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Specification
I need a copier that copies trades from MT4 Master to Master Slave in the following way.
It will look on Master if for example there is Sell on EURUSD it will wait special criteria to be fulfilled on Slave and will copy the trade For Example a fresh SAR Sell signal, and will manage the exits on the slave separately as well according to exit criteria such as target reached.
It will look again on the Master if the Trade is still there then it will wait for the next time the same criteria is filled and will enter it again and manage it as well.
If the trade is closed on the master account it should be closed on the slave as well.
Contact me for more detailed info.
Point 1:
When there is a Sell trade at the Master, then the Slave will not open the corresponding Sell trade only when a specific criteria is met for example SAR indicator criteria that is clear, but I need to know the exact criteria in order to code it.
A crossover between price and parabolic for entry.(If price crosses down parabolic Sell, and if price crosses up parabolic Buy)
Point 2:
With respect with the exit criteria, is it like the StopLoss and the TakProfit and of course those will be adjustable from the Slave EA properties window, or there is any criteria/indicator involve with the exit criteria?
The
Exit is a crossover between price and parabolic as well, if there is
Sell trade and price crosses up with parabolic Close Sell, and reverse
for Buy, Also a stoploss and Target profit are present.
Point 3:
When you stated:
It will look again on the Master if the Trade is still there then it will wait for the next time the same criteria is filled and will enter it again and manage it as well.
That wasn't very clear, what I can understand, that for every open trade at the Master, there should be a corresponding trade at the Slave side, now I think what you have meant was that if the corresponding trade have closed at the Slave side while the original trade at the Master still open, the Slave should open that trade again "when the criteria is met".
This is correct how you understood it.
Point 4:
The copier will be attached to one chart on Master and one chart on slave, and trades will happen on different pairs on Master, so when it will copy trades on Slave it should compare trades to their specific criteria individually. So a EURUSD trade will will need to be compared to EURUSD criteria, and a GBPUSD trade to GBPUSD chart criteria, on a defined chart timeframe.
This is a very important step.
Point 5:
I need Full Rights to this copier.