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An EA that re-open pending order in the original position once T/P is hit

MQL4 Experts Forex Trading robot/indicator debugging

Job finished

Execution time 12 days
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Specification

I need an EA as per the requirements below.

  1. To start the trade by choosing the direction of trade (Long or Short) by placing pending orders (Limit or Stop order).
  2. To be able to key in pre-determined Price level, Lotsize, Take Profit (in pips) and Stop Loss (in pips).
  3. When the T/P of the open order is hit, the EA will reopen a new pending order at the same pre-determined price level with the same Lotsize, S/L and T/P level. The EA should continue to reopen a new pending order at the same pre-determined entry price if the order is triggered and T/P is hit again. It shall continue to re-open a new pending order until the EA is terminated. The2 conditions for EA to be terminated:
  • The EA is terminated if the pending order is cancelled, either manually or via One Cancel All function in platform.
  • The EA is terminated if the Stop Loss of the open position is hit.
  1. Need Magic Number in the EA.
  2. Need two EA - one in MQL4 & one in MQL5.
  3. Need source file of the EA.

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Project information

Budget
40+ USD
Deadline
from 1 to 10 day(s)