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Rules
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Specification
EA Tool
I looking for an easy EA tool, which is closing an open position in Profit if criterias (more than Xorder in Market- Than EA is activ - so EA wait for an order which is having xpercent profit from balance) an Xpercent of Balance Profit is reached - this order will be closed market by EA.
After closing the order in Profit - this order should be replaced as pending - same Lots or mulipieled lots, same entry price as closed order, same TP as closed and same SL as closed order as Pending Order.
This Pending Order should be good till not more than Xorders in direction of pending order (is replaced pending) order are in Market. So If EA has an buy pending placed and if there are less than 2 buy orders in activ Trading, EA is cancel the Pending and also close the order if it is in market.
Importat EA does handel orders from other EA and manual - but delete only his own pending orders. Because there can be pendings from other EA.
Paramters:
Xorders in market - than EA is activ (shown in chart) - and wait till an order has Xpersent of Balance is reached
Xpersent of Balance - if EA is activ (minimum Xorders is reached than EA is activ) if an order has reached Xpercent of balance order will be closed and replaced as pending
XOrders less in Market in Direction of pending - if less then 2 orders in activ trading in direction of the pending - pending order should be deleted an also if EA has the order in market.
Multipiler - xpercent more lots as closed order - example 20% more
MagicNr
Comment
In chart should shown if EA is activ - EA is activ if more than Xorder be in market.
Xpercent of Balance profit should show in chart - if xorders are in market and an order has reached the xpercent Profit of balance - this order will be closed an replaced - same entry, TP and SL. Only if Multipiler Lots is active, not same Lots will be placed - EA is placing Lots multipiled
How EA should work:
1. EA is inactiv till Xorders are in market - till that in chart is shown EA inactiv - after Xorders in Market in EA is shown activ.
2. If EA is activ, EA does wait till an order in Market does have Xpercent profit of Balance
3. EA does close the order in Profit and does this order replace as pending - same opening, same SL and same TP as closed order.
4. The pending order is good till there less than Xorders in same direction of pending are in the Market. If there are less orders in same direction of pending - Pending will be deleted and also the order will be deleted if order is in market.
Note EA does only delted the Pending order from EA. Not other pendings! And order from EA in pending status and also in market will be cancelled if orders in direction in market under xorders in same direction.