Edwin Hartanto

MQL4 Experts

Job finished

Execution time 1 minute

Specification

This EA is divided into 2 major functions that handle the Take Profit for each trade executed.

First is to open an order or execute a trade where the take profit(TP) is the sum of all previous losses plus extra pips that is determine by the inputs.

Second is the complement function of the first one. Which once activated, it will disregard the first function and calculates its own Take Profit. The main purpose of the second function is to minimize loss just in case the accumulation first function’s Take Profit has already become to big.

The EA has to be programmed for MT4 build 840.

An indicator will be used to signal execute a trade. It is called xSuperTrend MTF.


Notes:

  • Both functions have to be programmed in separate functions.
  • Display the status of the current trade in a separate window.
  • All the Take Profit MUST minus the ENTRY’s spread. E.g. if the entry’s spread is 2.5 pips, and TP is 30, THEN the actual TP is 27.5 pips.
  • Programming lines must be NEAT.
  • Exceptions and errors in trades functions MUST be captured. I can supply the template if you like.

Files:

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Project information

Budget
10 - 100 USD
For the developer
9 - 90 USD