Just track the market and place a pending orders

MQL4 Esperti Script

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Specifiche

A very easy EA to create, just place a pending orders and re-active who were activated (two opposite orders with different lot size every some points)

In beginning the EA will open two random opposite positions at same time with same lot size in same price (just the spread between sell and buy),

And every DST points the market moved from the beginning orders, the EA will open two opposite positions but by different lot size (lot size for stop order for the position in direction of market, and lot size for limit order for the position in opposite direction of market)

So the EA after the two beginning orders (same price same time same lot) will put X pending orders up and down the market. Every DTS point up the market put buy stop and sell limit, and same orders at 2ˣDST points, else at 3ˣDST...........XˣDST pending orders.

 and every DTS points down the market put sell stop and buy limit, and same orders at 2ˣDST points, else at 3ˣDST...........XˣDST pending orders.

But the EA must follow the market and re-active the orders who were activated with this principle.

For example: after the beginning positions(sell and buy)  the market move up DST points and active the first pending orders (buy stop and sell limit ), so the EA must put another orders sell stop and buy limit down the market (in the beginning price ) . if the market move up again by 2xDST points and active the second orders (buy stop and sell limit) , the EA must put another pending orders down the market (sell stop and buy limit)

“BUY STOP and SELL LIMIT up the market“  “SELL STOP and BUY LIMIT down the market “

“BUY STOP and SELL STOP same lot size“ “SELL LIMIT and BUY LIMIT same lot size “

 

LOT start: lot size for the beginning orders (sell and buy)

LOT limit: lot size for the orders in opposite direction of market (buy limit and sell limit)

LOT stop: lot size for the orders in the direction of market (buy stop and sell stop)

DST: number of points between orders

X orders: number of pending orders up the market and down the market (you can fixed at 10 up and 10 down)

TP: is a common for all orders

SL: is a common for all orders

SLBE: move SL to open price in this profit in point

BEplus: move SL on this profit in pips

 ( for SLBE and BEplus you can see the EA HOOVER https://www.mql5.com/en/market/product/19909#!tab=tab_p_overview)

Spread: N (if more than N ,don’t active the orders)


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