Modify Existing Loss Tracking EA

MQL4 Experts

Termos de Referência

I need the attached EA modified.  The EA opens pending orders above and below the Mult_Factor3 (MF3) band of the attached ATR indicator when the MF3 band is touched.  The EA continues to open orders at those price level as trades are stopped out.  The EA tracks the losses and adds them to the TP until the TP is finally hit and covers the tracked losses plus profit equal to the number of pips multiplied by the standard average true range.  Hopefully you can see how the EA works from looking at the code.  

The modification I need is fairly simple.  Instead of only closing trades at the stop loss or TP, I want trades to close if price hits the MF3 band after price has previously hit a Mult_Factor1 (MF1) band.  When the trade closes at the MF3 band, the pending orders reset at this new level above and below the new MF3 band.  When the trade closes, any profits are subtracted from existing losses in the EA.  If there are still losses from the trade sequence, then the TP is adjusted to cover the remaining losses plus some profit.  The trades will continue to close at reset at MF3 bands (after touching MF1) band until ALL losses are recovered OR until the updated TP is finally hit.  Then it starts all over again looking for a MF3 price touch after a price touching MF1.  

Essentially this is a breakout EA.  It keeps trading the break out of the MF3 band level until the trend forms.  Then it closes and resets when a new MF3 band has been hit.  The touch of the MF1 band acts as a filter.

***When applying for this job, please confirm that you understand the logic of the EA and why you think you will be able to do the modification successfully.

Once this project is done, I will have a follow up project to track the losses in a separate csv file in case my VPS server restarts.   That way the loss tracking will not be lost.  I will have $80 budgeted for that part.  

Thanks!

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