Order Manager EA

MQL4 Experts

Job finished

Execution time 5 days

Specification

The EA will require three buttons that will need to be draggable, a Buy Button, Sell Button, and a Remove Order Button.

 One Click Buttons

I already have the Buttons coded onto another EA, just need the Buttons re-coded and the Buy and Sell buttons showing the actual order entry price at each candle close.

The Visual Button settings from the previous EA should also be included into this EA.  

I'll also need one Visual Button parameter created, "Move Candles Behind Buttons" so when enabled the EA will move the Buttons in front of all the candles.

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Buy Example

If the user now presses the Buy Button. Then the EA should perform like the following:

Step 1:

EA places a Buy Stop at the previous candles high, now if the order cannot be placed because price is above the high then the EA will be required to send out a warning popup / mobile notification stating the following "Invalid / Over High / EURUSD / M15 / 12:00".

Step 2:

EA sets the Stoploss for the Buy Stop order at the lowest low, this low should be based on a specific number of previous candles. This should include any additional pips that the user requires below the lowest low, the user can set this amount by using the Stoploss Pip Buffer parameter.

Step 3:

EA sets the Take Profit based on the distance between the Buy Stop and the Stoploss. So if I set this parameter to 2 then it will be 2 times that size.

Step 4:

If the Buy Stop doesn't get activated before the current candle closes, the EA must automatically remove the pending order.

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Sell Example

If the user presses the Sell Button. Then the EA should perform like the following:

Step 1: 

EA places a Sell Stop at the previous candles low, now if the order cannot be placed because price is below the low then the EA will be required to send out a warning popup / mobile notification stating the following "Invalid / Below Low/ EURUSD / M15 / 12:00".

Step 2:

EA sets the Stoploss for the Sell Stop order at the highest high, this high should be based on a specific number of previous candles. This should include any additional pips that the user requires above the highest high, the user can be set this amount using the Stoploss Pip Buffer parameter.

Step 3:

EA sets the Take Profit based on the distance between the Sell Stop and the Stoploss. So if I set this parameter to 2 then it will be 2 times that size.

Step 4:

If the Sell Stop doesn't get activated before the current candle closes, the EA must automatically remove the pending order.

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Important EA Features

  • If a Pending Order was created outside the one click buttons, so for example through neither the MT4 platform or MT4 Mobile app. Then the EA will need to check to see if the correct Lot Size, Price Level, Take Profit and Stoploss were used on them. If the EA detects that there was a mistake with any one of those parameters then the EA will need to remove the pending order and replace it with the correct parameters. 

  • If the Pending Order was placed manually as a Buy Limit or Buy Stop, then the EA should consider it as a Buy and replace the pending order with the correct parameters.

  • If the Pending Order was placed manually as a Sell Limit or Sell Stop, then the EA should consider it as a Sell and replace the pending order with the correct parameters.

  • The EA should be attached on the currency symbols that will be traded, so for example if I only attach it on EURUSD then the EA will only work on EURUSD.

  • The candle timeframe will depend on the chart the EA is attached to.

  • If the User presses the Remove Order button, then the EA will need to check and see if any of the above EA Buy or Sell Orders were placed, if so then the EA will remove them immediately. But once the order is activated it shouldn't close the order. However If I decide to cancel the pending order manually by using my MT4 platform or Mobile App the EA shouldn't replace order unless I resubmit a new order again.

  • I should be able to use the Strategy Test with this EA.

  • If the EA does not have enough free margin to place the order, the EA should then send out a Popup/Mobile Notification stating the following message "Warning / No Free Margin / EURUSD / M15 / 12:00"  
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EA Parameter Settings

 

Previous Count

 

Enable Stoploss = True/False

 

Stoploss Pip Buffer

 

Enabled Take Profit = True/False

 

Take Profit Multiplier 


Set Risk Percentage 

This is where I can set the Risk Percentage for the pending orders.

Set Risk Account Type = (Account Balance / Account Equity / Custom Account Balance)

This is where I can set the Account type that the EA should use when calculating the Risk Percentage.

Set Custom Account Balance = 

This is where I can set the Custom Account Balance that the Risk Percentage should be based on.

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Project information

Budget
10 - 100 USD
For the developer
9 - 90 USD
Deadline
from 1 to 2 day(s)