Open Pending Orders Assistant EA

MQL4 Experts

Specification

Hello,

i need an EA that opens and manages additional pending orders for me.

Step 1: I manually set up one or more pending orders with a single currency pair. Then i attach the EA to that currency pair.

Step 2: If one of my manually set up pending orders is touched by price action and goes active,then the EA first must delete my other manual pending orders i set up before.

Step 3: After that the EA sets the TP and SL for the single Open Position according to the settings in the EA properties. 

Step 4: After that the EA sets its own pending order "grid" according to the distance levels i can define in EA properties. If the open position is a buy the EA must set pending buys beneath the open position.

If the open position is a sell the EA must set pending sells above the open position.

Step 5: If one TP or SL is hit the EA must close all pending orders and all open positions in that currency pair

Step 6: Then the EA waits for the next pending orders i will set up manually.

 

Thats it.

The EA should manage the orders only of that currency pair it is attached to. I want to use multiple of these EA's with multiple currency pairs.  


Parameters the EA should have :

- TP & SL for the first open position 

- Number of Levels (up to 20)

- Distance for the pending orders 

- TP & SL for each level.

- Lotsize for each level. 

 

I already have a similiar EA that does that sort of things for me. The existing EA just needs to recognize my manual pending orders instead of a market order.

Perhaps you can take this EA and change it the way i want it or use it for reference. I attached the EA here. 

Thank you in advance. 

 

 

Files:

MQ4
TEA.mq4
10.6 Kb

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