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This is a quick explanation!! more in the document I will provide! but the rules are extremely simple!
I was badly let down by a previous coder who just could not understand what I needed, so I will need you to GUARANTEE that you understand what I need!!! without question!
I place MANUAL buy stop and sell stop on either side of the price, I work with an indicator that places horizontal lines at certain distances that I input. I can give you this indicator, if you need.
Price goes up!! Buy stop gets activated, EA PLACES BUY STOP ABOVE ONLY (because there is already a sell stop below)
Price goes down!! Sell stop get activated EA PLACES SELL STOP BELOW ONLY (because there is already a buy stop above)
Lets JUST concentrate on BUYS, Sell is just the opposite.
BUY STOP GETS HIT (my manual one)– EA PLACES BUY STOP ABOVE!!!! NOTHING BELOW
NEXT BUY STOP gets hit (the one the EA placed)– EA PLACES BUY STOP ABOVE AND SELL STOP BELOW (on the current buy position that is active! )
THAT’S IT, THERE must ONLY be 1 or 2 things on one line at ANY TIME!!
If price is going UP, a BUY POSITION OR a BUY POSITION AND a SELL STOP,
if price is going down, a SELL POSITION OR a SELL POSITION AND a BUY STOP.
This carries on and on forever!!!
There are other inputs as well wich I need to insert into the EA.
Other functions needed please (INPUTS for EA)
- Lot size from 0.01
- Distance between Buy and sell orders in points
- Take profit In point
- Stop loss in points
- Stop to Breakeven in points. I often do not use stops but I still want ths function
NO LIMIT ORDERS EVER!!!
FIRST POSITION THAT I PLACE MANUALLY TO FUNCTION WITH THE SETTINGS I INPUT into the EA, This is CRITICAL!!
Thank you for your time, I would need this within 3 days if possible but it needs to be correct!!