Expert Advisor using dynamic TP and Lot size

MQL4 Experts

Job finished

Execution time 5 days
Feedback from customer
Thank you for the professional WORK and the Kind cooperation, All The Best!!!
Feedback from employee
Good customer. Thank you.

Specification

EA open a Buy trade and a Sell trade using a TP of 10 pips, no stop loss, start with Lot size of 0.01 


BUY Trade:

If TP achieved open a new trade with 0.01 Lot size,

If trade loss -10 Pips open a second trade with TP 11 Pips and lot size 0.01 and move the TP of first trade to the same new TP of the last opened trade

If the second trade loss -10 Pips open a third trade with TP 12 Pips and lot size 0.02 and move the TP of all previous trade to the same new TP of the last opened trade.

and so on in a series of opened trades with increased lot size and bigger New TP and move the TP of all opened trades to the same TP of the last opened trade.

Every -10 Pips loss for last trade a new Trade opened.

In a way to make sure all the opened trades will close together with positive profit if the last trade close .

If TP achieved open a new trade with 0.01 Lot size, and start from the beginning.

It is better to select the Lot size and TP for each level of opened trades, there is no formula for that increment of TP and Lot size.


The attached file shows the calculation done without taking in consideration the difference between the price of opened trade and the previous trade -10 pips. if there is difference it should be calculated and TP adjusted in the positive way.


Do the same for the SELL Trades.


 

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Project information

Budget
30 - 150 USD
For the developer
27 - 135 USD
Deadline
to 10 day(s)