The
new EA work based on Parabolic Sar Jumping.
Work rule
The EA will open a sell trade if the Parabolic Sar jump over the
price.
The EA should place a buy trade if the parabolic Sar jump below
the price.
Features
1.
1.The EA will close any existing open buy position if the
Parabolic sar jump over the price then open a new sell order with multiple lot
size. For example if the last closed position on loss was with 1 lot on buy,
then EA will open a new sell position with lot size of 2 for example.
2.
Optional: If
the open trade closed at loss the Ea should open the new order by calculating
how many last pips x last lot size. (Example: if the last lost order was on 1
lot and lost pips is 20, then the EA will open the new order by 1x20= 20 lots
for the new order). This will happen only if the last order closed at lost.
The above instruction will be applied to both buy and sell orders.
2. Take Profit
The EA will close orders if the price hit tp.
3. Adjustable Tp
If the starting tp is 50 pips and the current closed position
lost for example 70 pips then the EA should open a new position with additional
50% increase or decrease of of the last closed lost pips.
Options
The user should be able to adjust the select the:
· Starting TP
· TP Increase or Decrease %
· Starting Lot size
· Multiplying Lot size
Trailing Stop.
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