Specification

✅ MT4 EA Developer Checklist (For Your Ladder EA)
1️⃣ Indicator Integration
 EA reads signals from provided custom indicator (.ex4 or .mq4)

 Detects “Buy Next” / “Sell Next” signals on current candle

 Works with arrow-based or buffer-based signals

2️⃣ Next Candle Execution
 EA does not trade on the candle where the signal appears

 Orders placed only at first tick of the next candle

 Timeframes supported: M1, M5, M15, H1, etc.

3️⃣ Step / Ladder Trading
 Maximum trades per signal = 10

 Take Profit per trade = 10 pips (adjustable)

 Distance between trades = 10 pips (adjustable)

 Option A: All orders placed at once

 Option B: Step-by-step, next trade triggers after previous one executes

4️⃣ Stop Loss & Risk
 SL per trade adjustable

 Lot size adjustable (fixed or % of balance)

 Optional trailing stop implemented

5️⃣ Trade & Order Management
 Max trades per day implemented

 Daily loss limit implemented

 Daily profit target implemented

 Equity protection implemented

 Basket close option implemented

 Cancel opposite orders if needed

6️⃣ Trend / Signal Control
 Only trade in one direction per signal

 EA resets after max trades or signal ends

7️⃣ Inputs / Settings
 Lot size

 Risk %

 SL / TP

 Number of trades

 Distance between trades

 Pending order type

 Execution mode (Option A / B)

 Magic number

 Trading hours

 Max spread

 Slippage

 Pending order expiry

 Daily loss limit

 Daily profit target

 Max trades per day

 Drawdown limit

 Basket close profit/loss

8️⃣ Broker & Performance
 Works on 4-digit and 5-digit brokers

 Handles order errors properly

 Avoids duplicate or repeated trades

 Efficient, no overtrading

9️⃣ Deliverables
 Compiled EA (.ex4)

 Source code (.mq4)

 Installation guide

 Demo/test version


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