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hello,
I want you to modify my existing EA, the ea use simple hedge strategy an is semi grid ea. I want to modify the hedge to take same order and not opposite order, simple strategy as follows:
BUY ORDER:
When EA take first lot 0.01 or 0.1 buy order, when condition is met and market move against it by 40pips, TP should move to BREAK EVEN, at 60pips EA should open another Buy order lot 0.015 or 0.15 and TP should move to 15pip below the first Buy order, at 120 pips EA open another BUY order and TP move by +15 = 30pips. if the market move in direction of the open order and meet the target TP all three orders will close.
SELL ORDER:
When EA take first lot 0.01 or 0.1 Sell order, when condition is met and market move against it by 40pips, TP should move to BREAK EVEN, at 60pips EA should open another Sell order lot 0.15 and TP should move to 15pip below the first Sell order, at 120 pips EA open another Sell order and TP move by +15 = 30pips. if the market move in direction of the open order and meet the target TP all three orders will close.
This approach should apply to individual open position. cheers
Note:
EA should manage the orders by using percentage % profit and % loss. example above, if EA open up to three orders due to market moving against the initial position, if market begin to retrace to the direction of the EA, EA should be able to determine percentage of profit > % loss in order to close all three orders at once, even if it does not met the required moving TP a specified above, to prevent long time of orders floating in market. If EA notice profit is > than Loss in process of retracement EA should force close the orders. if you understand this strategy contact me. cheers