I need a pending EA

 

Hallo every body I need an pending EA 

 

He hast o wor in the following form:

 

The EA has to look for a open trade with a specific magic number – we say example magic number: 123456

Is no trade open or a trade with an other magic number he has nothing to do.

If he find an open trade ( let´s say the „initial trade“ ) wit magic number 123456 then he has to open a pending order.

If the „initial trade“ is a BUY trade he has to make a BUY-limit order.

If the „initial trade“ is a SELL trade he has to make a SELL-limit order.

The Stop-Loss must be the same from „initial trade“ and also the Take-Profit must be the same from the „initial trade“.

The pending order open price has  to be:  5.75% deeper if it´s a BUY trade and 5.75% higher if it´s a SELL trade,  than the order open price oft he „initial trade“ in relation to the Stop-Loss.

The Lot-size oft he pending order has to be a multiple oft he Lot-size from the „initial trade“. Example: multiple = 0.59   it means the „initial trade“ is opened with 0.86 Lot multiple with 0.59 the pending order has a Lot-size of 0.50 or roundet of 0.51 thats equal.

This pending EA must have his own magic number. Example: 112233

If the „initial trade“ close with exit in Take-Profit the EA have to close the pending order.

The EA have to work on all days, all time frames  and in all Lot-sizes.

The following parameters I will have to be as editable setting to changeable for myself:

1. -          the magic number he looking for  (123456)
2. -          the magic number of it own (112233)
3. -          the multiple factor for Lot-size (0.59)
4. -          the percentage oft he reletion (5.75%)

 

Here an examples of my ideas how the EA has to work.

1)      this „initial trade“ is open:

EUR/USD

direction: BUY

Lot-size: 0.86

 magic number: 123456

open price: 1.13605

SL: 1.07121

TP: 1.15141

 

The EA has to open the following pending order:

(multiple = 0.59,  magic number 112233, percentage factor 5.75% as input data fixed)

EUR/USD

direction: BUY-limit

Lot-size: 0.51  (0.86 x 0.59)

magic number: 112233

open price: 1.13232   Formel: (1.13605 – ((1.13605-1.07121)*0.0575))

SL: 1.07121

TP: 1.15141

 

For a SELL-order I hope you understand the princip of my idea now in combination with my writing up.

 

One more important thing: I need this EA in both file types -  mq4 file and in ex4 file.