All orders
Rules
Specification
I need an auto order entry robot for MT5
At Singapore time 7am the robot will auto put in orders
1) R is numerical value ( can be adjusted ) that will be added or subtracted from the day opening price
2) A is the number of lots ie 1 = 1 standard and 0.01 = 1 mirco lots
3) i is the percentage of increment. Eg 30% is 0.3
Eg day open price is 53.00 ( this will be the reference point )
|
53.00+6r |
A |
buy stop 2pips lower |
A*(1+i)6 |
Sell Limit |
|
53.00+5r |
A |
buy stop 2pips lower |
A*(1+i)5 |
Sell limit |
|
53.00+4r |
A |
buy stop 2pips lower |
A*(1+i)4 |
Sell Limit |
|
53.00+3r |
A |
buy stop 2pips lower |
A*(1+i)3 |
Sell limit |
|
53.00+2r |
A |
buy stop 2pips lower |
A*(1+i)2 |
Sell Limit |
|
53.00+r |
A |
buy stop 2pips lower |
A*(1+i) |
Sell limit |
|
53 |
reference point |
reference point |
reference point |
reference point |
|
53.00 -r |
A*(1+i) |
Buy limit |
A |
Sell stop 2pips higher |
|
53.00-2r |
A*(1+i)2 |
buy limit |
A |
Sell Stop 2pips higher |
|
53.00 – 3r |
A*(1+i)3 |
Buy limit |
A |
Sell stop 2pips higher |
|
53.00 – 4r |
A*(1+i)4 |
buy limit |
A |
Sell Stop 2pips higher |
|
53.00 – 5r |
A*(1+i)5 |
Buy limit |
A |
Sell stop 2pips higher |
|
53.00 – 6r |
A*(1+i)6 |
buy limit |
A |
Sell Stop 2pips higher |
Exit: Close all positions either:
1) When price goes back to R ie REFERENCE PRICE ,
OR
2) There are still open positions at 3am/3:30am ( adjustable )
OR
3) Conservation or Aggressive mode ( changeable )
a. Conservation = ( wrong leg turn positive ) àClose all positions
b. Aggressive = ( trend following leg turn negative ) à close all