WAVES EA MT5

MQL5 Experts

Job finished

Execution time 2 days
Feedback from customer
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Feedback from employee
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Specification

WAVES EA MT5


I need an EA quite simple:


STRATEGY: 

First order: BUY/SELL (it will be selected manually and it will be put in the market just when the EA is started in the chart. When one order close by Take Profit the new first order will be according to this selection (BUY/SELL))

IF first order close by Stop Loss, the EA will open the opposite order with the next lot. If close by Take Profit starts again.

Example:

First order: SELL

The EA will put a SELL order with Lot 1 (order 1)

If order 1 close by Stop Loss, the EA will open a BUY order with lot 2 (order 2)

If order 2 close by Stop Loss, the EA will open a SELL order with lot 3 (order 3)

If order 3 close by Stop Loss, the EA will open a BUY order with lot 4 (order 4)

If order 4 close by Take Profit, the EA will open a SELL order with lot 1 (starts again from the beggining)

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Magic number:

Max spread (points) = input (ex: 20 points)

Max slippage (points) = input (ex: 10 points)


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Money management

Take Profit (%): (example 1%, if EUR/USD: 1.19234, the take profit will be 1192 points)

Stop Lost (%): (example 2%, if EUR/USD: 1.19234, the stop loss will be 2385 points)

Lots: Lot 1, Lot 2,........Lot x (example; 0.01, 0.02, 0.03, 0.05, 0.07, 0.09....)

If the first order (Lot 1) close by Stop Loss the next order will use Lot 2. With each stop lost the next order will use the next Lot

If the first order (Lot 1) close by Take Profit the next order will start again with Lot 1. With each take profit the next order will use the first Lot, Lot 1


If one order can not be opened because spread or slippage is higher than Max spread, Max Slippage the same order will be put in the market as soon as spread/

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Project information

Budget
30+ USD
VAT (21%): 6.3 USD
Total: 36.3 USD
For the developer
27 USD