Re-write the EA

MQL4 Experts

Specification

Re-Write the Expert Advisor about the the correct Trademanagement.

The correct Trade settings i send you at email.


It is an Breackout EA with Moneymanagement.

Stop-Loss:

if Long  = -20 Pips but max. range(Low)

if Short = -25 Pips but max. range(High)

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Take-Profit:

if Long  = +155 Pips

if Short = + 55 Pips

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Trade-management:

Long-Trades

If Long and Breakoutcandle (the Candle who trigger the Long Order) closes less then (range(High) +1 Pips) ->Set new take Profit from +155 Pips to +10Pips

If Long and Breaktoutcandle closes higher then (range(High) +1 Pips) use following Trailing stop System.

1.       If OpenPosition + 30 Pips -> Set new Stop-Loss = +15 Pips

2.       If OpenPosition + 35 Pips and

a.       Candle close < +10 Pips -> Set new Take Profit +10 Pips

b.       Candle close > +20 Pips -> Set new Stop-Loss +20 Pips

3.       at 13:00 o'clock and

a.       if OpenPosition < +10 Pips -> Set Takeprofit +10 Pips

b.       if OpenPosition > +10 Pips -> Set Stop-Loss +10 Pips

4.       at 17:05 o'clock close all Long Orders

 

Short-Trades

if Short and Breakoutcandle (the Candle who trigger the short Order) closes less then (range(Low) +1 Pips) ->Set new take Profit from +55 Pips to +5 Pips

If Short and Breaktoutcandle closes higher then (range(Low) +1 Pips) use following Trailing stop System.

1.       If OpenPosition + 30 Pips -> Set new Stop-Loss = +15 Pips

2.       If OpenPosition + 40 Pips -> Set new Stop-Loss = +25 Pips

3.       If OpenPosition + 50 Pips -> Set new Stop-Loss = +35 Pips

4.       If Order Open between 10:05 and 11:59
Apply following Settings at 12:00 o Clock

a.       if OpenPosition less then 0 Pips -> Set new Take Profit at Entry Price

b.       if OpenPosition higher then 0 Pips -> Close Order now

5.       If Order Open between 13:00 and 13:29 then

Apply following Settings at 14:00 o Clock

a.       if OpenPosition less then 0 Pips -> Set new Take Profit at Entry Price

b.       if OpenPosition higher then 0 Pips -> Close Order now

6.       at 17:05 o'clock close all Short Orders

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Project information

Budget
10- USD
Deadline
to 5 day(s)