I am requesting an EA that will place pending orders with a stop loss and take profit then modify the stop loss once filled.

MQL4 Experts Forex

Job finished

Execution time 1 day

Specification

The EA should place a buy order user definable points above the high of the previous bar with a stop loss and take profit. The EA should place a sell order user definable points below the low of the previous bar with a stop loss and take profit. The orders should be placed immediately at the open of the new bar. The orders should have a user definable expiration in minutes. The EA should cancel one order if the other fills. The EA should trade on all timeframes. Once a trade is open, the EA should not place any orders until it is closed. Once a trade is open, the EA should modify the stop loss to break even plus user definable points. The EA should have a trailing stop that is activated at user definable points above or below the order fill price and a trailing step in user definable points. Example:  The EA places a buy order 4 points above the high of the previous bar. The order fills. The EA modifies the stop loss to +12 points at +18 points. The trailing stop is activated at +34 points with a step of 4 points. If the trade is 1.8 pips in profit, the stop loss is modified to + 1.2 pips. If the stop loss is not hit and the trade is 3.4 pips in profit, the stop loss is modified to + 3.0 pips and trailed every .4 pips higher. All user inputs should be in points not pips.


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Project information

Budget
100+ USD
For the developer
90 USD
Deadline
to 1 day(s)