Can some one make this EA ?
Hello friends, i just calculated a strategy and did it manually for sometime. i got good results. i want to make this strategy into a EA. i don't know mql4. so i request to make this strategy into a EA.
Here is the strategy.
1) Find current rate
When I open computer and start meta trade platform what is the shown price in all currency pairs, commodities, that is a current rate
For example one pair
If Current Rate is – 1300
Compulsory put pending buy order and pending sell order
Buy Order Sell Order
1) buy 1310 – T.P 1320 - S.L 1300 sell 1290 – T.P 1280 - S.L 1300
2) buy 1320 – T.P 1330 - S.L 1310 sell 1280 – T.P 1270 - S.L 1290
3) buy 1330 – T.P 1340 - S.L 1320 sell 1270 – T.P 1260 - S.L 1280
4) buy 1340 – T.P 1350 - S.L 1330 sell 1260 – T.P 1250 - S.L 1270
5) buy 1350 – T.P 1360 - S.L 1340 sell 1250 – T.P 1240 - S.L 1260
6) Etc ( if depend on profit) Etc ( if depend on profit)
1) if touch 1320 profit same this side put buy order
Put sell order
sell 1310 – T.P 1300 – S.L-1320
2) if touch 1330 profit
Put sell order
sell 1320 – T.P 1310 – S.L-1330
sell 1310 – T.P 1300 – S.L-1320
3) if touch 1340 profit
Put sell order
sell 1330 – T.P 1320 – S.L-1340
Up to how many buy orders
And
same this side put sell orders
If going on touch T.k profit 1360 and down 1270
Again market going above
You put buy orders start with 1300 – T.K 1310 - S.L. 1290
Finally whatever market is going up and down we need a every 10 pips profit for all pairs
Trailing stop for each orders should be 5.
Your idea looks like some grid trading systems. You can check threads like these :
https://www.mql5.com/en/forum/179702
https://www.mql5.com/en/forum/general
PS: I doubt that on any trader you can have a trailing stop of 5 pips (due to minimal distance for stop losses from the current price - majority of brokers have minimal distance for stop losses greater than that)
Your idea looks like some grid trading systems. You can check threads like these : PS: I doubt that on any trader you can have a trailing stop of 5 pips (due to minimal distance for stop losses from the current price - majority of brokers have minimal distance for stop losses greater than that)
thank you for your suggestion. i checked both the EA's. but both of these are not as per my requirement. the calculation i posted here is make good profits. it will make losses also but profits will be more then losses. so i want to make this calculation as an EA.
Please any body help me.
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Hello friends, i just calculated a strategy and did it manually for sometime. i got good results. i want to make this strategy into a EA. i don't know mql4. so i request to make this strategy into a EA.
Here is the strategy.
1) Find current rate
When I open computer and start meta trade platform what is the shown price in all currency pairs, commodities, that is a current rate
For example one pair
If Current Rate is – 1300
Compulsory put pending buy order and pending sell order
Buy Order Sell Order
1) buy 1310 – T.P 1320 - S.L 1300 sell 1290 – T.P 1280 - S.L 1300
2) buy 1320 – T.P 1330 - S.L 1310 sell 1280 – T.P 1270 - S.L 1290
3) buy 1330 – T.P 1340 - S.L 1320 sell 1270 – T.P 1260 - S.L 1280
4) buy 1340 – T.P 1350 - S.L 1330 sell 1260 – T.P 1250 - S.L 1270
5) buy 1350 – T.P 1360 - S.L 1340 sell 1250 – T.P 1240 - S.L 1260
6) Etc ( if depend on profit) Etc ( if depend on profit)
1) if touch 1320 profit same this side put buy order
Put sell order
sell 1310 – T.P 1300 – S.L-1320
2) if touch 1330 profit
Put sell order
sell 1320 – T.P 1310 – S.L-1330
sell 1310 – T.P 1300 – S.L-1320
3) if touch 1340 profit
Put sell order
sell 1330 – T.P 1320 – S.L-1340
Up to how many buy orders
And
same this side put sell orders
If going on touch T.k profit 1360 and down 1270
Again market going above
You put buy orders start with 1300 – T.K 1310 - S.L. 1290
Finally whatever market is going up and down we need a every 10 pips profit for all pairs
Trailing stop for each orders should be 5.