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Execution time 2 days
Feedback from customer
Excellent Professional Programmer. Very patient, very understanding. Polite and friendly to approach. Asked many questions to make sure what I wanted. I would highly recommend to all. Thank you.
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A great customer patiently answered the questions posed and quickly accepted the job.
Specification
JUMPING STOP LOSS + MULTIPLE ORDER EXECUTION EA
Hi, I'm looking for a JUMPING STOP LOSS + MULTIPLE ORDER EXECUTION EA.
1) So basically its a Stop Loss that JUMPS X number of Pips, when X number of pips are in profit
2) + multiple orders are opened on each Jump stop level.
3) The first order is opened manually and the rest of the orders are opened and managed by the EA.
So for example if I set the Jumping Stop Loss to 30 Pips,
if it reaches my first level of +30 pips in profit, my Stop Loss will be moved to breakeven.
If it reaches the second level of +60 pips in profit, my SL will be moved to +30 pips in profit PLUS a second trade will be opened with the same settings as the initial first one, etc etc. If the trade continues to move in profit then new trades will continue to be opened on each profit level/30 pip gap with the same settings as the first trade until the stop loss is hit. I hope you understand what I mean.
Here is an example of a Sell Trade with a 30 Pips Jump Stop Loss and Same Lot size
Trade 1 OPENED MANUALLY at 1.7860 SL 1.7890 (-30 pips)
EVERYTHING AFTER THIS IS DONE BY EA
Trade 1 reaches 1.7830 stop loss is moved to 1.7860 (Breakeven)
Trade 1 reaches 1.7800 stop loss is moved to 1.7830 (banked +30 pips) + Sell Trade 2 OPENED at 1.7800 with stop loss @1.7830 (-30 pips)
Trade 1 reaches 1.7770 stop loss is moved to 1.7800 (banked +60 pips)
Trade 2 reaches 1.7770 stop loss is moved to 1.7800 (Breakeven) + Sell Trade 3 OPENED at 1.7770 with stop loss @1.7800 (-30 pips)
Trade 1 reaches 1.7740 stop loss is moved to 1.7770 (banked +90 pips)
Trade 2 reaches 1.7740 stop loss is moved to 1.7770 (banked +30 pips)
Trade 3 reaches 1.7740 stop loss is moved to 1.7770 (Breakeven) + Sell Trade 4 OPENED at 1.7740 with stop loss @1.7770 (-30 pips)
If Breakeven is hit, all trades are closed even pending ones.
If anyone can help with this I would be highly appreciate it.
Thank you in advance.
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