EA baised on indicator

Attached indicator (SEMA) used to open order.  Use Level 2 alert only. While order is open, indicator not used to trigger anything. Upon Level2  HIGH alert, place SELL order. Visa Versa for LOW alert. Original order Stop Loss or Stop Out & Take Profit parameters  to control trade. When the stop loss or take profit or stop out of original order is reached, all open and pending orders to be closed. Lots for all orders will be the same.

If BUY order – ( Opposite orders for SELL order)

Use lots, take profit, stop loss provided from EA input.

Place 2 pending SELL STOP orders.  Take profit not needed. Initial stop loss and placement provided from EA input.

Trailing Stop for pending orders to start after (X) pips of profit provided from EA input.

If pending order is opened and then stopped out, a new pending order to be placed that duplicates the pending order, relative to the price at stop out. To be repeated whenever stop out of pending order occurs.

EA Input – to include

Magic number

Lots

Opening order Stop Loss (X pips)

Opening order Take Profit (X pips)

Pending order 1 placement (in pips – distance from opening order)

Pending order 2 placement (in pips – distance from opening order)

Pending order initial Stop Loss (X pips)

Start Trailing (At X pips of profit for pending order) Also, start trailing of Opening Order after same X pips of profit.

Trailing pips (X pips)