Job finished
Specification
point 1 is the starting point for the EA just as its attached to the chart. suppose the price is at 1.33400..Just as started ea will open a buy and sell from this same price. tp will be set for both position say its 200 pips away and also there will be a point called close all this point will be more away then tp..say its 500 pips. close all will be at both sides of point 1.
Point 1= 1.33400 = buy+sell is opened
tp is 200= 1.33600
close all is 500 = 1.33900 and 1.32900
close all = Close all opened and pending positions and start over again from a buy+sell.
Point 2:
now suppose market goes 200 pips high and hits the tp for buy at 1.33600
1.33600 is point 2. when buy has hit the tp,,the other tp set for sell will be deleted.
when the buy hits the tp at point 2..ea will open another buy at that point with increased lot size..lot size will be increased by 1.5 %.. so if the initial lot size was .10 new lot will .15
just as it will open 2nd buy at point 2 ea will set pending sell at point 1 again with increased lot size from current highest lot size,,it will again increase it by 1.5 % so if the previous buy was at .15 next sell will be at .22
so basically just after hitting the first tp ea will continue to post buy and sell orders at point 1 and 2 and will continue to increase lot size untill market goes to one side and hits CLOSE ALL. and then it will start over again with a buy+sell from that point. i will try to define the process below.
initial lot size = .10
first tp = 200
increase lot %= 1.5
close all = 500 at 1.28800 and 1.27700
now..
price is 1.28300 at ea start...
buy and sell of .10 opened at 1.28300
tp for buy = 1.28500
tp for sell = 1.28100
market hits the tp for sell at 1.28100
ea will open increase lot sell position at 1.28100...lot size .15 and post a pending buy at 1.28300 of .22
now market again goes back to 1.28300 and opens the buy,,ea will post pending a sell at 1.28100 ,,size= .33
now if again market comes back to 1.28100 and opens the sell ,,ea will again post a buy stop at 1.28300 ,,lot size= .50
it will continue to do so till market hits the close all.
then it will start over again..
kindly let me know about any questions.