Stop Out

I've attached the main word document explaining the EA and an excel with the panels and buttons necessary for EA.  Please read all the comments added to many cells on the excel file for clarity.

I already have a previous version of EA which doesn't keep stop out location constant 

Strategy Outline:

EA will trade using Martingale or grid techniques.  Trades will occur as series.  User indicates on panel whether EA will buy or sell.  An opening trade is made in a series.  For this example we will use buy as the trading mode.  After EA buys if initial trade becomes unprofitable, EA will open more trades of the same currency pair in the same direction at different points determined on the control panel.  These points will be referred to as BM (buy more) lines.  If trade becomes profitable, once profit is secured as value reaches the point where with trailing enabled trade can’t make a loss anymore, a second series is open and then a third and a fourth as each series secures its profit.  Series that secured profit (we will call these profitable series) before crossing a BM line will only ever have one trade as each new trade open is a new series.  Series can be open simultaneously and only the last series opened won’t have its profit secured (we will call these unprofitable series).  This last series is initially unprofitable but can eventually become profitable.  There will always only be one unprofitable series open as well as any amount of profitable ones.  Profitable series are ones which TP line + trailing distance is passed.  Unprofitable series are ones where TP line + trailing distance hasn’t been passed. 

*This paragraph is the same as the first one on Word document