You will be creating "Version" 2 of a current option in a EA for me
The "Option" in this EA is called "USE REVERSE TRADE" It reverses a trade that is was going to take from a BUY to SELL or SELL to BUY
Basiclly I need you to copy and use the exact same feature and timing that are in the original "USE REVERSE TRADE" but in version 2 which will be built by you I need the EA to
set the TAKE PROFIT feature to what was prevuisly the STOP LOSS PRICE And set the STOP LOSS feature to what was prevuisly the TAKE PROFIT PRICE
The ea already makes modification for spread and price, increase or decrease so that when it reverses, The the cash results should be the same, thats why I just need you in version 2 to change the features and let the EA do the rest
EXAMPLE EA is on basic mode and EA SELLS at 1.08380 STOP/LOSS is 1.08480 and TAKE/PROFIT is 1.07980
NOW EA is on "USE REVERSE TRADE" EA BUYS at 1.08404 STOP/LOSS is 1.08304 and TAKE/PROFIT is 1.08804
The Lower number the STOP/LOSS in this case should have be using the TAKE/PROFIT
In both these trades in the EA basic setting the ea is set to 40 PIPS Take profit at 1 Lot and 10 Pips Stop loss at 1 lot Again you should not need to worry about specify price or entry times as the EA should already make those adjustments on each trade
EXAMPLE using "Version 2" WHich you will Build
NOW EA is on "USE REVERSE TRADE VERSION 2" EA BUYS at 1.08404 STOP/LOSS is 1.08804 and TAKE/PROFIT is 1.08304
The specific Price and entry times I will work on in version 3 Right now I just let the ea make what ever price and time adjusments it wants as long as I get my Cash results so this would be $100 SL or TP or - + 400 SL or TP
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Looking for an EA which can produce less than 5% drawdown. Also profit factor above 1.5 (preferably 2.0) Please give me proper explanation how your EA works too Has anyone programmed it before? is it limited to forex only
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