Simple position setup EA with recovery %

MQL4 Experts

Job finished

Execution time 3 days
Feedback from employee
Very Good Customer, Nice to talk with him, Highly Recommended Cause he know what developer want... Wait For More Job Dude...
Feedback from customer
Really great work. Doesn't give up. Very nice to deal with.

Specification

This EA is a simple assistant to help with the task of opening positions, placing buy/sell limit orders and adjusting take profit settings.

It uses a user defined martingale type set up after an initial hedging strategy where a start position is opened in both directions.

The recovery % is a key aspect of this EA. The EA will adjust the take profit level as new limit orders are opened to match the user settings. This is explained the attached file. Each order in the martingale sequence is specified as an exact value (see EA parameter panel design). 

There are also two buttons on the chart. The sequence is activated by pressing Start and all open positions/orders can be immediately closed by pressing Close/cancel all.

The EA also includes an auto open feature that will start a sequence after XX minutes of being added to a chart or the after the same number of minutes after the last sequence being closed.

This EA does not reference any indicators or use stop losses (as it will be manually monitored). Only ONE sequence is permitted at one time on a chart.


Files:

ZIP
MTv1.zip
27.3 Kb

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Project information

Budget
30 - 100 USD
For the developer
27 - 90 USD
Deadline
to 4 day(s)