Perfect Hedging EA

Hi….

I need a hedging Ea. It should place orders like this…

For example:

·        lot 1 buy at 1.12200

·        lot 2 sell stop at 1.12100

·        lot 4 buy stop at 1.12200 like this.

Required parameters are

1.Manual order (true/false)

2.Initial order (true/false)

3.Intial order (drop down box)

4.Initial gap size (changable)

5.Initial lot size  (changable)

6.Take profit  (changable)

7.Stop  loss  (changable)

8.Hedging multiple size  (changable)

9.Trailing (changable)

10. Max batches  (changable)

11.Max orders  (changable)

The details of the parameters are

1.     Manual order

            True………. When I place manual order then only It will place hedging pending order. Otherwise It should not place any pending orders.

            False……… It should check 2^nd condition

2.     Initial order condition

          True……… It should check 3^rd condition

          False……..It should check 4^th condition

3.     Initial order

              This is a dropdown box. It contain buy and sell options. If 2^nd condition is true and I select buy in 3^rd condition. When the  export advisor is       turn  on, it should place buy order immediately. And also after hitting take profit (Last entry) it should place buy entry.

4.     Initial gap size= 100 (changable)

    When 2^nd condition is false Ea should check 4^th condition.

            Here I can edit any numeric number. Now window in H1 candle    

   At 1’o clock market in 1.12560. Initial gap size is 100. Ea should place buy stop at 1.12660. sell stop at 1.12460.

   At 2’o clock market in 1.12520. buy stop and sell stop still remain. Now ea should change buy stop at 1.12620. sell stop at 1.12420. (Ea should work in all time frames.)

   Ea should change buy stop and sell stop for each candle in all the time frames.

  (Note: If market take buy order then sell stop should close automatically.)

5.     Initial lot size (changeable)

6.     Take profit  (changeable)

7.     Stop loss(changeable)

           Stop loss is a hedging point. For example buy order in 1200.210. Stop loss is 100. Ea should place sell stop at 1200.110.

8.     Hedging multiple size  (changeable)

            Normally hedging lot size sequence is 1,2,4,8,16,32,64…etc

            Last order multiple by 2.

            But If hedging multiple size is 1.5. then the sequence is 1, 1.5, 3, 6, 12, 24…etc

            One more example hedging multiple size is 1.7. then 1, 1.7, 3.4, 6.8,….etc

            First order always initial order mentioned in 5^th parameter.

            Second order is 1^st order into hedging multiple size. (1*1.5=1.5)

            (Note: default 2)

             Third order onwards last order multiple by 2. (1.5*2=3, 3*2=6)

9.     Trailing  (changeable)

            Trailing start

             Trailing step

10.        Maximum batches  (changeable)

                       1^st order –buy- hit by stop loss

               2^nd order -sell -hit by stop loss                     ONE BATCH

               3^rd order -buy -hit by take profit

         For example :

                  If 2^nd condition is true. 3^rd condition is buy. Max batch  2. Stop loss 100.

                 Take profit 200.

            1^st order buy at 1.12400- SL                                      1^st batch

            2^nd order sell at 1.12300-SL

            3^rd order buy at 1.12400-SL

            4^th order sell at 1.12300-TP at 1.12100.

2^nd condition is true so buy order placed at 1.12100.

            1^st order buy at 1.12100-sl                      2^nd BATCH  

            2^nd order sell at 1.12000-tp

After that Ea should not place any order. Because max batch is 2.

11.        Maximum orders (changeable)

If maximum order is 3.

    1^st order buy at 1.12400- SL                                     

            2^nd order sell at 1.12300-SL

            3^rd order buy at 1.12400-SL

Maximum order is 3. So Ea should not place further order even 3^rd entry hit to stop loss.