Expert Advisor (EA) buy en sell stops

MQL5 Experts Forex

Job finished

Execution time 3 minutes
Feedback from employee
good to work with
Feedback from customer
fast, and no qeustions is to much. really good guy, he knows what he is doing.

Specification

1. Core Functionality This EA places buy- and sell-stop orders at predefined levels and manages positions according to the following parameters:  Buy- and sell-stop orders are placed at manually set levels. Stop-loss and take-profits are adjustable and manually determined. Lot size is automatically calculated based on a configurable percentage of account balance.


2. Multi Take-Profit Structure

The strategy operates with three independent bots, each managing its own take-profit level:

  • Bot 1: TP1 = 1% profit, SL = 0.5% loss

  • Bot 2: TP2 = 2% profit, SL = 0.5% loss

  • Bot 3: TP3 = 3% profit, SL = 0.5% loss

  • Each bot operates independently and does not interfere with the others.

  • Once a TP or SL is hit, the bot automatically removes all pending orders associated with that specific bot.

3. Order Reactivation

  • If the price returns below the original entry level, the bot must place a new buy- or sell-stop order.
  • This process should continue indefinitely, but with an adjustable limit (e.g., after 3 reactivations, the bot stops).

4. Configurable Risk & Position Management

  • Stop-loss and take-profits must be manually adjustable, not fixed.
  • Lot size should be automatically determined based on a configurable percentage of the account balance.

5. Trading Time Limit

  • The bot should include a configurable time limit (e.g., 23:00).
  • After the specified time limit, the bot must:
    • Close all active trades.
    • Stop placing new orders.

6. Additional Features

  • The EA should be flexible and provide adjustable parameters for:
    • Buy- and sell-stop levels
    • Stop-loss and take-profits
    • Reactivation limit
    • Lot size percentage
    • Trading time limit

This document gives a clear and structured overview of your requirements. You can send this directly to your developer to ensure the EA is built exactly as needed. 🚀


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Project information

Budget
30 - 40 USD
Deadline
to 5 day(s)