Reverse Grid Martingale – MT5 Expert Advisor

A common trading strategy is the grid martingale strategy where after a trade is placed and price moves against it additional and larger trades are opened until price pulls back and all open trades are closed for profit. 

The EA I require is the reverse of this so it is a simple Reverse Grid Martingale EA – MT5.  After a trade is placed if price moves in favor of the open trade then additional and larger trades are placed.  Losses are controlled with a trailing stop and take profit is set value.

I previously requested a developer produce this however they have not completed the task. 

DO NOT ACCEPT THIS JOB IF YOU DO NOT INTEND TO COMPLETE THE TASK.

Details of the EA as follows:

1. Grid Trading in Both Directions:
• The EA has no indicators and triggers immediately once placed on a chart so there is always a minimum of 1 long trade and 1 short trade open
• The EA maintains separate long and short grids simultaneously
• Input [Magic Number]
2. Grid Level Management:
• Opens initial positions when no trades exist in a direction [Initial Lot Size - Lots]
• Adds to positions at user-defined intervals [Grid Minimum Distance - Pips]
• Grid intervals can be increased / decreased as more are added [Grid Multiplier]
• Increases lot size by user-defined multiplier for each new grid level [Lot size Multiplier]
3. Trailing Stop Loss:
• Places a Stop Loss for the first grid [Initial Stop Loss]
• As soon as more than 1 grid is active the Stop Loss is calculated by average price of all positions in a grid to be either profit above break even or loss below break even.  This is based on Total Lots being traded. This is a variable so it can be a negative value resulting in small losses each time a grid closes before hitting take profit or a positive value resulting in small profits each time a grid closes before hitting take profit [Trailing Profit]
4. Take Profit:
• Fixed take profit based on grid level 1 entry price.  When it hits all grid levels close [Take Profit]
• Applies to all positions in the grid which means the price set for the take profit of grid level 1 is the same price set for grid level 2. eg Grid level 1 has TP of +100 and Grid Level 2 opens +10 pips.  The TP of Grid Level 2 will be +90.
5. Position Management:
• Closes all positions in a grid when any position hits stop loss or hits take profit
• Resets grid level after closure immediately
6. Time Management:
• Enable Time Filter [On / Off]
• The EA trades on set days [Monday / Tuesday / Wednesday / Thursday / Friday / Saturday / Sunday]
• The EA trades at set times [Start Hour / Start Minute] and [End Hour / End Minute]
7. General:
• This EA only processes on every tick however must not get banned from Brokers Server with excessive number of ‘messages’ being sent on tick. Please confirm this is achievable.
• This EA must be able to trade Forex, Metals, Indicies, Major Crypto
• This EA is to be fully automatic running without input after placing on a chart
• This EA must work on 4 or 5 digit brokers
• This EA must work without error