Grid trading system that starts at a specified time ie GMT 1:00 am and stops when a profit of a specified number of pips is made

MQL4 Experts

Job finished

Execution time 21 hours
Feedback from employee
Excellent customer. Clear description of his needs. He gave me my first job on this site. Thank you Raymond.
Feedback from customer
EA completed as requested and very quickly

Specification


The EA grid trader will be running and will only start its first trade at a specified time 

At say at 2:00 GMT the grid a buy and a sell will open it will also open up 1  buy and 1 sell at a specified distance from the opening price above and below 

The second and all other buy and sells will will be at another specified distance

In the attached file a grid starts at 2:00 gmt  The first grid is 10 pips and then the  grid steps up to 50 pips and continues at 50 pip distance

 So I need a EA 

1    Will start at a specified time 

2    Will have an initial grid size

3     The 2nd grid will have a specified grid size and continue at that grid size 

4    The EA willl stop and take profit  when the grid is in profit by a specified amount  ie 10 pips

I just want to clarify the job as an example 

1 Open up a buy and a sell at 2:00 

2 When 10 pips have been achieved close the buy trade and open up a buy and sell at that level

3 You will have one buy trades and two sell trades 

4 If the price goes back to starting price then the EA will close all trades with a profit of 10 pips 

2nd example

Open buy and sell trade at a specified time 

Price goes up to first grid level  closes buy trade and opens up a buy and sell trade at first grid level 

Say the next grid level is 100 Price goes up to 100 and the second buy is cashed in and another buy and sell are placed  

We now have 100 and 10 profit =110 pips

And 1 buy and 2 sells open 

The price retraces by 20 pips  we close all trades as the buy and sell  100 grid level will cancel out  

And the original sell will be minus 90 pips so with all the trades closed at that point you will  be looking at a profit of  20 pips ie 110 pips minus 90  


  a certain 






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Project information

Budget
40+ USD
For the developer
36 USD