Download MetaTrader 5
To add comments, please log in or register
Are you a real pro? Share your knowledge with millions of traders!
looser
5
looser 2014.08.03 19:37 
Anybody Can Code This Strategy as an EA Please ?


> EA will open 15 BUY STOP orders & 15 SELL STOP orders. ( number of orders changeable )
   keeping distance 10 Pips from the market price/or given price ( changeable )
   take profit 10 pips & stop loss 15 pips ( changeable) instant.

   Now, if price triggers BUY STOP & hit take profit, as soon as this Order closed 
   
1> EA will Add a New SELL STOP just above those older Sell Stop orders maintaining the same
    distance 10 pips. 

2> At the same time it will remove a Sell Stop Order from the bottom of those 
    older Sell Stops.
 
3> EA will add a New BUY STOP order just above those older Buy Stops keeping
    the same distance 10 pips.
 
4> As long as market will go to the same direction and hit take profit, EA will 
     keep continue the rules. {( all these 4 things must happen in a second ( no delay)}

> If price triggers SELL STOP first, then opposite rules will be applied ( I hope it's easy for you to understand ) 
   
   So, always pending orders distance will be 10 + 10 = 20 pips from the market price  

>>> Now, if price comes back & hit stop loss then EA will add a BUY STOP Just bellow the previous buy stop order
      maintaining the same distance 10 pips.
      
>>> And just opposite rules will be applied if price comes back after hitting a Sell Stop & hit stop loss.
   
      *Number of Pending orders always will be 15 + 15 = 30         (or 29 , coz one will be opened order)

       *please code it for 5 digit mt4
If I did any mistake (wrong) in description please pardon me and kindly fix it. Hope to get Quick Help.

Lot Of THANKS in ADVANCE

Regards

shanzidur.rehman 

Stuart Browne
5782
Stuart Browne 2014.08.03 23:43  
Your best bet is to raise a job in the freelance section: https://www.mql5.com/en/job
MQL5 jobs
MQL5 jobs
  • www.mql5.com
Orders for the development of automated trading programs
/
To add comments, please log in or register