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Job finished
Execution time 5 days
Feedback from customer
I'm extremely happy with the developer's work... from responsiveness to attention to detail. I look forward to working with him again.
Feedback from employee
Friendly, considerate client. A very detailed description of the task, prompt verification and acceptance of the work. Thank you for your collaboration.
Specification
Need an EA using a simple lock strategy... where I place 2 simultaneous buy and sell stop orders... and depending on movements in the market, trigger new entries with exponential increases in lot sizes to mitigate risk and make profits.
Basic Flow:
1). Open 2 orders: Buy Stop and Sell Stop (e.g 1 lot each) on instrument simultaneously.
2). I need to be able to set the lot size, Take profit and Stop Loss on the orders.
3). As the market moves, one of the orders is triggered (e.g Buy Stop set with 1 lot)
4). As soon as the first order is triggered (e.g Buy Stop set with 1 lot), the other order that wasn't triggered (e.g sell stop) has another order with an exponentially higher lot size (e.g 2 Lots) added to it... for a total of 3 lots.
5). If the first triggered order goes according to plan... it gets to the target (take profit).
6). On successfully taking profit, all other trades should be closed and all pending orders cancelled.
7). If the first triggered order does not get to the target (take profit)... the market may reverse to the second pending order...
.
8). The second order is then triggered...
9). As soon as the second order is triggered (e.g Sell Stop set with 1 lot), the previous first order (Buy Stop) has another order with an exponentially higher lot size (e.g 8 Lots) added to it... for a total of 9 lots.
10). If the second triggered order goes according to plan... it gets to it's target (take profit).
11). On successfully taking profit, all other trades should be closed and all pending orders cancelled.
12). This cycle continues... until take profit is achieved at some point.
It is vital that I'm able to set the following:
a). Entry points, Take profits and Stop Losses for the Buy stops and Sell stops...
b). The lot sizes for the trades...
c). The lot sizes for each follow up trade should be able to exponentially increase according to a ratio that I set...
d). All orders (both active and pending on the instrument) should be cancelled as soon as take profit is achieved.
I can discuss or explain in more detail once we agree to proceed.
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Project information
Budget
50 - 300 USD
For the developer
45
- 270
USD
Deadline
to 10 day(s)