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Forex EA Concept document (two EAs). (Name: Float-Control
EA - there will be a Sell version and
a Buy version)
These two EAs are going to be used in conjunction with
another Hedging EA that I have. These two EAs have nothing to do with that EA,
however, they will monitor two things on that EA. 1) How many trades it has
opened, 2) The Take profit price that is set by the other EA. There will be 2
versions of this EA. One is only dealing with Opening and Closing BUY trades
and the other, which will be put on another chart of same pair will deal with
SELL trades – opening and closing them.
When this EA is dragged on a currency pair (forex), it will
only monitor this currency pair and the trades that are opened on this currency
pair. I may have several of this EA opened on several currency pairs. So on
each instance it should only keep track of that currency pair.
Detailed Explanation attached.
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