Market Trapper

MQL4 Experts

Specification



i need it to place 20 pending orders of buy limit 10pips (as input) below current price and 20 order of sell limit 10 pips (as input) above from current price.
first Limit will be 1 lot (as input) and 2nd will be 2lots and 3rd will be 3 lots and so on 20 limits total.
and about the TP first entry TP will be 5 pips (as input) and after that on each entry it will check the average price of total active orders and if TP will be 5 pips from avg price then it will keep on trailing the TP 5 pips from average price.
suppose eurusd sold 

1.          1 lot = 1.1210       TP=1.1205
2.           2 lots= 1.1220       TP=1.1212

because avg price= 1.1217 and TP is 5 Pips so tgt for both entries will be switched to 1.1212.
Same way if Mkt hits 3 sell entries as:
1.           1 lot = 1.1210  When mkt hits first entry     TP=1.1205
2.           2 lots= 1.1220  When mkt hits 2nd entry     TP=1.1212 for both 1st and 2nd entry
3.           3 Lots= 1.1230  When mkt hits first entry   TP= 1.1219 for all 1st and 2nd and 3rd entry
so It will trail TP at each entry.
and when tgt will met all active orders will be closed and all pending limits will be removed.

and again 20 orders on both side will be placed again. so it will keep continue.

 

Inputs that I need:

Lot size: 1 

Entry Distance: 10 pips  (Entry Gape from current Price)

No of pending Orders: 20  (Buy limits & sell Limits)

Take profit pips: 5 ( No of pips from average price of all active orders) 

Stop Loss: 500 (  No of pips from average price of all active orders)

Magic Number:  1234

Equity Stop: 1000 

 

 

 




i hope you got my point.

Regards

 

shair Muhammad 

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