Hi,
I need an EA to manage the profit on a basket of orders on a single pair. I would like it to work as following:
I may have multiple open positions on a pair (might have different sizes and maybe directions). I want to trail the profits of the entire basket from an initial profit or loss (in money, it can be break even or not) to a profit target (of the entire basket). If "combined profit" of all the open orders reaches some amount of money the EA must start trailing the profit. It will trail a specified amount. If, on the contrary, once the trailing has started, the profit goes under a certain level, the EA must close all the orders in this pair. So I need at least the following input variables:
- profit target: if the combined profit of all the orders in the pair reaches this level, all the orders are closed with that profit (for example $20).
- profit start trailing: amount of profit at which the ea starts trailing profit (for example: $5, as soon as the combined profit reaches $5, it will start trailng profit),
- profit stop trailing: amount of profit or loss at which the ea stops trailing and closes all operations because profit decreased from profit start trailing and hit this level (for example, $1).
- profit trailing amount; amount of profit being trailed (for example $2. For example trailing profit started at $5 and when combined profit reached $7, profit stop trailing is moved to previous value + profit trailing amount).
Basic trailing system, but based on combined profit of a basket and not in pips.
All that info is shown in an info panel on the screen.
Working with lines on the chart:
On the chart there must be three lines showing:
- place/price where profit target would happen, (for example if profit target is $20, there must be a line where that profit will be reached)
- price where start trailing will happen,
- price where stop trailing would happen. (those lines are automatically moved when profit is trailed)
These three lines can be manually adjusted and moved, and when manually moved the new amounts of profit resulting from moving the lines must be shown in the informative panel. For example, I can move the take profit line (drag and drop the line) a few pips on the screen, and then the EA must recalculate the profit I would have if price reached that new level/line. The new value is shown in the informative panel (on the screen).
Manually moving a line has preference over the initial settings I had before in my initial variables.
All the lines must be changed when a new order is open
Some other functions:
The EA must be able to manage all the positions in a pair, no matter they were from another EA or manual.
The EA must have an informative panel showing all the related info,
Combined profit must include commissions and swaps.
There must be a button on screen to close all operations inmediately.
A variable true/false (default false) to include the pending orders in the calculations, showing the info on the panel, drawing the lines on the screen and trailing the profit.
Selectable colors for the lines.
Please, contact me if anything is not clear enough or with any comments or suggestions.
Thanks in advance,
Regards
Similar orders
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