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Fast execution + responds quickly. Recommended.
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Hello, I need someone experienced to create a EA based on the system described bellow. If there is something missing or confusing, please contact me, I will fix it or explain it more further.
TRADED PAIR: XAU/USD (Gold)
INPUT PARAMETERS
- LOT SIZE
- „BASE RANGE“ TIME PERIOD (using 24H format, ex- 02:00-06:00)
- TRADING WINDOW (using 24 format, ex 13:00-19:00)
- VARIABLE FOR EXTENSION (next price level)
- VARIABLE FOR RANGE LIMIT(in pips)
- VARIABLE FOR MULTIPLIER
- VARIABLE FOR TP (in PIPS )
- VARIABLE FOR SL PERCENTAGE (in %, ex. 25 % of the extended range)
TRADING SYSTEM
Example of how it should work:
1.

2.

3.

TRADE MANAGEMENT
IF none of the pending orders get triggered during the trading window, EA should close pending orders at both sides.
IF any pending order got activated but doesn’t hit TP or SL, EA should close it by the end of the day.
IF one of the pending orders got activated and hit TP, EA should close pending order at the opposite direction.
IF one of the pending got activated, and SL got hit, EA should open another pending order, multiplied by variable defined by use in the EA settings, at the opposite direction (at the same price)
IF the "base range" exceeds the range limit, EA should not open any pending orders.
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