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Create grid based EA

MQL4 전문가 Forex

명시

Hello,

I need an expert advisor that is based on grid trading. The grid should have a range of 100 pips in between. Every time a grid line is touched by price a long position should be taken along with additional sell stop limit orders. The entire construct looks like this:

If the grid line is for example current price 1.5000 then do:

  • 1.500 --> Long 1 lot --> take profit = 100 pips (no stop loss)
  • 1.1490 --> sell stop --> 0.1 lot
  • 1.1480 --> sell stop --> 0.1 lot
  • 1.1470 --> sell stop --> 0.1 lot
  • 1.1460 --> sell stop --> 0.1 lot
  • 1.1450 --> sell stop --> 0.1 lot
  • 1.1440 --> sell stop --> 0.1 lot
  • 1.1430 --> sell stop --> 0.1 lot
  • 1.1420 --> sell stop --> 0.1 lot
  • 1.1410 --> sell stop --> 0.1 lot
  • 1.1400 --> sell stop --> 0.1 lot

Now every time a grid line is hit (from above or below does not matter) the construct above should be placed. However if there is still a long active then no action is made. Also the lot size for all orders, the grid range as well as take profit should be variables so I can change them manually, preferably from input interface.

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