New EA

Its a pending order EA which will work on expected market volatility . please be sure you can clearly understand the process.

Group of pending buy stops and sell stops will be placed at both ends at the start of each candle at some distance. If the current candle can not reach any order the orders will be moved to next candle according to its open price. Order placement distance from candle open will be defined in settings.

There will be settings to define number of orders and order step and this will be applicable to both type of orders.

Main Function :

 suppose candle opens at 1.33500 ,,group of buy stops placed 100 pips above at 1.33600 this is the point where first buy stop is placed and sell stops placed at 1.33400

 now when market goes up and opens first buy stop ,,right then the group of pending sells will be moved up and it will start to follow the market at given distance. follow distance will be defined in the settings.

if the follow distance is 50 

first buy stop opened at 1.33600 > sell stops will be moved  up to 1.33550 (50 pips below from current market )

and they will continue to follow market with every pip..they will stop when market drops back and opens first sell.

same will happen in sell stops. when ever the first order is opened at one side other group will be moved and will start to follow.

Profit Target Function :

When equity reaches the given amount of profit the EA will close all active and pending orders and will start over again from next candle.. if profit target is 60 and starting equity is 1000 so when equity reaches 1060 its the profit target hit.

other functions,,

trail stop with trail trigger and trail pips

break even with trigger and break pis.

tp and sl. 

kindly let me know of any question..