Need a modification of an existing EA. The modific concerns about inserting a lot management that increase lot at each take profit

MQL4 Indicators Experts

Specification

I have an EA that trade at fixed lot. I need to modify it by inserting a money management that increases lot at each step (that is every time it reach a take profit) according to the following formula:

L(n)=M*(L(n-1)+X*fL (n-1))

where:

  • (n) and (n-1)  indicate the step n and step n-1
  • fL = P*equity  where equity is the equity of the account and P is  percentage (input parameter) that I want to use for the trade (it' is proportional to the risk I want to take)
  • X is an input parameter (it can be also a negative floating number)
  • M is an input parameter (positive floating number)

If order reaches stop loss than the next lot will be:

    P*equity

It should be possible also to set in the parameters the input variable MSOI = Max Step Of Increment that is max number of steps of increment of the lot.

If this max is reached than the next lot will be: P*equity


I attach the EA I want to modify

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Project information

Budget
30+ USD
VAT (22%): 6.6 USD
Total: 36.6 USD
For the developer
27 USD
Deadline
to 1 day(s)