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We need an Expert Advisor for MT4, that utilizes a
special breakout functionality described
below that executes the following:
·
EA
operates by pair
·
Opening
of positions by initial signal
·
Closing
of positions by stop loss.
·
Synchronizes
the stops of all open orders and trades
·
Time-out
feature on all pending orders
·
4-level
stop management system based on profit levels reached
·
Alerts
for:
o
Breakout
price activated
o
Opened
trades
o
All
4 profit levels set in stop management
o
One
initial target price reached, labeled (Primary Price Target)
o
Closed
Trades
·
Special Breakout Functionality:
o
Four
separate price level entry fields that are blank, requiring the trader to enter
prices
o
Set
status to Live or Hold
o
Select
lot size
o
Select
direction to long, short or both
o
Set
stop
o
Set
condition variables specified in the details section, (below)
o
When
conditions are met the EA places pending orders and initial stops.
We also need an
Indicator for MT4: The task – to
draw lines on the chart for “50”, “00”, and Mid-lines (12.5 pips beyond these
price levels in both directions).
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