Martingale Strategy EA

MQL4 Esperti

Lavoro terminato

Tempo di esecuzione 2 giorni
Feedback del cliente
You're a very good programmer Shahzad. Definitely recommended!!!
Feedback del dipendente
Excellent customer

Specifiche

Example: GBPUSD
Place both 0.01 buy order and 0.02 sell stop at the same time:
0.01 buy order at 1.20050, tp = 1.20100, if this buy order profit is taken then close all orders, including sell stop and start from the beginning.
0.02 sell stop at 1.20000, tp = 1.19950, if this sell stop becomes a sell order then add 0.02 buy stop at 1.20050, tp = 1.20100. If this sell order profit is taken at 1.19950 then close all orders, including buy stop.

If the above 0.02 sell stop is making a loss, while the market is going upwards and reach 1.20050, there will be 0.01 buy order + 0.02 buy order which were set earlier. so if the market reach 1.20050 then add 0.02 sell stop at 1.20000, tp = 1.19950 etc...

Explanation: Starting with 0.01 buy + 0.02 sell stop.
When market goes up and hit 1.20050, then add additional 0.02 sell stop.
When market goes down and hit 1.20000, then add additional 0.02 buy stop.
When market goes up and hit 1.20050, then add additional 0.02 sell stop.
When market goes down and hit 1.20000, then add additional 0.02 buy stop.
Any time profit is taken, then close all orders, including pending orders and start from the beginning, which is "Place both 0.01 buy order and 0.02 sell stop at the same time".

Maximum orders = 51
Maximum lots (risk) = 0.01 lot and 0.02 lot x 50 = 1.01 total lots.

Input lots if 0.01 = Starting with 0.01 buy + 0.02 sell stop.
Input lots if 0.1 = Starting with 0.1 buy + 0.2 sell stop.

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