Kindly find below the detail Strategy below, If any one interested kindly let me know,
For understanding : GBPUSD, Spread 0
Stage1: As soon EA starts, open both buy
and sell at same point eg:1.30000.
Stage2: EA should Put TP for both buy and
sell at 35 points.
Stage 3: open 10 pending buy and sell
limits with interval of 20 pips and lot increment of eg: 1.7 times of previous
order eg: 0.1, 0.17, 0.28, 0.47........till 10th order. I should
also enter lot values in EA for 10 orders.
stage4: If either buy or sell (1st
order) closes in TP, eg: if buy closes in TP, EA should open one more buy
(immediately as soon as TP hits) with same lot value and EA should move the
exiting 10 buy limits with 20 points interval from opened price.
Stage5: If either buy or sell 2nd
order is triggered EA should move the TP of both the position to 35 points from
2nd position eg: Buy 1 – 1.30000, buy 2- 1.2980 TP for both the
position should be at 1.3015, if the 3rd order gets triggerd TP
should move to 35 points from from the 3rd
position eg: buy 1-1.3000, buy 2 – 1.2980, buy 3 – 1.2960, TP for 3 trades
should be place at 1.2995 (35 points from 3rd order)……..this goes on
till 10th order.
Stage 6: If either sell or buy closes in TP
after triggering 4th order, EA should delete all the related pending
order eg: if sell closes in TP after 5th order is triggered, EA should close the reaming pending
order of sell, and EA should open new sell position with 1st lot ie
0.1 and place 10 pending sell order with
interval of 20 points and lot increment of 1.7.
Stage7: if 10th order of either
sell or buy is triggered eg: if 10 sell order is triggered, EA should open buy
order at the same point of 10th sell order with lot size of (
cumulative of 10 sell order).
Stage 8: EA should place the Sl of buy
(opened in stage 7 at 35 points)