SIMPLE EA

MQL4 Experts

Job finished

Execution time 9 days

Specification

EA LOGIC

OPEN

EA will open trade in direction of price movement every X pips until MAX number of 
trades is reached

EXAMPLE 1 where X = 10p and MAX = 10 trades  
EUR/USD is currently at 1250, EA will open sell trade if price will fall down to 1240, 
next sell trade at 1230, then 1220 and so on... until MAX value of trades is reached

EXAMPLE 2 where X = 10p and MAX = 10 trades
EUR/USD is currently at 1250, EA will open buy trade if price will reach 1260, next
buy trade at 1270, then 1280 and so on until MAX value of trades is reached

Trades to be opened only in one direction.
number of lots will build up.

CLOSE

1. If 1st trade = SL value (SL value ONLY for 1st trade, otherwise Break Even)
2. If TP = X GBP
3. IF Break Even 

EA OPTIONS

1. Start time, UTC zone
2. Adjustable distance between trades (X value)
3. Adjustable number of lots for every next trade
4. Break Even should have + x GBP
5. EA should be able to operate on many pairs at the same time,

    should be able co count TP from all pairs traded.

 

MQL4 please 

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