Simple MT4 reversemanagement EA

Hello,

the goal is to manage opened trades and protect the equity from huge drawdowns with reverse trades.

First; the EA should check out all opened trades, if one trade goes under a definied value; for example 50pips, it should open a reverse trade with a stoploss of the openprice from the first trade. I typically use a emergency stop of 120pips on the main trades (first trade) if the stop is hit, the reverse trade should modify the own stoploss from the openprice of the first trade to -20pips from the current market price and use a trailling stop of 10-20 pips. If my strategy break, and the trend will still go to the oposit direction, this reverse strategy will do some wins because of the trailling stop. But if the market retourns after the emergency stop of the first trade hits, it should be a second loss of 20pips. So the maximum Loss of this strategy should be 70pips, without considering of spread.

-> 50pips because of the first trade

-> then set the stoploss of the reverse trade, from opening price of the first trade to current market price -20 pips if the market retourns after the first trade stop is hit (120pips)

so the maximum is -70pips

The important thing is, i need this EA really soon so i need a fast coder.

Sometimes i write really complicated, but if you have any questions, please contact me!