Simple ea for mt4 needed.

MQL4 Experts

Job finished

Execution time 6 days
Feedback from employee
Patient and understanding in all ways!
Feedback from customer
very helpful and very pleased with the results

Specification

 

Currency pair: gbp\usd

 

1.       Enter 1 x long position at market, 0.10 size.

2.       Take profit at +50, no stop loss

3.       Create pending long order, 50 points behind 1 stentry level, 0.10 size, no stop loss

4.       If first entry hits target, delete pending long order and re-enter market (step 1).

5.       If 2 ndposition entered, create take profit order at +50.

6.       Move take profit order on first entry from +50 to 0.

7.       Create pending long order, 50 points behind 2nd entry level, 0.20 size, no stop loss

8.       If take profit target met on 2 entries, delete pending long order and re-enter market (step 1).

9.       If 3rd position entered, create take profit order at +50.

10.   Move take profit order on first entry from 0 to -50.

11.   Move take profit order on 2 ndentry from +50 to 0.

12.   Create pending long order, 50 points behind 3rd entry level, 0.60 size, no stop loss

13.   If take profit target met on 3 entries, delete pending long order and re-enter market (step 1).

 

Repeat this for 10 entries total. The sizing should go:

 

Entry

Size

1

0.1

2

0.1

3

0.2

4

0.6

5

1.2

6

2.4

7

5

8

10

9

20

10

30

 

Each time a pending order is entered, all current entries need the take profit order amended by -50.

Here are 2 examples:

 

3 entries:

Entry

Size

TP

1

0.1

-50

2

0.1

0

3

0.2

50

 

  6 entries:

Entry

Size

TP

1

0.1

-200

2

0.1

-150

3

0.2

-100

4

0.6

-50

5

1.2

0

6

2.4

50

 

This also needs to be created for short position. – exactly the same rules

 

I want to be able to change the currency pair and sizing for testing


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Project information

Budget
30 - 60 USD
For the developer
27 - 54 USD