All orders
Rules
Specification
We need to connect EA with a Third Party Software(That we want to own, NOT lease... If possible) that connects 10 Different accounts together (BUT NOT THE TRADITIONAL regular MASTER and SLAVE ACCOUNT COPYING) .... example of software to be modified ---> https://www.fxopen.com/en/pamm-accounts/managers-investors
EA HEDGING STRATEGY..... <<(You MUST understand this before you can build the EXTENDED part or version)>>
When a ENTRY Pending is set... There will be 3 other lines that will be drawn on the chart Automatically (1 for 1stTARGET, 2 for DRAW DOWN entry, and 3 for 2ndTARGET/draw down TARGET... if it goes the opposite way, of the original ENTRY).
THEN, when ENTRY Pending is hit, the trade will be in position.... once it is in position, another pending will be set for the opposite way, right away, AUTOMATICALLY (@ a draw down, set in the EA | 15 pips, 20 pips, or other) (Lot size already preset, as well for each Pending set.) ...
IF that Draw down ENTRY Pending is hit, another Pending will be set Right Away, AUTOMATICALLY, right at the same original ENTRY price level... The Pendings will keep being set UNTIL one of the TARGETs are hit (Either the original ENTRY TARGET or... THE Opposite DRAWDOWN TARGET)
EA is COMPLETED/FINISHED ALREADY!... Now that you understand the EA, here is the extended part or version we need.
First ... The EA will set Pending Parameters... Semi Automatically or FULLY Automated Trading mode.
After the Pending has activated into Entering a Position.... another Pending has been set for Hedging if the trade goes against us (draws down).
****If the Second Pending has been Activated into Entering a Position.... ****We want the Second Position to be a FIRST POSITION in another account (managed from A SLAVE Trading Account).... with the same Hedging Strategy as the first account...
So If the second account also has a draw down, there will be a PENDING set up to HEDGE(open other position(s) in the opposite way according to the EA strategy) against the negative pips UNTIL one of the 2 TARGETS are hit (Either the original ENTRY TARGET or... THE Opposite DRAWDOWN TARGET)
If the Third Pending has been Activated into Entering a Position... **We want the Third Position to be a FIRST POSITION in another account (managed from A SLAVE TRADING ACCOUNT)... with the same HEdging Strategy as the first account and second.
... This same process will happen upto 10 times(x) (equalling 10 completely different accounts).
If the Fourth Pending has been Activated into Entering a Position... **We want the Fourth Position to be a FIRST POSITION in another account (managed from A SLAVE TRADING ACCOUNT)... with the same HEdging Strategy as the first, second and third accounts.
If the Fifth Pending has been Activated into Entering a Position... **We want the Fifth Position to be a FIRST POSITION in another account (managed from A SLAVE TRADING ACCOUNT)... with the same HEdging Strategy as the first, second third and fourth accounts.