Orders Filled

If:

• All group orders are filled (Base + 3 layers = 4 trades open)

• AND price reaches Base TP

Action:

• ✅ Set Break Even (BE) for all open trades

8. Break Even Logic

Preferred:

• Basket Average BE

  • SL = weighted average price of all open trades

Alternative:

• Individual BE per trade (optional)

9. Multi-Group Handling

Example:

Group 1:

• 4809 + (4808, 4807, 4806)

Group 2:

• 4780 + (4779, 4778, 4777)

If:

• Group 1 TP is hit

Then:

• ✅ Apply logic ONLY to Group 1

• ❌ Do NOT affect Group 2

10. Restrictions

The EA must NOT:

• Interfere with other groups

• Cancel unrelated pending orders

• Modify open trades unnecessarily

11. Final Summary

• SL must be set → EA activates

• 1 manual order = 1 group

• EA creates 3 layered pending orders

• SL/TP changes → auto synchronized

• TP hit:

Case A:

• Pending exists → cancel pending

Case B:

• All filled → move all trades to BE

12. One-Line Logic

👉 SL set → create layers → sync updates → TP hit → cancel pending OR move all trades to BE (based on fill status)

End of Specification