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I need a simple EA that buys and sells at the same time at the start. The EA sets a TP and SL of 30 pips. When the EA takes profit on 1 end it enters another trade in the same direction looking for same 30 pip TP and SL. This should happen over and over again. Maybe I can have the option before where I can pick if the EA should only buy or only sell.
The twist with this simple EA is I'm going to send you a loss recovery EA. In my manual trading this EA would take over when I had a loss in my manual trading. The EA would attempt at making my loss back in a series of 2-15 trades. For example, lets say I place a trade with a SL of 30 pips and a TP of 30 pips. Lets say that my SL gets hit. The thing is if I using the loss recovery EA I do not set a SL on the actual trade but in the EA's parameters. This means that when a 30 pip SL is achieved another trade in the opposite direction is taken. So as of right now we have a .10 lot sell in that is in 30 pips DD and a .14 lot buy that just went in as well. Since we have larger volume on the buy side we are needing the trade to go 90 pips up before we take our profit. So...buy trades at increasing lot size will be entered at our SL and increased lot size sell trades will be entered where our original trade was executed. how many trades are taken before profit is achieve is based on price movement.
This trade management code is already in the EA I'm going to send you so it will probably make more since when you look through it. The simple EA shouldn't be to hard to incorporate the money management loss recovery EA with because it's just placing simple pending orders every 30 pips.
What do you think? Can you do this?
Ryan
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