Spécifications
I want a Forex hedging robot. The robot should be able to be customized, if I want to I must be able to change profit targets, stop losses and also lot sizes at any given time. Entry rules: if the candle stick is bullish, the robot should take one position example 0.02 lot size BUY using (market execution) on EURUSD and at the same time the robot should place a pending order which is a SELL STOP 5 or 10 pips below the first position with 0.04 lot size, doubling lot size. Let's say the first trade is on EURUSD BUY based on a candle stick which is a bullish using 0.02 lot size example at the price of 1.00354, take profit should be at 100 points, calculations 1.00354(entry price) + 100(pips) which is at 1.000454 and stop loss will be ENTRY PRICE minus 160 pips, calculations 1.00354(entry price) - 160 (pips) and stop loss will be at 1.00194 AND at the same time the robot should place a pending order which is SELL STOP 50 points below the entry of the first trade. Calculations 1.00354(entry) minus 50 points and the SELL STOP ORDER will be at 1.00304, its profit targets 100 points below, calculations 1.00304 (entry price) - 100 points and the TP will be at 1.00204, the stop loss will be placed 160 points above the entry price, calculations 1.00304 + 160 points and stop loss will be at 1.00464, scenario number 1. If the market hits the TP of the first order without opening the second order then the robot should close the second order automatically! And the robot should open another order based on the candle stick and pending order again! Scenario number 2. If the second order is opened then the robot should open another order, BUY STOP ORDER at the same level as the first order with the same TP and SL but different lot size, the lot size of the third order should be two times the second order which is 0.08 lot! And if no SL or TP hit, the third trade will be triggered and the robot should open another forth order which is SELL STOP ORDER, same prices like the second trade but different lot size, the lot size should be twice than the third trade and the robot should keep on doing that until take profits and stop losses are hit at the same time. This robot I want it to be working only on currency pairs but if I want it to be focusing on only one currency pair because of spread I must be able to set it. I must be able to give a break time to a robot to stop trading if there's a Forex News which is going to be announced. The robot should not take a trade when the spread is more than 160 pints (1.6 pips) or more. The robot should not start with its first trade starting at 10 pm up until 00:59 midnight. I will make a video explaining everything and I will also put other rules! Time frame 1m or 5 m or 15m max. Whatsapp me +264814205563
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