Edit EA

Modification of  EA3

Part 1: Specific

In the previous version of EA, only one parameter (X) was used. In the modification it will be changed to 3 as follows:

“X “: distance of create a pending order

“Y”: distance of stop loss

“Z”: distance of modification (trailing) of the pending orders

1-      Add ( Y ) as a Parameter to the input list  for stop loss setting  and Change the parameter of stop loss setting in the old EA program  to Y 

2-      Add (Z) as a parameter to the input list for distance of pending modification.

3-      Remove stop loss for the last active position in previous EA (see attached diagrams). 

4-      If trend changed to the opposite then the TP of the last active position (that has no stop loss) will be set to start price of position. (Take profit = price of position). (see the attached diagram.)

Part 2: General

5-      Add “Pending Multiplier: 0.0” to the input list for multiply (coefficient) the size of the pending orders.

6-      Add “Reverse Key: true/false “to input list. The true reverse will make opposite pending order.

7-      Add “Use SL: true/false “to input list. False means: disable stop loss for all active positions.

8-      Add “Enable Target Dollars: true/false” and “Target $ size: 00.0”. It is calculating all related positions   if the sum is equal to the target $ size then close all. 

9-      Add  ”Trailing start:00.0 ,trailing step:00.0 and Trailing stop:00.0 “ to input list . the value = 0 means no trailing

10-    Add " Take Profit : 00.0 "

Part 3: Info and report

11-      Add “Stop level: 00.0” to the account info text list. The stop level value is in the contract specification of each currency.

12-   Send notification for the important items ,as follows:

- When EA create a new pending

- When a pending order is activated 

- When the trend direction is changed     

- When and Why a position is closed