All orders
Rules
Specification
I need an Ladder EA that has inputs where I can set the following:
All orders are limit orders
INPUTS
Starting Criteria:
Input: Initial Trade Direction - Choose if Buys/Sells or both (Buy only) (Sell only) (Both directions)
Input: If no bids are picked up in x time, then recast ladder at current price (x mins)
Input: Choose Quantity to risk (Lot size) or ($ amount)
Buy grid trading fields:
Input: Choose distance where ladder should start from current price ($x.xx)
Input: How many buys on ladder? (39) (ie - 39 buy orders spaced evenly at $x.xx). (39 will be the max as API will not allow more that 39+39 in one minute)
Input: Spacing between each buy order on ladder ($x.xx) or (ATR Value - from 1 min, 2 min, 3 min, 4 min, 5 min, 10 min, 15min, 30m, 1 hour, 2hr, 4hr,12hr, 1 day, 2 day, 3 day, 4 day ATR'S)
Input: Choose how many lots/$ to have for each buy order in ladder (ie - 1;1;2;3;3;4;5;6 etc). (Set by coefficient of 10000
Take profit panel:
Input: TP on one limit order? (Yes/No)
If no - close by Sell Ladder
Input: Sell Ladder: How many bids filled on longs before sell ladder activates? ($x.xx)
Once Sell ladder activated - place sell ladder from current averaged price upwards according to sell ladder distance.
If more bids on longs are collected from ladder before sell ladder closes all open trades, and average price moves down, cancel sell ladder and replace at current averaged entry price for every new bid filled.
Input: for TP by grid: Sell Ladder: Spacing between each buy order on ladder ($x.xx) or (ATR Value - from 1 min, 2 min, 3 min, 4 min, 5 min, 10 min, 15min, 30m, 1 hour, 2hr, 4hr,12hr, 1 day, 2 day, 3 day, 4 day ATR’S)
Input: Set tp ladder to increasing/decreasing/flat according to how much the current trade is..by scale coefficient of 10000
Input: SL? (Yes/No)
Input: If SL, Place SL when passing ladder by ($x.xx)
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Additional Notes:
When the user chooses Initial trade direction = Sell only… then the above instructions are reversed for sells instead of longs.
When the user chooses Both directions - then have both a long buy ladder and short sell ladder at the same time, and add the TP ladder to overlay on top of existing ladders to close the open trades