Simple Hedge

MQL4 Experts

Job finished

Execution time 2 days

Specification

Simple Hedge EA

When a manual position is filled, either market or pending, the EA will set take profit, stoploss, trailing stop, breakeven.

It will also set a pending hedge order in the opposite direction at a specified number of pips from the first manual position.

The hedge position will have no take profit or stop loss.

If the first position is closed (manually, take profit or stoploss) the pending hedge position is cancelled.

If the pending position is filled before the first position is closed, then the first position's take profit and stoploss are removed. We then have two opposite positions with no take profit or stoploss on either.

Both positions would then be managed manually thereafter.

EA must allow multiple hedged positions per currency pair. Multiple manual positions can be set and each will have its own hedged pending order.

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Project information

Budget
20 USD
For the developer
18 - 18 USD
Deadline
from 1 to 3 day(s)