Job finished
Execution time 21 hours
![](https://c.mql5.com/i/avatar/avatar_na2.png)
Feedback from customer
conniving for a fast money grab. Unable to comprehend basic matters . No programming skills. Avoid by all means
![](https://c.mql5.com/i/avatar/avatar_na2.png)
Feedback from employee
asked for more than he paid for and also was ungrateful..
Specification
-
series of reversed trades, ranging from 1 to N (a user-defined number of trades, within a single cycle.
The exit from the cycle is initiated when a predefined $$$ profit target is reached or number of reversals is used.
Profit target for a single cycle : Closing Balance bigger then opening Balance in set dollar amount.
This strategy cycle start with Long or Short position entered on MRKT order and each has own Magic number.
Exit : profit-taking at a specific dollar amount, Closing Balance bigger then opening Balance in set dollar amount. Or number of reversals is uo and Exit with a loss.
stop loss mechanisms, involving reversals in the trading direction from Long to Short and vice versa limited times set by parameter.
Trading Parameters
1. Start EA: Choose to initiate Long positions or Short positions.
2. Profit Taking: Define the target dollar amount for profit-taking within one cycle.
Closing Balance bigger then opening Balance in set dollar amount,
Loss: When number of “flips” or Strategy reversals is reached.
4. Stop Loss/Reversal in Trade Direction: Set the parameter in pips to stop trading in the current direction and initiate a reversal (e.g., from long to short or short to long).
Example : Long 1, if stoped Short 2,
If stoped Long 4
If stoped Short 8
Until predetermined number of reversals are reached or Profit with Exit happened.
5. Lot Size Increase at Reversal: Determine the coefficient for increasing the lot size at each reversal (e.g., 1.7., 2.0., 2.4., etc.).
7. Cycle Restart: Specify whether the cycles should restart after Profit or Loss Exit (Yes/No).
8. Time Series of Cycles Start: Define the starting time for the trading session.
9. Trailing Stop: Enable or disable trailing stop functionality (Yes/No). Further details can be discussed with you: the developer.
10. Active Trading Duration: Determine the maximum duration for the trading session in minutes. This timeframe sets a limit on how long the series of cycles run until the last trade within the series closes with either a profit or a loss.
Note: if active trading duration set for 120 minutes, restart of cycle only in this time frame . No forced close. Let it run outside active trading time with whatever outcome nay be.
11. Abort Button: Implement an abort button to close all positions and cancel any outstanding orders.
12. In chart Display: Display ongoing profit/loss for the current cycle.
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