Stoploss EA

MQL4 Experts

Specification

Hello, I need a programmer that can develop a stoploss EA or simple money manager. The EA will take over a trade once deployed and it will prevent my trade to be closed once the market goes against it until the market closes above the stoploss if it is a sell trade and below the stoploss for a buy trade. It will have an option to determine the number of pips the market can go against the stoploss for which it will keep the trade open. An rough example of this is if I placed a buy trade at a price, say 10.0000, and my stop loss is 9.0000, when I deploy the EA, I specify an allowance of 5pips against stoploss. If the market goes down to 6.0000 the EA will prevent the market from closing, because 6.0000 is only 3 pips from 9.0000, which is my stoploss. The trade will close if the market moves to 3.0000 because that is 6pips from my stoplossand above the allowance I gave the EA. The trade will close when the market goes against my stoploss only if the bar that goes against it closes against it. What all this translates to is that a spike against my trades will no longer close them except the spike exceeds a maximum number of pips specified.

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Project information

Budget
20 - 80 USD
For the developer
18 - 72 USD
Deadline
from 2 to 5 day(s)