For MT4 Set 2 pending stop orders from current price. One buy stop and one sell stop with martingale and money management functionalities.

MQL4 Experts

Job finished

Execution time 1 hour

Specification

There is a Set2StopOrders script in the MT4 library that I like. I want the developer to take that script and fully automate it. I have to drag that to the chart every time to open the two positions. I would like an EA that does opens two pending positions one buy stop and one sell stop. The distance, profit and stop loss values will be entered in the setting one time and once activated the EA will continually open positions. I want a few conditions set to the EA. 

1) When 2 orders are sent in and once one pending order is triggered I want the other pending order to cancel itself. After the triggered order is closed by hitting either tp or sl the system will open another pair of buy stop and sell stop order

2)Robot should be able to open as low as 0.01 lot orders. If the previous order was a loss then the martingale should double the lot defined by the coefficient function that has to be built in to the EA.

3) There should be a button to activate money management (true or false). As account grows the robot will slowly increase starting lots. Instead of starting with 0.01 lets say it will start opening 0.02 lots.  

If the developer has more ideas to add to my ea I am open to suggestion.  

Please see attached pictures  

Files:

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Project information

Budget
50 USD
Deadline
from 1 to 30 day(s)