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Specifiche
I need an EA that will do for me the following trading plan.
An option to start with a BUY or with a SELL with a SL of 10pips and TP of 10 pips with 0.01 lot size ( TP , SL and lot size should be customizeable means user can change according to need)
if buy trade open then there should be a pending order of sellstop with double lot size at the Stoploss of buy order
if sell order opens then there should be Pending order of buystop with double lot size at the stoploss level of Sell order
there should always be 2 trades One active and one pending
IF take profit of buy trade hit then
new buy trade will open immidietly and pending order of sell stop placed earlier will be removed and new pending order of sell stop with double lot size with TP and SL of 10 pips will be placed at the Stoploss of new buy trade and so further every time the TP is filled a new BUY order should open and new pending order of Sellstop will pe placed and pending order palced earlier will be removed
IF take profit of sell trade hit then
new Sell trade will open immidietly and pending order of Buy stop placed earlier will be removed and new pending order of Buystop with double lot size with TP and SL of 10 pips will be placed at the Stoploss of new sell trade and so further every time the TP is filled a new Sell order should open and new pending order of Buystop will be placed and pending order palced earlier will be remove
IF stop loss of Buy trade hit then
we have already placed a pending order of Sell Stop with double lot size at the Stop loss of Buy trade so that pending order will be be actived and new pending order of Buystop with Double lot will be placed at the stop loss of active sell order. it will be continue in above manner untill take profit will hit.then the next trade will start again with the original lot size only. TP and SL of All pending orders will be 10 pips
IF stop loss of Sell trade hit then
we have already placed a pending order of Buy Stop with double lot size at the Stop loss of Sell trade so that pending order will be be actived and new pending order of Sellstop with Double lot will be placed at the stop loss of active Buy order. it will be continue in above manner untill take profit will hit. then next trade will start again with original lot size only.TP and SL of All pending orders will be 10 pips
And so my EA will need the following components:
The original Lot size to begin with.
An option to start with a BUY or with a SELL trade
STOP LOSS and a PROFIT Target in pips for every trade.
Lot Size,Take profit and Stoploss should be changeable according to need at start.
A limit of how many times the EA should place pending order with double lot size if SL of trade hit and after that limit the next trade the EA should go back to it's original size.
whatever can be open and flexible for me to change around should be so.