I need an expert adviser program for meta trader 4.
The EA is based on correlated currency pairs. Such as EUR/USD-USD/CHF, or EUR/USD-GBP/USD.
I need the EA monitor the trade that I manually placed. Let's say a long trade in EUR/USD. If the trade went against my initial trade by 20 PIPS, then the EA places a long order automatically in USD/CHF.
So the idea is, the EA hedges my bad trade automatically, but in another currency pair of my choosing. Since EUR/USD and USD/CHF are almost mirror of each other. When one is negatively trending the other one tends to trend positively. I also get to choose the lot size.
The total floating profit and loss between the two trades always tends to go positive in my experience after a while. The EA then monitors the total profit and loss of both trades and closes them at 10 PIPS profit.
The EA should only close the two trades assigned to it. It should not close the rest of my trades.
I am still at the experimenting phase hence the low budget. I am planning to add some new features to the robot if it actually works for some extra payment.
Thanks
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