Base price EA for MT5

Job finished

Execution time 8 minutes
Feedback from customer
Quick, patient and attentive. Such a joy to work with!

Specification

I'd like an EA that places multiple buy and sell stop orders according to two base prices. Whenever the market hits the higher price, sell stop orders must be placed on the lower one. Whenever the market hits the lower price, buy stop orders must be placed on the higher one. Also, the current base prices must always be shown on screen and they must change as the market price drops or rises, according to the rules below.

• Chosen base price – A price I must choose, that determines the second base price.

• Second base price – I must choose if it will be lower or higher than the chosen one and it must be determined by the "distance between base prices" field.

• Distance between base prices – Example: If I'm trading BTCUSD, the chosen base price is 105765.25, I want it to be the lower base price and the number on this field is 3750, the second base price must always be 3750 ticks above the other one, which means the second price is 105802,75. If one of the base prices change according to the "change base prices every _ ticks", the other one must change as well, so the distance between them remains 3750.

• Change base prices every _ ticks – If 105765.25 is the lower base price and the number on this field is 1250, both prices must change if the market price drops to 105752.75, 105740.25, 105727.75 and so on. If the higher base price is 105802.75, it must change if it goes up to 105815.25, 105827.75, 105839.25 and so on.

• Number of orders – Example: if the number on this field is 5, 5 buy stop and 5 sell stop orders must be placed when one of the base prices is hit. For every order executed, a new one must be placed according to the "distance between orders" field so the number of pending orders remains 5.

• Distance between orders – Example: if the lower base price is 105765.25, the number on this field is 1250, and there must be 5 pending orders, the first sell stop order must be placed at this base price, the second one at 105752.75, the next one at 105740.25, and so on. Important: the placement of buy stop orders must also depend on the pair's current spread. If this field's number is 1250 and the current spread is, let's say, 2500, the first buy stop order should be placed 2500 ticks above the higher base price.

Other inputs and rules
• The current base prices must always be shown on screen
• Lot size
• Risk (the lot size will be a percentage of the account's balance)
• Take profit and stop loss for each trade
• Trailing stop in ticks for each trade
• Stop win and stop loss for the day in money
• Choose to open just buy stop or sell stop orders
• Choose to place and execute orders when the market has a specific spread or lower. This must be off if the number is -1 
• Trading schedule – start trading time and end trading time
• Choose to close positions or not when trading time's up

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Project information

Budget
100+ USD