Freelance service at MQL5.com: PENDING ORDERS LIMITER EA

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Execution time 3 days

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Description

Specification

MT4 PENDING ORDER NUMBERS LIMITER EA (LIMITER EA)

CONDITIONS:

1. Say, "N" numbers of LIMIT or STOP pending orders were placed by one EA in a particular time in pending list at same entry price, then LIMITER EA EA shall delete (N-1) numbers of pending orders of same type and at same price level. Here, N>=2

One group of either Buy or Sell pending orders place time & entry price is exactly same.

So, the next group of either Buy or Sell pending orders place time & entry price is exactly same also.

For Example:

(A) Say, there are 9 Buy pending orders for EURUSD at price level 1.2300 were placed at 09:30:30 hours my one EA. Then LIMITER EA shall cancel 8 Buy pending orders and keep only 1 Buy pending order in the pending order list.

(B) Say, After 5 minutes later (09:35:30 hours), there are another 8 Buy pending orders placed again at same price 1.2300 so, LIMITER EA shall close 7 Buy pending orders out of 8 Buy pending orders. But EA not shall delete previous one Buy pending order in example (A).

So, Remaining Buy pending will be two - One from (A) and one from (B)

(C) Again Say, after 1 hour later (10:35:30hours), there are 7 BUY pending orders at another price level 1.2250 were placed by one EA. In this case, LIMITER EA shall cancel 6 pending orders again keeping only one pending order for this price level

So, LIMITER EA shall not close previous two pending orders (One from (A) and one from (B)). Total pending buy pending order will be 3 in the list.

(D) Say, after 2 hours later (12:35:30 hours), there are 7 Sell pending orders at price level 1.2240 In this case, EA shall cancel 6 Sell pending orders but previous 3 Buy pending orders will be in pending list

Finally there will be 3 pending orders and 1 sell pending orders in the list.

LIMITER EA will control number of pendings orders in this way.

2. EA shall not reject any direct market orders.

3. EA shall not do any other things except deleting (N-1) number of same type pending orders at same price level were taken for a particular time.

4. If there is only one pending pending were taken by other EA or manually, LIMITER EA will not cancel that order since it is only one pending orders what is minimum order.

My fixed budget is $30. No negotiation will be accepted for this small job.

If you are confident, you can prepare a demo EA with one day time period lock period. If it works well, I shall directly select you.

Files:

TXT

PENDING_ORDERS_NUMBERS_LIMITER_EA.txt

2.5 Kb

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Project information

Budget

30+ USD

Deadline

from 3 to 5 day(s)

Specification quality
Result check quality
Availability and communication skills