Job finished
Execution time 5 days
Hi there
I have an EA (Send Buy & Sell - attached) that I want to make a change to.
This EA allows you to place 2 trades on the same currency pair in different directions (buy and sell) at the same time. For each of the trades (buy and sell side) you can place a limit and stop in pips.
I want added to that a stop loss and limit in value / equity / deposit currency for the 2 trades combined.
So I will have the option to choose a stop loss or limit for each transaction as it is currently OR
the option to type in the stop loss in $ (equity) terms for the combined loss for the 2 trades and type in the target combined limit (profit) in $ (equity) terms.
e.g. I choose to type in the stop loss - lets say -$500 and the limit +$750.
Both the long and short trade is closed when the combined profit on the 2 trades reaches +$750 or the combined loss on the 2 trades reaches -$500.
Why:
I want to increase my trading volume but keep my overall leverage low (i.e. buy 20 lots and sell 19 lots = effectively 1 lot in the market). The variable spreads however means I need to close both the long and the short trade at exactly the same time in order to keep my effective leverage low and not risk an overleveraged naked position.
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