Script/EA

MQL4 Experts Scripts

Job finished

Execution time 1 day
Feedback from employee
Great employer, provides very clear requirements - A++
Feedback from customer
Communication was excellent, he asked the right questions and built my EA to my specifications. The price was good, the service was good and the product was good.

Specification

Hi

I'm not sure if this is a script or EA....

 

I would like to be able to click on a candle to start a trade.

When I click on the candle, it should place a buy stop and sell stop at distance X above and below the median price of the candle I clicked on, with a stop loss of 2X.  I would like to be able to select the X value manually, in a pop up window.

Take profit level should be a minimum of X, if the price goes past 1.5X a trailing stop of 0.5 X will start.  

For example, if  buy stop is executed, then the price increases by Z before rebounding, take profit will occur at Z - 0.5X; if Z < 1.5X, the take profit will occur at X.

 

If one pending order is executed and closes in profit, then the script will repeat, using the take profit level instead of median price to place new buy stop sand sell stop (with the same stop loss and take profit rules) and closing remaining pending order.

 

If one pending order is executed and hits stop loss, other pending order will execute.  If the second pending order executes and hits stop loss, no more orders will be placed until I manually chose to do so.

 

If one pending order is executed and hits stop loss, other pending order will execute.  If the second pending order executes and hits take profit then the script will repeat, using the take profit level instead of the median price to place new buy stop sand sell stop with the same stop loss and take profit rules.

  

The script/EA should continue to place new pending orders every time a take profit is hit.

 

Thanks

Chris 

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Project information

Budget
40- USD
Deadline
to 1 day(s)