Mt4 EA that sets pendings as fill or kill

Overall framework Description.


This is a EA that auto plots pending's according to levels that are posted from previous day between x & Y time.

We must have a option to offset when Daily open forms to set new day as each broker is different.

Essentially we are to set a Pending short X Pips above the high formed between X & Y time on the previous day. We will also set a pending Long X pips below the low. (X pips must be a setting)

At x hour pending's will be posted as fill or kill orders - they will expire at Y time (extern settings) if not filled. * TO RECAP UNFILLED ORDERS WILL EXPIRE IF NOT FILLED*


RISK

-Lot size .5 lots per $10,000 of equity
If Trade results in a loss reduce lot size by 50 % on next trade and continue to do so until 50% of the loss has been rebuilt.

-SL/TP placement N/A I have something else to do this.

Extra Settings

-All trades will be assigned a magic number that can be set in extern settings.

-If one order is filled the other must be cancelled.

- Start and end time we log the high and low on the previous day.

- Start and end time we add the pendings on the new day

- Time offset for daily open so we can calibrate broker to the daily open 

Option to elect on/off for Monday/Tuesday/Wednesday, Thursday, Friday trading independently