An EA that places multiple buy and sell orders at once, at the same prices

MQL5 Experts

Job finished

Execution time 22 days
Feedback from customer
Extremely patient and talented. Thank you!

Specification

I'd like an EA for MT5 that places buy and sell orders at the same prices everytime the current price changes and allows me to choose between automatically closing positions once the price reaches the desired profit or loss (just like when we manually close positions) and setting up a defined take profit/stop loss. I'm aware that any position can be closed with greater profits or losses than desired due to market fluctuations.

I must be able to choose:
• Whether I want the orders to be placed every 1, 2, 5, 10 ticks, etc. above/below the current price
• How many orders must be placed at once. No matter the number I choose, half of them must be placed above the current price, the other half must be placed below it
• Whether I want positions to automatically close once they reach the desired profit or loss or define a take profit and stop loss
• Whether I want positions to automatically close once they reach the desired profit but have a defined stop loss
• Whether I want buy positions to be placed at prices that already have placed buy orders/open buy positions or not, the same applies to sell orders and positions

An example to explain the basics: if the current price is 64.42, I chose the orders to be placed every 1 tick above/below the current price and 40 orders to be placed at once, 20 orders must be placed above 64,42. A buy stop and a sell limit at 64.43, a buy stop and a sell limit at 64,44 and so on, all the way up to 64,52. The other 20 orders must be placed below 64.42, a sell stop and a buy limit at 64,41 and so on, all the way down to 64,32.

Other rules:
• Any orders that are too far from the current price must be cancelled. In the example above, since 40 orders must be placed at once and they're placed every 1 tick, this means that the 10 prices above/below the current price would have orders placed. If the price goes up, any orders that are more than 10 ticks below the current price must be cancelled. If the price goes down, this goes for orders that are too far above it
• Orders placed above the current price must always be buy stop and sell limit, orders placed below it must always be buy limit and sell stop.
• Buy and sell orders must always be placed at the same prices. If, for example, the current price is 64,42 and the lowest price a buy stop order can be placed is 64,44, a sell limit order must not be placed below this price
• Orders must not be immediately placed once the EA is executed. The current price must change before any orders are placed

Other fields required for the EA:
• Risk management - must choose whether the lot size for each trade will be a percentage of the account's balance or always the same value
• Trailing stop - choose to add a trailing stop for every position and enter the amount of points/ticks for it
• Trading time - start trading time and end trading time
• Keep positions open or close them when trading time's up

• Stop win and stop loss for the day in money

Interested? Questions? Feel free to contact me!

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Project information

Budget
200 - 300 USD