EA Hedge Backup Trade

MQL4 Experts Forex

Job finished

Execution time 4 minutes
Feedback from customer
Absolutely perfect work, exactly as we wanted and described. We never met a developer who tests the EA himself before he delivers it! Thank you for taking your work so seriously.
Feedback from employee
Great and professional customer, thanks for describing instructions with all details.

Specification

the ea should perform the following action:


the current market price is 1.2200

open buy trade at x market price (can be selected in the settings) (example = 1.2210)


First example if market price goes up:


market price rises to = 1.2210

buy trade x lot opens (in the example at = 1.2210)

market price rises to = 1.2220

stoploss is set to = 1.2211 (1 pip above opening price / x pip can be selected in the settings)

No TP, the trade always closes at the stoploss mark and opens 1 pip above the closed trade

(in the example the buy trade opens again at = 1.2212


Second example if the market price goes down:


The buy trade immediately loses.

then the buy trade is closed immediately with a 1 pip loss

buy trade opens at = 1.2210

the market price goes short = 1.2209

the buy trade closes immediately


A new virtual pending order is set above market price, same price as last order = 1,2210

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Project information

Budget
150+ USD
For the developer
135 USD
Deadline
from 1 to 3 day(s)