NEW EA

MQL4 Experts

Specification



EA rules

STOP EA : EA not open new trade but keep monitoring open positions ( True/ False) 

TP = 20 pips 
modified TP ( in pips): 15 
SL 
new open position (in pips) : 25 
intial lot size : 0.01 
Maximum postions : 
lot addition : 0.01 (meaning every time lot size will increase by 0.01) 



RULE 1 : As soon as EA start then SELL 1 and BUY 1 at the same time with initial lot size. If market goes up then SELL 2 after 25 pips (new open position) with new lot size (to added lot size) and if market goes up again and SELL 3 after 25 pips untill it reach maximum postions. 



Rule 2 = Let say we sell position 1 at level 1.2020 and TP 1 for this position is : 1.2000 (when we have TP = 20). Now market gone up and EA will open position 2 after 25 pips (new open position = 25) and TP 2 for this position will = the open value of position 1 (1.2020) - modified TP (modified TP = 15) then new TP 2 = 1.2005 for both positons and

NOW we sell position 3 and new TP 3 = The TP 2 + modified TP (modified TP= 15) = 1.2005 + 15 pips = 1.2020 

Now we have TP for all 3 positons = 1.2020 

Lets SELL position 4 and new TP 4 = TP 3 + modified TP in pips = 1.2020 + 15 pips = 1.2035 and so on. 


RULE 3 = BUY 1 open at 1.2020 ( same level of SELL 1 ) . when BUY 1 close at TP (20 pips) at 1.2040. and at same level 1.2040 open BUY 2 with intial lot size. 

FROM this point we will have 2 possibilities either market goes up or down. 

If market goes up again then BUY 2 close on TP and open BUY 3 and so on along side with SELL positions as explain above in RULE 1 

if Market come back and go down then after 25 pips (new open position) BUY 3 at 1.2015 and so on... 

TP will work same as Rule 2. 


Rule 4 = Let say we have 5 SELL positions with same TP. When market hit this TP then all 5 position will close. NOW we like to open NEW sell position SELL 1 with intial lot size and SELL 2 with added lot size and so on SELL3 

same rule for BUY. 

Trailing stop 

Hide TP/SL = true/false ? 

I like to add activication code option

for example : if my friend want to use this EA. He will give me his real account number then I will issue him a activation code. 

Then he can use this EA as long as I let him do it ONLY on that account. 

If i want to stop this EA on my friend EA, i should able to stop on my server ? 





Display Board 

profit/ loss : 
open sell postions 
open buy postions 

current TP : 

Total closed sell : 
total closed buy 
total profit/loss from sell : 
total profit/loss from buy : 

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