Same direction Exponential lot multiplier

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Specification

Hi,

 

I need an EA that opens a predefined long or short position (input 1) on a predefined lot size (input 2), when it’s added to a chart.

 

The EA needs a predefined take profit (input 3) and a predefined stop loss (input 4).

 

If the take profit is reached a new position will open in the same direction as selected in input 1, with the lot size entered in input 2.

 

If stop loss is reached a new position will open in the same direction as selected in input 1, with the lot size entered in input 2 times an exponential lot multiplier (input 5).

Example if the exponential lot multiplier is 2:

 

If the stop loss is reached, a similar position in the same direction is opened, but with the predefined lot size x2.

 

If the stop loss is reached, a similar position in the same direction is opened, but with the predefined lot size x4.

 

If the stop loss is reached, a similar position in the same direction is opened, but with the predefined lot size x8.

 

If the stop loss is reached, a similar position in the same direction is opened, but with the predefined lot size x16 etc. etc.

 

If max consecutive losses (input 6) is reached, the EA restarts and a new position will open in the same direction as selected in input 1, with the lot size entered in input 2 times 1.

 

 

Input 1: Long or Short

Input 2: Lot size

Input 3: Take profit in pips

Input 4: Stop Loss in pips

Input 5: Exponential lot multiplier

Input 6: Max consecutive loss


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Project information

Budget
30+ USD
VAT (25%): 7.5 USD
Total: 37.5 USD
For the developer
27 USD
Deadline
to 3 day(s)