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Specification
Hello Developers,
I would like your help to create an EA that opens one order at specified time during the trading day with given/adjustable SL and TP, and if the price moves in positive direction at certain amount of pips then the EA to open additional order with specific lot size/calculated in such way so that both positions' SL to be moved into a positive territory, so from that point on both trades to have same level of SL and it should be in a positive territory/risk free, then if price continues into the right/positive direction to open 2 more orders again with specific/calculated lot size and now all 4 positions to have same TP above them and same SL which should be in positive territory and risk free trades. The lots and levels of the additional 3 top ups in positive territory need to be calculated by the robot and put as pending orders/hidden if possible/virtual pending orders. I mean that these 4 orders will have TP of 80-100 pips and SL around 50 and work on all timeframes but H1 preferred.
Clarification: This is not a martingale EA, as the top ups will only be open if the price has moved into positive territory of the 1st original order. The original order will have SL of 50 pips and if price moves into opposite direction of the order then to hit adjustable SL only for 1 order/the original order. If price moves into positive territory of the 1st/original order then at some levels additional 3 orders to be open when the original order is already well into profit.
Example: At 11 am 1st/original order opens sell manually/or based on high/low of the day with adjustable TP-100 pips and SL-50 pips and 0.10 lot. If price moves up then it hits the SL of 50 pips and that is the end of the trade.
If the price moves down in the right direction at 50 pips within profit, the EA should open the 2nd order with 0.10 or 0.05/Calculated specific lot, so both orders to have same TP at that 100 pips of the original order but the SL now to be moves into positive territory for both orders, so if the prices now after 2nd orders are open and moves up/in the wrong direction, toward the SL the end result should be 0 or + 2 pips. If price moves further down at 60 pips 3rd order to be opened with 0.01, SL of that order should be again the same as the rest of the orders into positive territory and TP 100 the same as the rest of the orders and the same thing to happen at 70 pips when 4th order to be opened.
Developer will also be required to calculate and code percentages of the top ups when they will be open, at what levels and with what lots, in order to be able to move the SL of all open orders into risk free trades at any given time and open orders.
I will provide specific pictures of the levels and percentages for the top up orders and EA parameters, but the developer needs to check and verify that they are correct and work as they are intended.
Pictures will be sent only to the developer when selected.
Please note: EA must work with other EA's side by side, magic numbers, all parameters should be adjustable.
Please ask if something is not clear, I will send pictures to candidates in order to make sure that the developer can complete the task before entering into a agreement.
Thank you
Senan