Hedging EA with stop PO

MQL4 Experts

Job finished

Execution time 2 hours
Feedback from employee
Great customer, fast respon, so I can perform the job fast and well. Thanks for your job.
Feedback from customer
Easy to communicate, fast and great knowledge on the task

Specification

Hello, i want the EA to do this:


1. Open 'Buy (lot 0.01)' with TP 30 pips and SL 60 pips. (Eg. 1.22000, TP 1.22300, SL 1.21400)

2. After it open buy position, set 'Sell stop (lot 0.03)' 30 pips from the 'Buy' Price with TP 30 pips and SL 60 pips. (Eg. 1.21700, TP 1.21400, SL 1.22300)

3. IF the Sell stop is triggered, set 'Buy stop (lot 0.06)' 30 pips from the price at (2) with TP 30 pips and SL 60 pips.(Eg. 1.22000, TP 1.22300, SL 1.21400)

4. IF the Buy stop is triggered, set 'Sell stop (lot 0.12)' 30 pips from the price at (3) with TP 30 pips and SL 60 pips.(Eg. 1.21700, TP 1.21400, SL 1.22300)

5. IF the Sell stop is triggered, set 'Buy stop (lot 0.24)' 30 pips from the price at (4) with TP 30 pips and SL 60 pips.(Eg. 1.22000, TP 1.22300, SL 1.21400)

6. IF the Buy stop is triggered, set 'Sell stop (lot 0.48)' 30 pips from the price at (5) with TP 30 pips and SL 60 pips.(Eg. 1.21700, TP 1.21400, SL 1.22300)

7. IF the Sell stop is triggered, set 'Buy stop (lot 0.96)' 30 pips from the price at (6) with TP 30 pips and SL 60 pips.(Eg. 1.22000, TP 1.22300, SL 1.21400)

8. IF the Buy stop is triggered, set 'Sell stop (lot 1.92)' 30 pips from the price at (7) with TP 30 pips and SL 60 pips.(Eg. 1.21700, TP 1.21400, SL 1.22300).

9. the Stop Order will always continue until the price hits the SL and TP.

10. After it close all order, it will open a new Buy position and the cycle repeat.


note: after the first Stop PO, the lot for the next Stop PO always x2 of the previous PO. ( except between instant buy and first sell stop where the buy is using 0.01 and the sell stop is 0.03) 

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Project information

Budget
20 USD
Deadline
from 7 to 14 day(s)