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I am looking for someone to create a EA. At the start of the EA, a buy and sell trade opens. Take profit is set at 5 pips. For example, if price
moves up, after 5 pips it reaches TP a new buy opens. If price moves down by 5 pips, another buy opens and the TP is adjusted. Meanwhile, as price
moves up, the Sell order opens trades a set intervals, with increased lotsizes and determined TP level. Once the price comes down to the TP
level of the selland reach it, all the sell trades close. Once all is closed, there will be a new sell trade again.
There are no indicators that I use. Purely money management. I hope the attached files make a bit more sense.
As price moved against a initial sell or buy trade, the following sequence will be used.
Account Balance
9000 Lotsize
0 Trade open
0.04 TP
at 10 pips
5 Pips 2nd
trade open
0.04 TP move
to 12 pips
5 Pips from 2
ndtrade 3
rdTrade open 0.04
TP move to 13 pips
5 Pips from 3
rdtrade 4
thTrade open 0.04
TP move to 15 pips
5 Pips from 4
thtrade 5
thtrade Open 0.20
TP move to 15 pips 1.25
30Pips from 5
thtrade 6
thtrade open 0.18
TP move to 45 Pips 0.9
50 Pips from 6
thtrade 7
thtrade open 0.63
TP move to 55 pips 3.5
50 Pips from 7
thtrade, 8
thTrade open
1.08 TP move to 65 pips
1.71
50 Pips from 8
thtrade, 9
thtrade open 1.96
TP move to 70 pips 1.82
I would like to be able to set the pip values of each level and the lotsizes and TP levels.
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