Simple EA for recovery trade

MQL4 Experts

Job finished

Execution time 15 days
Feedback from customer
excellent coder, asks the right questions and bring suggestions to the table. highly recommended for any job!

Specification

hi coders, need simple EA.

EA tracks manually placed order (MPO). if MPO doesnt reach TP and by opening of X candle (from placed order candle) is in negative, it closes MPO at a loss, opens opposite side with increased lotsize trade and with TP which calculated:

previously lost (and closed) trade in pips/lotsize multiplier +custom bonus pips (to cover spread, extra profit etc).


customizable inputs required:

  • trade comment tracked (for manual trade recognition);
  • SL to new trade;
  • lotsize multiplier;
  • Candle number (at which candle opening EA will check if MPO is in positive or negative).
  • trading hours would be good, but not mandatory.


so, if MPO is in positive at opening of X candle, EA will stop working. only 1 recovery trade required, after it EA stops working. if it hits SL, so be it.

also needs to have a check of order sent errors (not to have multiple opening orders).


thank you

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Published: 1 article, 6 codes
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Project information

Budget
15 - 20 USD
Deadline
to 1 day(s)