Sell or Buy, Trailing, Trade multiplier.

MQL4 Experts

Job finished

Execution time 43 days
Feedback from customer
Great coder. Great product. Knows his stuff when it comes to coding an EA. Recommended for anyone looking for a good EA.
Feedback from employee
Great job. Nice customer. Thanks for your job

Specification

I need a EA to the following specifications.

When EA is activated to trade it should open a new order instantly  (only if the spread is lower than the spread settings in the EA)
there will be an option in the EA settings if the EA only handles Buy or Sell during activated session.
once the EA took profit of the trailing stop from the initial first trade it should initiate a new first trade.
once the EA had a loss from the stop loss, it should activate a new order (2nd order) immediately with a lot size multiplier and stop loss multiplier (in the settings).
once the 2nd or 3rd or 4th or 5th and so on trade has recovered the loss of the previous trades and made a profit (specified amount in the settings) it locks in profit and is followed by a trailing stop.
this process should continue non stop until all lost trades are recovered with a specified profit take included. then only does the EA start over with the initial first trade over again.

The video attached shows in detail how the trades takes place manually and should be implemented into the Ea.
Sorry for the long video. you can fast forward it to look at it quickly as it is basically very simple method.

https://www.youtube.com/watch?v=d3QU-IZ0gvM 



EA Settings

Magic number - 123(EA requires to trade on numerous charts at once in on terminal. Magic number should be adjustable)
Comment - (should be able to comment to show in terminal)
initial lot size for first trade - Lot size should be adjustable.
Initial lot size multiplier after first trade - multiplier for lot size increase if trade was a loss, should be adjustable so i can i can insert my own multiplication.
Sell or Buy - setting to chose if the EA only does sell or buy during trading. (effective during trends for me)
Initial trailing stop for first trade - Trailing stop in points for first trade that takes place.
Multiplier for trailing stop distance after initial first trade was unsuccessful - multiply trailing stop for 2nd trade and so on, should be adjustable so I can I can insert my own multiplication.
Initial Spread lower than for first trade - max spread it will allow for first initial trade.
Initial Stop loss for first trade - Stop loss in points
Multiplier for stop loss for unsuccessful trades - Multiplier for after first trade initial stop loss distance to take effect on 2nd trade and so on, should be adjustable so I can I can insert my own multiplication.
initial profit in currency (as deposit currency) from second trade to last trade (so on) - Profit it should take before it lock in profit and start a trailing stop. Remember that it also has to recover the previous trades loss first before it can start taking in profit and then lock profit with trailing stop.



I would like a window display showing on the chart the loss and profit factor of the trades and the details please.




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Project information

Budget
20 - 30 USD
For the developer
18 - 27 USD
Deadline
from 1 to 15 day(s)