2nd Entry EA / Copy EA

MQL4 Experts

Job finished

Execution time 9 days
Feedback from employee
Very Good customer, clear requirements.
Feedback from customer
thanks a lot, great job, fast communication and fast delivery :)

Specification

2nd Entry EA / Copy EA
1. Please only developers with expierence, who focus on the request and understand what is needed.
2. Source file needed MQL4 (can be indicator or expert)
3. Idea: EA is copy an existing opened order from a magic, symbol etc. just with limit order 
and the option to change the exit

4. EA Functions below:
4.1 Copy function selectable (Long, Short or Both)
4.2 Copy of EA (to be copied EA)
- by "Magic" or if more (magics 1,2 / seperate by comma)
- by "Comment" (example like %EA1%)
- by "Symbol"
4.3 This EA parameters
- "Magic No." 
- "Comments" (example comment: "2nd Entry")
- "Pips from Entry:" 20 pips (standard value)
- "Kill Limit Order" 2 hours (standard value) / Delete Limit Order if not filled after X hours

5. Entry Conditions
how it works: 
Long: If to copy EA is long (magic, comment or symbol) then place -> buy limit order 20 pips below entry price (from to be copied EA)
Short: Same to Long vice versa / if copy EA is short -> place sell limit order 20 pips above entry price (from to be copied EA)

6 Risk Mgmt.
- StopLoss by Perc - 1% (standard value) (risk by money == should be calculated by entry (limit order) distance to stop loss)
-> what means the lot size will be automatically calculated
Optionally fix lot size

7.  Exit Rules
7.1 - to by selected options ("1", "2&3") / if "1" (100% copy), if selected "2&3" can be modified) - standard value "1"
- 1 = copy 100% of to be copied EA / use same stop loss, target and exit partly positions similar to be copied EA
- 2 = use own start trailing, step trailing by pips values (standard values 25, start trailing after 50 pips and trailing pips 25 (standard values).
- 3 = Target by RR = if set to "0" (not used) / (standard value / reward = "2") / place target "2" times more then risk (if risk = 1%, then place target = 2% from the entry distance of limit order - stopp loss)

External / Modified Parameters:
EA Settings****
4.1 Long, Short or Both
4.2 magic, comment or symbol
4.3 magic & comment 
Risk Settings****
6. percentage risk by money or by fixed lot size
Exit Rules****
7.1 ExitOptions ("1" or "2&3")
7.2 Start & PipsTraling
7.3 Target by RR

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Project information

Budget
50 - 80 USD
VAT (19%): 9.5 - 15.2 USD
Total: 59.5 - 95.2 USD
For the developer
45 - 72 USD
Deadline
to 4 day(s)