Job finished
Execution time 1 day
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Feedback from customer
Great programmer, understood everything to the smallest detail, and a fast response, A+++
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Feedback from employee
Very good cooperation for 3rd time. Excellent person.
Specification
The EA will draw 3 lines wich are for 3 main functions:
MANUAL TRADE
I will open a manual market or pending order without SL or TP, EA must draw the TP with a horizontal line on the chart (even for pending orders before triggered).
This lines need to be able to be moved by me (the user) and not appear to the broker in the trade(ghost mode).
If TP is reached close manual and hedge trade and do nothing until another manual order appears.
HEDGE TRADE
The manual order will not have a SL, instead EA must hedge the order(open opposite order of the same lot size) at the specified level.
That "hedge" level needs to be moved by a line drawn in the chart (just like the TP horizontal line).
The hedge trade will not have a TP, just a SL placed at the open of the manual trade (SL line should not be drawn for the hedge trade since it will always be the open of the main tarde).
IMPORTANT the hedge trade is a "loop trade" meaning that until the TP of the manual trade is hit the hedge trade needs to open again and again with no TP and the same SL.
ULTIMATE STOP LOSS
EA must draw a 3rd line to function as "ultimate SL" if prices reaches this level the EA needs to close the manual and hedge trades of that basket
and do nothing until another manual trade appears.
EXAMPLE
scenario, I open a market buy order for eur/usd@1.2000, then the EA displays 3 lines (TP, hedge, ultimate SL) I move TP line to 1.2050 level,
i move hedge line to 1.1995 level and finally i move ultimate SL line to 1.1900 level.
a)Price retraces to 1.1995, EA opens a sell order with no TP but 1.2000 for SL(not shown to the broker).
b)Price then lowers to 1.1925, EA does nothing.
c)Price rises to 1.2000, EA closes the hedge trade for a loss.
d)Price rises to 1.2030, EA does nothing.
e)Price then retraces to 1.1995, EA opens sell order with no TP and SL to 1.2000.
f)Price retraces to 1.1990, EA does nothing.
g)Price rises up to 1.2000, EA closes the hedge trade for a 2nd loss.
h)Price rises to 1.2050, EA closes manual buy order and erases the 3 lines.
i)EA does nothing until another manual trade appears.
different scenario, from step f)
g2)Price lowers to 1.1900, EAA closes both sell and buy(manual) orders for a loss and erases the 3 lines.
h2)EA does nothing until another manual trade appears.
INPUTS
No inputs, at the open of the manual trade let the EA place the 3 lines at 50 pips apart from each other.
NOTES
Since EA will open and close trades with a graphical line all considerations must be made with the bid price.
The EA should work in baskets(manual and hedge trades), so it can be opened in multiple pairs AND even in multiple timeframes of the same pair.
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