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Hello,
I want to create a dollar-cost-averaging trading bot (EA on MT5) as follows:
1. Open market long trades as soon as possible on the symbols USDJPY & USDCHF as long as there is no open position on the same symbol.
2. Have a safety buy order if the price drops by 1% from the first entry price (base order), and a second safety buy order if the price falls by 2.5% from the base order, and a third safety buy order if the price falls by 4.5% from the base order.
-Trade size is 0.02 for USDJPY orders & 0.01 for USDCHF orders
-Stop loss for USDJPY is at -15% from total volume & for USDCHF is at -10% from total volume (SL must be visible on MT5)
-Take profit is always at +1% from total volume
-Active safety orders limit is 1 (Safety orders should only be active one at a time for each symbol)
also, I should be able to edit the parameters in the future
That's it, that's the bot
Happy holidays
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