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EA to replace all existing pending orders with new orders at same price but with input TP and SL, and lot size dependent on account balance or equity.
EA will replace existing pending orders at every change time.
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Inputs:
TL:
SL:
Lot size: balance/equity
Change time 1:
Change time 2:
Change time 3:
Change time 4:
Change time 5:
Change time 6:
Lot size: 1 (example calculations for lot size below)
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If a “Change time” field is not populated then it will be ignored.
Lot sizes will depend on balance or equity.
For 100.00 balance/equity:
Lot size: 1 100.00 = 0.01 1*(balance/10000)=0.01
Lot size: 2 100.00 = 0.02 2*(balance/10000)=0.02
Lot size: 3 100.00 = 0.03 3*(balance/10000)=0.03
160.00 balance/equity:
Lot size: 1 120.00 = 0.02 1*(balance/10000)=0.016
Lot size: 2 120.00 = 0.03 2*(balance/10000)=0.032
Lot size: 3 160.00 = 0.05 3*(balance/10000)=0.048
So to summarise, at every server time specified in "change time" fields the EA will replace the existing pending orders with new orders at the same price but with revised lot size dependent on balance or equity, and with TP and SL specified in EA inputs.
I trade up to 10 pairs so EA can either work on one chart for all pairs or be attached to each chart.
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