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Hi Coders,
I would like an EA which is placed on a chart and is able to close all trades on the account if the current EQUITY of the account reaches a certain value. It will need to register the account balance and account equity at the start time when the EA is first enabled, as well as the time and date. Every time all trades are closed by the EA it needs to register the new starting balance, equity, and time, once all the trades have actually been closed. It will also have the option to stop all further trading on the account once trades are closed and send an email and MT4 notification. Once trading is again enabled, it will register the new starting balance equity and date/time.
Every input can be defined in either a $ value in relation to starting equity or % value in relation to starting equity.
There will be a normal equity 'Take Profit' level, as well as an equity trailing stop as well as an optional equity break-even, and optional equity stop loss.
There will be an additional Take Profit level based on an inputted % of account balance; the EA will use whichever TP is greater.
A 'Time Factor' will also change the Take Profit and Trailing Stop Trigger values every 24 hours, if enabled. This is why the EA needs to register the starting time and date.
Experience in coding similar trade management EAs based on account equity is desirable.
I will send a more detailed description to the chosen coder but the summary above is the essence of it. It needs to work with 5 digit brokers on the latest MT4 builds.
Thanks for your consideration.
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