The purpose of this EA is to monitor a basket of closed, open and pending trades (created by another EA running on 12 different pairs). When a predetermined profit or loss level relative to initial balance is reached (based on closed trades AND open trades, from the initiation of the EA), all open and pending trades created by the other EA are closed/deleted and auto trading is terminated. The EA should have a predetermined START and STOP time.
So for example, the EA is set to initiate at 00:00. Balance is £1,320. It monitors profit and loss relative to balance at 00:00 (£1,320). The combined balance and/or floating equity reaches a determined level (for example, £100 profit comprising £60 of closed trades (opened and closed since 00:00) and £40 floating profit on currently-open trades). On reaching this target, all open/pending trades are closed and auto trading is shut off (could be using the ChartClose function) preventing any further trading.
The EA will maintain a logging function, writing existing profit and loss (balance, floating equity and position relative to starting balance) to a csv file at timed intervals relevant to the TF of the chart on which it is placed (e.g. 5 mins).
The trader should have the ability to set profit AND/OR loss level based on absolute currency change relative to initial balance, or as a % of initial balance.
The trader should have the ability to set the Start and/or Stop time for the EA to operate.
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