scalpmaster Posted August 21, 2010 Report Share Posted August 21, 2010 I was wondering if anyone could create this simple trade management EA... I'll manually open the first order for any chosen pair. If the trade goes against me: The EA will have the option of letting user input an initial stop loss for original lot at X pips away OR Average down [N X previous] lot size at every distance [R x Dprevious] pips further,,, up to M times where N is the factor to set lower or increase or equal=1 lot sizes and D=user input value & Dprevious is calculated based on last D interval space in pips, R is the factor to increase or decrease or set equal=1 previous interval spacing... When the trade is positive (from total lots average level or just the original lot size entry): As soon as I reach a profit of Y pips, the EA will close/take profit of HALF the total lots I have(rounded), move the stop for the rest of the lots to Breakeven, and once i have another Z pips of profit (from Y pips), stop will move again to lock K pips... and jump stop will continue to lock K pips if price continues to move another Z pips further in profit... There are a few generic Large MM EAs but with too many uncertain parameters settings and none can do exactly what is stated above... Appreciate any help from coders...Thanks. Quote Link to comment Share on other sites More sharing options...
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