Buy-tp-buy-sl-sell-tp-sell-sl-buy-sl-sell-sl-buy stop, sell stop EA

MQL4 Experts

Specification

Defining parameters:

  • Slpip (Stop loss)

  • Tppip (Take profit)

  • P (First position size)

  • A pip (buy, sell stop - sl pip, tp pip)

  • B consecutive losses (Open buy and sell stop when active B consecutive losses) (example: B=4 )

  • Choose working hours (if there are any open order when time is up, EA will wait to close open order until hit sl or tp)

  • C (EA will stop when C times consecutive losses)

  • D (EA will stop when D times consecutive profits)

  • E minut (If there are not have any open and pending order EA will reset in E minut)


EA will start with buy or sell order

if hit tp, again buy

if hit sl, sell with double position size

if hit sl again, buy with double of last position size

position size will always double of last position size until hit tp.

...

hope you full understand from attached file




























































Files:

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