Limit&PendingOrders

MQL4 Experts

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Execution time 6 hours
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Specification

Hi, let an Ea place buy stop with 0.2 lot that can modify buy stop price with a distance of 100 points from the market (A moving buy stop that can only move down, example down is 1.12500, 1.12495, 1.12490). If market hits the moving 0.2 lot buy stop then delete all buy limit.
Place 4x buy limit with 0.05 lot with multiple distance of points from the market, see image. If market hits 0.05 lot buy limit, at that time reduce the moving buy stop with 0.05 lot, buy stop will then be 0.15 lot.
If market hits the second 0.05 lot buy limit, at that time reduce the moving buy stop with 0.05 lot again, buy stop will then be 0.10 lot. If market hits the third 0.05 buy limit, then buy stop will be 0.05 lot. If market hits the fourth 0.05 buy limit, then buy stop will be 0 lot (totally deleted).
The total lot of buy stop or buy stop & buy limit or buy limit should always be 0.2 in this example.

Let an Ea place sell stop with 0.2 lot that can modify sell stop price with a distance of 100 points from the market (A moving sell stop that can only move up, example up is 1.12500, 1.12505, 1.12510). If market hits the moving 0.2 lot sell stop then delete all sell limit...

Lot = 0.2 (For Pending orders)
Use buy stop = true
Use sell stop = true
Pending orders shoul move with market
Pending orders distance = 100 points (Distance from the market)
Lot = 0.05 (For all limt orders)
Use all buy limit = true
Use all sell limit = true
First limit order distance = 200 points (Distance from the market)
Second limit order distance = 300 points (Distance from the market)
Third limit order distance = 400 points (Distance from the market)
Fourth limit order distance = 500 points (Distance from the market).

See image.


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Project information

Budget
30+ USD
Deadline
from 1 to 2 day(s)