Maths Expert

MQL4 Experts

Job finished

Execution time 2 hours
Feedback from employee
Great customer, with good communication skill. Thanks for your job.
Feedback from customer
Thank you very much Cai Liang for creating such a great job. I definitely recommend him!

Specification

Place buy and sell order of 0.2 lot, if the market make a loss of -30 pips in buy, then add 0.15 lot buy order or if the market make a loss of -30 pips in sell, then add 0.15 lot sell order
If the market continue to make a loss and reach -60 pips in buy then add another 0.15 lot buy order or if the market continue to make a loss and reach -60 pips in sell then add another 0.15 lot sell order etc...
At the time you add the first 0.15 lot order, set Take profit of 10 pips. Set the same take profit just like in the first 0.15 lot order in all other orders that will be added. When profit is taken, close all orders.
10 pips = 100 points.

Example:
Buy placed at 12:45:15 0.2 lot 1.20000, Now Market price is at 1.20300 13:40:30 (30 pips Profit)
Sell placed at 12:45:15 0.2 lot 1.20000, Now Market price is at 1.20300 13:40:30 (-30 pips Loss), (Take profit at 1.20200, after placing the first 0.15 sell order)
In the example, market move upwards with 30 pips, now add 0.15 lot sell at 1.20300, now set both take profit at 1.20200 = 10 pips
Sell order keeps losing, market continues to go up, now at 1.20600 = -60 pips, add another 0.15 lot sell order, also set take profit at 1.20200 etc...

Market finally move down with 40 pips, from 1.20600 to 1.20200. In this case, close all orders at 1.20200 and start from the beginning with 0.2 buy and 0.2 sell etc...

After adding the first 0.15 lot and the order takes profit, close all orders and start from the beginning with 0.2 buy and 0.2 sell etc...

After placing 0.2 buy and 0.2 sell, maximum lots to be added = 0.15 lot x 10.

Directly close all orders, after adding the 10th 0.15 lot = the maximum risk.

If true take profit when the positive trade(s) is higher than the negative trade(s) with €50.

Once you start adding 0.15 lot buy then only add buy order(s) or once you start adding 0.15 lot sell then only add sell order(s).

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