I have a finished EA, working fine, but needs some more added features.
1. Total No: of Buy Trades allowed . Total no: of Sell trades allowed.
2. Minimum Distance between 2 Buy trades . Minimum Distance between 2 Sell trades.
3. When trades are stopped out, New trades are placed immediately. This has to be changed to a 25 pip (external parameter changeable ) STop order. Hence if Buy Order got stopped out at 92.75- New Buy should be placed at [url removed, login to view] . However if the price goes down to [url removed, login to view], New buy order placed at 92.85. Chart display should point out the next But Stop or Sell stop order. This can be done internally or a Stop order already placed in platform and modified every 3-5 pips.
4. The first loss order should be closed with profit ( 10 pips- (changeable) of second or further orders of same nature of same pair. Example we have a Sell order of USD/JPY at a loss of 50 pips. We have also have a new Sell order of USD/JPY which now has a profit of 60 pips. Hence we close both sell orders, at a total profit of 10 pips, and new Sell placed as per the rule above.
5. Trade timing. Open hour -0 - Close hour : 24. ( only new orders are not opened ). Ea continues to set SL and manages trades.
Please note that I have written the above in accordance with my EA, hence I can explain in deatils if something seems vague.