Create and Semi Automated Martingle EA

Hello

I will explain roughly about parameters first :

·         EA Type :

·         Magic Number

·         RSI (Period) : Place 1 ^stSell / Buy based on RSI(Period)

·         Random : Randomly place 1st Sell or Buy

·         Auto Buy : True/False : Allow EA to Buy automatically

·         Auto Sell : True/False : Allow EA to Sell automatically

·         Start Exponent Lots : Exponent Lot from which order number

·         Lot Exponent: To determine the Lot exponent 3 ^rdorder . The 1 ^stand 2 ^ndorder are same lot

·         Lots (Lot) : Initial Lot

·         Take Profit(Point) : Count by Point (Exclude Spread)

·         Profit 0 (Order) : Example EA are openning 5 trades, the trade 6 ^th  will calculate Lot size to make  5 openning trades become 0 Profit if hit Target (set by TakeProfit)

·         Pipstep (Point) : When price are moved N Points , the EA trigger Buy/Sell . Exclude Spread.

·         Order Buy Max (Order) : Maximum number of Buy position

·         Order Sell Max (Order) : Maximum number of Sell Posistion

·         Timeframes : Determine how RSI’s preiod

·         Apply to : Open or Close price or bar/candle

·         OPEN BUY <= : System will trigger Buy if Price move N points and RSI(Period) < this parameter

·         OPEN SELL >= : System will trigger Sell if Price move N points and RSI(Period) > this parameter

·         START TIME : Before Start time, Set above OPEN BUY <0 , Set OPEN SELL >100

·         END TIME : After End Time, Set above OPEN BUY <0 , Set OPEN SELL >100

·         There are 2 button : BUY LIMIT and SELL LIMIT and one Manual input Limit Price . This is to trigger last order to balance all Pre-Openned Positions and Modify TP of ALL postions to same TP (see images 2). This is key thing when want to system to SOFT CLOSE all position , will open last buy Manually by technical analyst .

System Logical :

1.      Setup initial Lots for Intial Buy or Sell (Buy/Sell 1) by RSI(2) AND Price move XXX Point from when Auto Trading Enabled.

2.      Price move N points (PipStep) AND RSI(Period) is : EA will open 2nd buy/sell and modify TARGET PRICE of combination Buy/Sell 1 + Buy/Sell 2. So both Buy/Sell 1 and Buy/Sell2 will have same TP

3.      Price move N points : EA will open 3rd buy/sell with new Lots = LotExponent * Inital Lots and modify TP of Buy/Sell1 , Buy/Sell2, Buy/Sell3 so all 3 Positions will have same Target Price.

4.      Continue until MAX Open Order is hit.

5.      Buy/Sell determine by Random or RSI (Period) 

6.      There are 2 button : BUY LIMIT and SELL LIMIT and one Manual input Limit Price . This is to trigger last order to balance all Pre-Openned Positions and Modify TP of ALL postions to same TP (see images 2). This is key thing when want to system to SOFT CLOSE all position , will open last buy Manually by technical analyst .

1.      Start time , Stop time

-          Before Start time , After Stop time : : OPEN BUY <=0, OPEN SELL >=100 : So AUTO TRADING Still keep enable without need to Stop.

-          Between Start time and Stop time : Follow by Parameter

2.      Options to start Exponents Lot number from which orders (examples Exponents from 4 ^thorders,…)

3.      Option to select BUY&SELL , ONLY SELL , ONLY BUY

4.      Basket Close to close all orders if Target Profit is hit or SL is reach

5.      STOP EA (STOP Same as Start Time and End time above ) Before Red news N hours

I will provide more details 

Thanks