Equity Close with trailing by sum of a list of Magic Number

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Thank you CHAN

İş Gereklilikleri

I would like to add some new function in the existing utility (or if you think write a new one is easier just go for it)

----------------------------------------------------------------------------------------

short form for easy communication


Magic Number = M#

Trailing Start = TS

Virtual Trailing Distance = VTD

----------------------------------------------------------------------------------------

To be simple, The existing utility allows user to TP/SL by the sum of a list of M#


For example, 

M# = 111;222

Global TP in $$ =10

Then for M# 111, floating gain $4, for M# 222, gain $6, total $10, then TP

———————————----------------------------------------------------------------------------------------

I would like to add the following


Global TP with TS and VTD

Very simple, 

if TS=10, VTD=3, then for sum of M#=111;222, TS when floating gain =10

——————————----------------------------------------------------------------------------------------


Global TP and Trailing per 0.01 Lots

This allows the trailing start and distance vary in different lots sizes



For example,

M# in control = 111;222

Global TS in $$ per 0.01 = 10 , VTD =3

GBPUSD (M#=111)

Long 0.02

EURUSD (M#=222)

short 0.03


in this situation, Total lots = 0.05

TS in reality =50

VTD = 15


Condition - If VTD=0 -> Not in USE, TP immediately when the floating gain hits TS

-------------------------------------------- Dynamic SL--------------------------------------------


one thing extra, can you do it? 

Dynamic Stop Loss by equity top return. 

Dynamic SL Start  =300

Dynamic SL Top Return =100

# of Top Return =2

Ultimate SL =500


This means, for those M# in control, in some points the floating loss is 320, and return to 220(count+1), then hits 350 again, and return to 250(count+1=2), then hits 300 again, at this points stop loss


(Another way to understand this —Like Trailing Stop Loss Start=300, Trailing SL Distance=100, but not SL immediately, just counter+1


In anytime the floating loss hits 500, SL immediately without considering Top Return


Therefore, there are only two results for this function - SL300 or SL500





----------------------------------------------------------Requirement ---------------------------------------------------------

Additional Requirements

  1. Please do testing before delivery
  2. follow up service if there is bug found


--------------------------------------------This is the question you need to let me know--------------------------------------------

Pls state:

Do you understand what I exactly mean, if not, please ask me for clarify!!

Delivery time

Do you understand one thing extra - dynamic SL and can you do this?

What is your quote with or without Dynamic SL 

--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

I will attach the original project specification, parameters, and mql4, 

you may take a look


-------------------------------------------- This is the project specification of the original project --------------------------------------------



I want to do a utility. It is just for closing existing orders (open positions and pending orders both included)


— Close by Time —

Function = ON/OFF

Magic Number = 1,2,3,4,5


(Input -1 for all magic, Input 1,2,3,4,5 for magic only 1,2,3,4,5)


Hour = 16

Minute = 50

—> Close all orders/positions for magic 1,2,3,4,5 at 16:50:00 in broker time


Example 2

Function ON

Magic =1,2,3,4,5

Hour = 0

Minute = 50

—> Close all orders/positions for magic 1,2,3,4,5 at every XX:50 in broker time. It means: close all at 15:50, close all at 16:50, close all at 17:50…. Goes on


— Close by Profit —

Function ON/OFF

Magic Number = -1

Dollars = 5

—> Total floating profit in that magic number (in the case, all magic numbers) > $5 —> close all orders with that magic numbers  (in the case, all magic numbers) 


Example 2

Magic Number = 1,2,3,4,5

Dollars = 10

—> TP when profit > 10, applies for those magic numbers, i.e. the final result is TP $10 for the sum of magic #1,2,3,4,5


— Close by Loss —

Function ON/OFF

Magic Number = 1,2,3,4,5

Dollars = 5


---------------------------------------------------------------------------- End ---------------------------------------------------------------------------- 



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