Expert advisor for London Session Open

MQL4 Experts

Termos de Referência

There should be 6 pending orders(3 Buy Stops and 3 Sell Stops) at the start of the London session after candle closure. Orders should be 15 pips above/below candle close.
The scenario below is for a winning trade:
1. When buy stop is executed, the sell stop is deleted and vice versa.
2. The 1st pending order should be 5% of account balance and the other two orders should be 2.5% each of the account balance.
3. TP of 1st pending order should be 30 pips and SL also 30 pips.
4. Second pending order should be executed when the first pending order is 10 pips in profit. SL 50 pips.
5. Third pending order should be executed when the second pending is 20 in profit. SL 50 pips.
6. Breakeven of first and second trades when the third pending order activates and also, automatic half lot size close for the first pending order.
7. When 30 pips reached, all three trades break-even and trailing stop activates 15 pips. (Please advise on this)


The scenario below is for a losing trade:
1. E.g: If a Sell Stop/Buy stop is activated and price goes against direction, two additional orders (Buy Stops/Sell Stops) are executed with TP 30 pips and SL 50 pips.
2. For e.g, if its a sell trade, when the buy stop is automatically deleted, two additional buy stops are executed with entry 10 pips above the entry point and the second one 20 pips above. TP for both will be 30 pips and SL 50 pips. The same applies for a buy trade.
Both buy stops should represent 2.5 % of account balance each.

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