I am running an EA at the moment and its perfect for placing orders however it misses a lot of stop and take profit placements in the program due to an ATR trail that cant keep up with the orders.
I would like to be given the coding that I will put into the EA that allows a profit and stop loss on equity at the starting of the EA a total profit and or loss for all basket positions that don't have a set stop or profit value in the EA. I want the profit and loss percentages to be individual set by params in the EA not the same value for each. Once the profit amount is achieved I would like a step trail value to be placed in percentage terms. Example profit target 10% trail stop 3%. Once it goes to say 10% the highest profit above the set value it must drop back 3% to take profit. Stop loss will be a fixed percentage say 10%.
At the same time I want the EA to stop if losses go to a certain percentage of equity in that EA only selectable in the EA params by say 20%.
It will keep taking profits or stopping losses on the last updated equity value however if it goes back to a pre set equity value in dollars it will stop too. I can edit this in the EA.
See the chart to show the equity profit at times is higher and this can be taken as profit.
I would like to print the Net equity on the chart screen, Comment()
I have edited many EAs and do know a bit about coding but the time to try and work this out I thought I would ask a professional. If it can be provided to slot into OnInit, OnDeinit, OnTick etc
Please don't reply if you only know MT4 like some coders here.