Hi,
I want to order an EA that will be based on percentage change of currency pair prices. The preset percentage changes are 0.15%, 0.25%, 0.375%, 0.50%, 0.75%,....after that it will be multiplication of 0.25%.
Example:
Let say % changes of EUR/USD at one particular time is +0.15%, the EA will automatically execute BUY 10% from the remaining deposit EUR/USD at current price and the STOP LOSS would be 25pips.
If after some time the % change reached =>+0.25% (gained 10pips), the EA will close the current position and execute BUY 10% from the remaining deposit EUR/USD at current price and the STOP LOSS would be 25pips.
If the next % change reached the preset percentage changes i.e. +0.375% then the same process will continue...
The EA will ONLY execute SELL position once the % change turned to -0.15%.
BUT
IF the first position not following the desired direction ie. -0.15%, then the first position that would be executed by the EA is SELL 10% from the remaining deposit EUR/USD at current price and the STOP LOSS would be 25pips
The EA must be able to execute over multiple currency pairs and ECN account. Fyi, I trade directly on MT5 platform and not using broker platform.
I hope to hear from all of u soon...
Thank you.
Rahza
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