Based on this Youtube video. please watch as all instructions are in it - https://www.youtube.com/watch?v=Fzh4dNhYga0
1. First trade is opened manually
2. Once trade is made, the EA is watching for manual trade placed and auto places a pending opposite stop (hedge) order at x pips (user configurable)
3. If pending stop (hedge) order is activated and makes x pips profit (user configurable) - close this open trade (NOT original manual trade).
4. Use some of profit made from hedge trade to close a portion of the original manually opened order. Also keep a portion of profit in account (user configurable)
5. When the opposite stop (hedge) order was closed in profit, then place another same direction as previous hedge trade stop order at x pips away, with TP of x pips.
6. If price goes to profit for 2nd hedge order, repeat steps 3-5
7. If price goes back to TP of original manual order, then close that order at TP and place a trailing pending stop order in the same direction.
8. This process repeats until all orders are closed.
9. If there are a buy order AND sell open orders and are x pips away from each other - then allow user to place another manual order to open. EA then repeats the process from step 1 with this new manual order and uses profit to partially close the open original trades that are further away, then once original orders are closed it can then use profit to close the newer orders….,
Similar orders
I am looking to develop an automated trading bot based on a strategy involving the crossing of four Simple Moving Averages (SMA). The bot should be capable of entering trades based on this strategy. Additionally, I would like to incorporate some custom diversions tailored for NinjaTrader
Good morning, I'm looking to have an RSI based trading bot developed, which focuses on having many options for closing trades in order to diversify my trading opportunities, and to be good for experimentation in backtesting. Here are the features I'd like: -Being able to have as many of the following options activated as I want, to try all combinations of them -To work on all timeframes, though I will be focusing on
Looking for an EA which can produce less than 5% drawdown. Also profit factor above 1.5 (preferably 2.0) Please give me proper explanation how your EA works too Has anyone programmed it before? is it limited to forex only
1) the EA can compound the lot size from 0.01 to 0.02 so on 2) the EA must able to trade different kind of pair 3) the EA will have stoploss or take profit 4) long term profit 5) for equiry will be 100 for every 0.01 lot Developer will have that kind of EA may apply and introduce any investor account! this EA must have mql4 file
p.p1 {margin: 0.0px 0.0px 0.0px 0.0px; font: 13.0px 'Helvetica Neue'} Hello Looking for someone to help me improve my current strategy on my own algorithm and to also add hedging mode
I want the script in mql5 language for my martingale strategy. The script should open trades in both directions buy and sell and if any trade closes in loss then open new trade in that direction by using the next volume and when trade closes in profit then reset the volume to first from volume list and also maximum consecutive losses limit will apply. If trades closes consecutively in losses and hits the limit then
Long Position 1. Trend Line: When a Lower High (LH) is formed, draw a trend line from the previous Higher High (HH) to the new LH. 2. Trend Line Adjustment: If a new Lower High (LH) is formed without breaking the trend line, redraw the trend line to the new LH. Draw a trend line between the Higher High (HH) and the Higher Low (HL). If a new Higher High (HH) is formed, remove the previous trend line and draw a new one
Please watch the video on this youtube channel and download the Indicator from there. https://www.youtube.com/watch?v=ldTomLu8DxE& ;t=32s Rules are explained on the video and the download of the indicator is on the same video
I would like an EA that follows exactly this steps to trade de daily candle. Watch the video and then see if you can do the task. https://www.youtube.com/watch?v=g3oDYq4P9ZE Document is one this link https://cdn.discordapp.com/attachments/1135977927469703230/1135978751461695598/Daily_Bias-TTrades_edu.pdf?ex=669a9a27& ;is=669948a7&hm=96de195f7e695a381c1261b065f67b94fae319d02a0c88641b146f8b2978320c& Should have
I have a custom EA that works fine in the live market trading, but when doing a back test in the strategy tester , it does not open sell orders. There are no errors or warnings; it just doesn't open sell orders. I've checked every possible reason that might be the reason why it does not open sell orders, but I can't find anything, especially since it works fine in the real market and it opens both buys and sells
All orders
Rules