Simple MQL4 Pending Order EA

Experts

Job finished

Execution time 5 days
Feedback from customer
This was my first ordered EA and I chose Dima due to his good feedback. Now I have the chance to add to that. Dima fully understood my EA requirements, implemented all functions quickly and easily but best of all, he also added some useful functions that I didn't even consider. He is quick to respond to messages and very polite. I recommend Dima for your EA requests and will make use of his services again when needed.
Feedback from employee
Good customer. Fast testing. Recommended.

Specification

Hello,

I would like a simple MQL4 expert advisor to be programmed that will place orders for me at specified times under the following conditions:

The EA must use the time from my MetaTrader 4 platform. When it is activated, it must allow me to insert a very specific time (including seconds) for when it should place two pending orders on a one minute time frame, e.g. 14:29:45.

Just before it places those pending orders, it must calculate the High and Low of the current open candle as well as the High and Low of the previous candle at the specified time.

It must determine which of those two Highs and Lows are the extremes and use those measurements for placing the pending orders. See the example below:

At 14:28:00, there was a candle with a High of 1.5014 and a Low of 1.5000. At 14:29:45 the current open candle has a current High of 1.5016 and a current Low of 1.5008.

The EA must use the values 1.5016 and 1.5000 for its calculation and immediately place two pending orders in the following way:

Order #1 will be a Buy Stop order with an entry price 15 pips above the calculated High (1.5031) and a Stop Loss placed 10 pips below the entry point (1.5021). It must also set a Trailing Stop of 4 pips for this order.

Order #2 will be a Sell Stop order with an entry price 15 pips below the calculated Low (1.4985) and a Stop Loss of 10 pips above the entry point (1.4995). It must also set a Trailing Stop of 4 pips for this order.

The EA must allow me to set the default entry price for all trades if I want to change it later on as well as be able to change the default Stop Loss and Trailing Stop values.

There are two more things the EA needs to do with the orders it creates:

1. When the two pending orders are created and one of them becomes active because the entry point was reached, the other pending order needs to be cancelled immediately.

2. If neither of the pending orders are activated within 25 seconds after they are created, they must both be immediately cancelled.

When loading the EA, I would like it to pop up with a dialogue box allowing me to change the default values for the Stop Loss, Trailing Stop and Entry Point in pips.

Also, it is very important that I can edit the amount of lots to trade when I activate the EA.

I would like the option of adding a Take Profit level as well which should have a default of 0.

So in total, I want the following to come up in the dialogue box:

- Time to execute orders (including seconds)

- Amount of Lots to trade (default is 0.01)

- Entry Point (default is 10 pips above High for buy stop and 10 pips below Low for sell stop)

- Stop Loss (default is 10 pips below buy entry point and 10 pips above sell entry)

- Trailing Stop (default is 4 pips for both orders)

- Take Profit (default is 0 pips)

So in total, there are six variables I would like to possibly edit when activating the EA.


The entire EA must be coded in MQL4 to integrate with my MetaTrader4 platform with my broker (Pepperstone).

Time for delivery is 3 - 10 days and the budget is $50.

Thank you

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Project information

Budget
50 USD
For the developer
45 - 45 USD
Deadline
from 3 to 10 day(s)