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I am looking at making an EA that opens orders at specified time. I believe it will be a relatively simple EA knowing your coding ability. It is sort of grid trading.

I need 7 inputs in the EA:

1. Time
2. Increments
3. Buffer
4. TP
5. SL
6. Number of orders
7. Pairs (I trade 4 pairs exclusively but sometimes less. I need to be able to specify which pair)

At specified 'time', open buy and sell stops using the open price at the specified time.

Formulaes for BUY stop orders are:

Open price (at specified time) + (Increment*trade number) + Buffer = (Buy stop price)

SL: (Buy stop price from above) - SL

TP: (Buy stop price from above) + TP

Formulaes for SELL stop orders are little different:

Open price (at specified time) - (Increment*trade number) = (Sell stop price)

SL: (Sell stop price from above) + SL + Buffer

TP: (Sell stop price from above) - TP - Buffer

Lastly, I need all pending orders from previous day closed at (specified) time before the day's orders are placed.

EXAMPLE:

So, If I put in
1. 05:00
2. 50 (pips)
3. 10 (pips)
4. 100 (pips)
5. 100 (pips)
6. 5 (orders)
7. Eurusd, Gbpusd

Then at 05:00 server time for Eurusd and Gbpusd, 5 buy/sell stop orders are placed but with the formula I gave you.

If price for Eurusd at 05:00 was 1.55500 then:

First buy stop order would be:
1.55500 + (50*1) + (10) = 1.56100

Second buy stop order would be:
1.55500 + (50*2) + (10) = 1.56600

Third buy stop order would be:
1.55500 + (50*3) + (10) = 1.57100

and so on...

Can you see the pattern?

Now, SL for above orders

First buy stop order SL would be:
1.56100 - (100) = 1.55100

Second buy stop order SL would be:
1.56600 - (100) = 1.55600

Third buy stop order SL would be:
1.57100 - (100) = 1.56100

Can you see the pattern? Very simple

NOW, TP for above orders

First buy stop order TP would be:
1.56100 + (100) = 1.57100

Second buy stop order TP would be:
1.56600 + (100) = 1.57600

Third buy stop order TP would be:
1.57100 + (100) = 1.58100

I am sure you see the pattern and what I am trying to do.

Sell stop formulas are little bit different but just follow the formula.

Here is the formula again:

Formulaes for BUY stop orders are:

Open price (at specified time) + (Increment*trade number) + Buffer = (Buy stop price)

SL: (Buy stop price from above) - SL

TP: (Buy stop price from above) + TP

Formulaes for SELL stop orders are little different:

Open price (at specified time) - (Increment*trade number) = (Sell stop price)

SL: (Sell stop price from above) + SL + Buffer

TP: (Sell stop price from above) - TP - Buffer


Yes I need 'Pairs" input because I don't want to open multiple MT4. I trade eurusd and gbpusd 90% of time. But I would like the function to choose the pairs of possible.

Also, please don't forget, any PENDING orders made previous day must be deleted at TIME FIRST then new order for the day goes in. So everyday new orders at TIME.

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