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Hi,
I want you to add a special stop function to my existing EA. It is working but I need to add the below stated special stop loss function to make it better.
Existing EA opens orders, hedging orders, closes normal orders with profit and closes all of the loosing and winning orders(including hedging orders if the sum of total orders for a currency pair is positive) now.
There will be normal opened orders(Existing EA does this) If this order looses it opens hedging order(Existing order does this too.) If hedging order looses, it opens another hedging order too (Existing order does this too). This continues until the lot size limitation. For example for 1 buy order, EA can open 5 hedging sell orders and 4 hedging buy orders(For other loosing hedging orders) or more. These 10 orders should be treated as a one checking point. For another 1 buy order, EA can open 1 sell order and 2 buy orders too. These 4 orders should be treated as another checking point too. If EA opened a normal order for example no.82, the hedging order description numbers should be 82.1, 82.2, 82.3 etc. if stop loss of 82.1 (Hedging order) happens, then EA should check all sum the orders descriptions starting with the no. 82 and if the total of 82+82.1+82.2+82.3+...= greater than defined profit number, EA should close all of the orders. At a one point the total of the orders will reach to the defined profit amount because all of the hedging orders are to be with lot size increment.
On below defined special stop loss function, EA should check if the sum of the closing orders is profitable or not. The rule is to be that the sum of the closing orders should be profitable.
Let me explain this special stop loss function with 2 examples:
STOP LOSS:5 PİPS (THROUGH THE OPPOSITE DIRECTION MOVEMENT)
HEDGING ORDER OPENING CONDITION:3 PIPS (THROUGH THE OPPOSITE DIRECTION MOVEMENT) (EA opens hedging orders and normal orders but it is not using below stated special stop loss function now)
Hedging lot size increment:0.5 pips (EA does this)
Normal order lot size increment: 0.1 pips (EA does this)
Example-1
1.00100 OPEN SELL ORDER(1) (sstop loss: 1.00150) (Hedging buy order: 1.00130)
1.00130 OPEN BUY HEDGING ORDER(1.1) (sstop loss: 1.00080) (Hedging sell order: 1.00100)
1.00150 CLOSE SELL ORDER(1)+ CLOSE HEDGING BUY ORDER(1.1) if buy order(1.1)+sell order(1) sum is greater than predefined profit, Else wait
1.00159 CLOSE SELL ORDER(1)+ CLOSE HEDGING BUY ORDER(1.1) if the sum of these orders reach to predefined profit or more, EA should close the orders, else it should wait.
Predefined profit should be defined from input menu as percentage of the balance. For example if it is 0.01% of a 10.000 USD balance, then the EA should look at to a 1 USD profit.
Example-2
1.00100 OPEN SELL ORDER(1) (sstop loss: 1.00150) (Hedging buy order: 1.00130)
1.00130 OPEN BUY HEDGING ORDER(1.1) (sstop loss: 1.00080) (Hedging sell order: 1.00100)
1.00100 OPEN SELL HEDGING ORDER(1.2) (sstop loss: 1.00150) (Hedging buy order: 1.00130)
1.00090 OPEN SELL NORMAL ORDER(2) (sstop loss: 1.00140) (Hedging buy order: 1.00120)(This order is not belong to other orders)
1.00080 CLOSE BUY HEDGING ORDER(1.1)+ CLOSE SELL ORDER(1)+CLOSE HEDGING SELL ORDER(1.2)= greater than predefined profit, it should close the orders, else it should wait. (For example it is not a positive value and waits)
1.00100 EA (WILL NOT OPEN ANOTHER HEDGING ORDER)
1.00120 OPEN BUY HEDGING ORDER(2.1) (sstop loss: 1.00070) (Hedging sell order: 1.00090)
1.00130 OPEN BUY HEDGING ORDER(1.3) (sstop loss: 1.00080) (Hedging sell order: 1.00100)
1.00150 CLOSE BUY HEDGING ORDER(1.2)+ CLOSE SELL ORDER(1)+CLOSE HEDGING SELL ORDER(1.1)+CLOSE BUY HEDGING ORDER(1.3)= greater than predefined profit it should close the orders, else it should wait. (Normal Sell Order(2) and hedge order(2.1) will not be closed at this stage.)
If you're interested in with my project I may send you my EA. But I may only want to work with a developer who is not busy right now (I may wait for a few days if you'll be available soon) and full time good experienced, smart and fast developer.