New Robot - S & R Straddle using Pending Orders

MQL4 Experts

Job finished

Execution time 1 day
Feedback from employee
Great customer. A pleasure to work with such people.
Feedback from customer
Excellent job - easy to work with. I have already offered additional work and hope to develop a long term relationship with Aleksandr

Specification

I am looking for an EA that places pending orders as a straddle at support and resistance levels.

Here is a sample screen showing an existing EA placing breakout pending orders with SL


This works fine - it has parameters - number of bars for calculating S/R, Lot Size, StopLoss, trailing SL and break-even. When break-even is reached SL is set to BE.

What I want is to be able to set a straddle on the S/R. The strategy is that when S/R is touched the robot should place a pending order at nnn (parameter needed) points either side so that if breakout occurs or price reverses from S/R the appropriate order is placed and the other order deleted. So here is logic:

1. EA opened

2. New bar opened - delete all pending orders this magic

3. If open order
a) check and set SL if price has moved beyond break-even
b) end

3. If price within nnn (another parameter required) points of S/R
a) open pending orders either side of S/R 
b) end 


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Project information

Budget
20 - 100 USD
For the developer
18 - 90 USD
Deadline
from 1 to 10 day(s)