Develop an EA

I´m looking for an EA which is placing several pendings xpips under and xpips over the actual price. If one of the order is executed order should be handeled via trailing. SL and TP for all orders the same.

EA does every xminutes update / replace the orders on definite criteria and does deleted the old orders. EA does first place the new orders and does than deleted the old orders.

EA does only handel his orders – not orders from other EA.

The lot calculated as follows:
EA does calculate the difference of all buy and sell orders in Market – If there are now 3.5 Lots more buy orders open – this 3.5 Lots are the orders fore sell side.
But note If Minimum Lots – xpercent of all orders in sell direction is higher – than EA does use Xpercent of all orders in direction.
Sell orders are definated and in this example for the buy side EA does use Xpercent of all open buy orders in Terminal.

Placing the Orders:
Orders are placed as pending xpips away from actual price. And than comes 3 more pendings with same lots as the first pending and with TP and SL.

Note this orders will be updated ever xMinutes – placed new pending’s and after placing the new pendings deleting the old pending’s.

Every pending of this EA does have a trailing. In Chart should shown if an pending is executed and Trailing is active.
If no pending is executed- in Chart - Trailing off
If an pending is executed – in chart - Trailig on

Parameter:

MagicNr.

Sl: 10 pip

TP: 120 Pip

Xpips away from actual price – 60 Pip - for buy and sell pending
Xpips away from first pending for second pending 20 Pip
Xpips away from first pending for third pending 30 Pip
Xpips away from first pending for forth pending 40 Pips

Trailing pips if in market- every xpips SL should trail every xpips should SL xpips move
Trailing of SL – every 10 Pips profit SL should move 10 Pips

xMinutes update – Replace and delete the old orders every 10 Minutes

Lots:

Minimum lots – xpercent of all orders in direction 80%

In Chart should showed:

Last update and replacing the new pendings. so every 10 Minutes

Open buy and sell orders in Market – and the difference/oversize of them - update every 10 Minutes
The minimum Lots for buy and sell side from Xpercent - update every 10 Minutes
Trailing off or on- realtime

Example placing pendings:

Actual price is 1.2000 – see above sets.

EA does place now the first buy and the first sell pending. And then the next buy and the next sell – and so on. To first all buy and than the sell orders.

First buy will be placed as 1.2060
First sell will be placed as 1.1940

Second buy will be placed as 1.2080
Second sell will be placed as 1.1920

Third buy will be placed as 1.2090
Third sell will be placed as 1.1920

Forth buy will be placed as 1.2100
Forth sell will be placed as 1.1920

If after xMinutes (above set is every 10 Minuts) update the actuall price will be 1.2040 EA das place new pendings and does deleted the old one.

Place new first Pending
Deleted the old firs pendings

Place new second pendings
Deleted the old second pendings

Place new third pendings
Deleted the old third pendings

Place new forth pendings
Deleted the old third Pendings.

Example Lot calculation:

All open buy orders in market are 5 lots
All open sell order in Market are 3 lots

Differenz is 2 Lots on sell side – so for all sell orders is 2 lots.  But because of Minum Lots Xpercent  is 80%  - 80 % of all sell orders are 2.4 lots - Lots for all sell side is 2.5 Lots

For buy side is Minimum Lots Xpercent is 80 % - so 80% from 5 lots is 4 lots so for all buy pendings is 4 lots.

Update:

What happens if the first or also the second pending is executed…?

If an update is done all pendings are placed no matter if there are any pendings executed.

So after an update first till third pending is placed in each side.