OWN Startegy

Hi,

Kindly find below the detail Strategy below, If any one interested kindly let me know,

For understanding : GBPUSD, Spread 0

Stage1: As soon EA starts, open both buy and sell at same point eg:1.30000.

Stage2: EA should Put TP for both buy and sell at 35 points.

Stage 3: open 10 pending buy and sell limits with interval of 20 pips and lot increment of eg: 1.7 times of previous order eg: 0.1, 0.17, 0.28, 0.47........till 10^th order. I should also enter lot values in EA for 10 orders.  

stage4: If either buy or sell (1^st order) closes in TP, eg: if buy closes in TP, EA should open one more buy (immediately as soon as TP hits) with same lot value and EA should move the exiting 10 buy limits with 20 points interval from opened price.

Stage5: If either buy or sell 2^nd order is triggered EA should move the TP of both the position to 35 points from 2^nd position eg: Buy 1 – 1.30000, buy 2- 1.2980 TP for both the position should be at 1.3015, if the 3^rd order gets triggerd TP should move to 35 points from  from the 3^rd position eg: buy 1-1.3000, buy 2 – 1.2980, buy 3 – 1.2960, TP for 3 trades should be place at 1.2995 (35 points from 3^rd order)……..this goes on till 10^th order.

Stage 6: If either sell or buy closes in TP after triggering 4^th order, EA should delete all the related pending order eg: if sell closes in TP after 5^th order is  triggered, EA should close the reaming pending order of sell, and EA should open new sell position with 1^st lot ie 0.1 and place 10 pending sell order  with interval of 20 points and lot increment of 1.7.

Stage7: if 10^th order of either sell or buy is triggered eg: if 10 sell order is triggered, EA should open buy order at the same point of 10^th sell order with lot size of ( cumulative of 10 sell order).

Stage 8: EA should place the Sl of buy (opened in stage 7 at 35 points)