EA to split one limit order into multiple smaller ones

 

Hey guys, I'm looking for an MT4 EA that allows me to devide one limit order into several smaller orders all with the same risk %.

Example: I want to enter a trade on this parameters:

Limit: 5 $

SL: 4,5 $

Total risk 5 %

Number of "sub-orders": 5


And the result would theoretically be:

Trade #1: Limit: 5 $, SL: 4,5 $, Risk: 1%

Trade #2: Limit: 4.9 $, SL: 4,5 $, Risk: 1%

Trade #3: Limit: 4.8 $, SL: 4,5 $, Risk: 1%

Trade #4: Limit: 4.7 $, SL: 4,5 $, Risk: 1%

Trade #5: Limit: 4.6 $, SL: 4,5 $, Risk: 1%


Any idea whether such an EA exists?


Thanks for the assist!

 
Your topic has been moved to the section: MQL4 and MetaTrader 4

Please consider which section is most appropriate — https://www.mql5.com/en/forum/172166/page6#comment_49114893

     
    behdad.bod: Any idea whether such an EA exists?

    No, I doubt that such a specific EA exists.

    You can however, look at the Codebase if something free already exists, or in the Market for paid products (also sometimes free). However, recommendations or suggestions for Market products are not allowed on the forum, so you will have to do your own research.

    Finally, you also have the option to hire a programmer in the Freelance section.

     
    Fernando Carreiro #:

    No, I doubt that such a specific EA exists.

    You can however, look at the Codebase if something free already exists, or in the Market for paid products (also sometimes free). However, recommendations or suggestions for Market products are not allowed on the forum, so you will have to do your own research.

    Finally, you also have the option to hire a programmer in the Freelance section.

    Thank you!

    Reason: