AUTO OPEN LIMIT ORDER EA SCRIPT

MQL4 Scripts

Job finished

Execution time 3 days
Feedback from customer
thank you for all the useful suggestion , appreciate that. btw , the developer will ask for meeting through team viewer or anydesk and dont worry about it,is not a scam .
Feedback from employee
thanks a lot

Specification

Hi, I want a script which can automatically open limit order buy & sell with distance (pips/points)

1-setting panel - 

DISTANCE FOR EVERY LIMIT ORDER : E.g. 50 PIPS/POINTS

SL DISTANCE :E.g. 50 PIPS/POINTS

TP INSURANCE 

INSURANCE TP PIPS :  E.g. 50 pips/points (NOT TP , IT JUST A GUIDELINE FOR CONDITION)

INSURANCE % : 25 % 50% 75% IT can be any percentage. 

*INSURANCE TP IS SIMILAR WITH TP - TRIGGER ONLY WHEN MEET THE CONDITION , GOING TO EXPLAIN AT BOTTOM . 

LOT SIZE:  E.g. 0.1

PLAY AND STOP BUTTON , (when you click play everything will go according to the data above.)

this is how it works :

( E.g. CURRENT PRICE -1350  BUY STOP -1400) we name it BUY1

( E.g. CURRENT PRICE -1350  SELL STOP-1300) we name it SELL1

-when BUY1-1400 is open , on top of this BUY1-1400 order (distance 50pips ) will generate a new BUY STOP (BUY 2)-1450 

-only when two same direction order is OPENED  (BUY1-1400 BUY2-1450), a new sell stop order will generate ,(SELL 2) -1350 (50pips away from SELL1)

So, in between SELL 2 AND BUY1 IS 100 pips  - SAME GOES TO SELL SIDE

-TP INSURANCE

WHEN PRICE REACH INSURANCE PIPS  E.g. 50 PIPS ,  SL WILL  AUTOMATICALLY CHANGE FROM SL LOSE TO THE PERCENTAGE THAT YOU KEY ABOUVE.

IF WITHOUT SL STILL FUNCTION.

REMARK

-HEDGING ORDER ARE NOT AFFECT THE EA RUNNING (WHEN BUY1 DIDN'T HITS BUY2 AND BACK TO SELL 1 BECOME LOCK ORDER)

-IF SL DISTANCE IS 0 TP INSURANCE STILL WORKING .


THIS IS ALL I HAD RIGHT NOW , IF THERE IS SOMETHING THAT I MISS OUT KINDLY LET ME KNOW , WE CAN FURTHER DISCUSS , THANK YOU.

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Project information

Budget
30 - 80 USD
For the developer
27 - 72 USD