Stop&reverse EA

MQL4 Experts

Job finished

Execution time 4 days
Feedback from employee
Five star customer!
Feedback from customer
Serious and precise programmer. Very reliable and hardworking

Specification

Hello,

I would need an EA that places stop&reverse orders and gradually increases position size by 50%. In particular, the EA should work in the following way.

As soon as I open a market position, the EA should insert a reverse order right at my stop level, with profit target and stop loss fixed and equal to 10.1 pips and 5 pips respectively. Position size should be equal to my original position. If my profit target is hit, the EA should cancel the order; if the stop loss and related order are hit, it should place a reverse order right at the new stop level, increasing the position size by 1.5 (profit target and stop loss still equal to 10.1 and 5). Then, if the profit target is hit, it should cancel the reverse order; if the stop loss and related order are hit, it should insert a new reverse order and increase position size by another 1.5, up to 2.25 times the original size. It should keep doing this until the 6th order (about 7.6 times the original size). Then, it should stop placing new orders.

I attach a JPEG file that represents the functioning.

 

Thank you! 

Files:

JPG
EA.jpg
89.9 Kb

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Project information

Budget
100 - 150 USD
VAT (22%): 22 - 33 USD
Total: 122 - 183 USD
For the developer
90 - 135 USD
Deadline
from 7 to 14 day(s)