EA with two pending orders(BUY STOP- SELL STOP).

MQL4 专家

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fast , he doesnt ask many questions .. he understand at the beginning and finishes quickly .. thanks

指定

hello ,

EA with two pending orders(BUY STOP- SELL STOP).

In this EA  , Firstly we determine current price as a base price point .   

BUY STOP  will be over  base point with a GAP (about 100 pips) ,

SELL STOP  will be lower than base point with same GAP (about 100 pips) ,


If one of these pending orders triggered , then the other pending order has to be deleted  . 
The triggered order should have take profit and  Stop loss level .
As the triggered order closed - with stoploss or take profit no matter whichone - 
then , "that closed price" is determined as the new base price for the next order . 
And there will be placed new two pending orders (Sell stop and buy stop ) over and under the "new base price". And this Cycle goes on.


Kindly the coder should understand completely that simple strategy before starting , İf any question of "new base price" ,pls ask me.
Inputs i want to use are : GAP  in Pips ,  Stop level ,  TP  level,  Lotsize ,Magic . 

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