Expert Advisor based on Hedging (Buy/Sell Stop) - Long term for development

MQL4 전문가 Forex

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open 0.01 buy with stop loss 5pips and take profit 10pips , and at the stop loss for the buy trade, we place sell stop 0.02 with a take profit of 10 pips and a stop loss of 5 pips, this goes on, at the stop loss for the sell stop we place a buy stop of 0.04 with stop loss of 5 pips and take profit of 10 pips,  at the stop loss of the buy trade we place sell stop 0.08 with take profit 10 pips and stop loss 5 pips, at the stop loss for the sell trade we place buy stop of 0.16 with stop loss of 5 pips and take profit 10 pips.

lot size is like this

0.01 buy

0.02 sell hedge

0.04 buy hedge

0.08 sell hedge

0.16 buy hedge

0.32 sell hedge

0.64 buy hedge

1.28 sell hedge

2.56 buy hedge

5.12 sell hedge

10.24 buy hedge

20.48 sell hedge

and if first trade of 0.01 buy hit take profit of 10 pips bot should close the sell stop immediately automatically. 

or if the hedge of 0.02 sell hit take profit bot should close the  buy stop of 0.04 immediately automatically. 

this goes on. bot should close any pending order after we hit our take profit.

after bot close pending order, it should open another trade of 0.01 buy with take profit of 10 pips with sl 5 pips and a sell stop 0.02 as hedge at the stop loss for the buy trade.


this goes on forever.



BOT TIME TO TRADE 7: 00 AM GMT TO 3 : 00  PM GMT after take profit at 3;00pm gmt bot should not trade anymore

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