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Semi-Auto Martingale Required
Programmers are quoting me too much for what I reckon is an easy to develop EA. I know that somebody on this forum can help.
I would like a Semi Auto EA created. The EA required is based on range and martingale. OK, Once the EA is attached to a chart i would like the ea to wait for a position to be opened. Once a position is opened i require the EA to place a SL plus a pending order opposit the current trade with double lots (Martingale) together with TP and also SL. If stoploss is hit again then repeat the above until TP is hit. All stoploss would have to have a pending order with double lots of previous position. SL and TP to be chosen at parameter. Once TP is achieved then delete pending order. No TP on first manual opened position. I also would like the EA to work independently for each position manually opened (magic Number perhaps).
I have traded like this manually with good result but very time consuming. I manually open a position based on open range (could use any trend following system but making sure your not within any type of pattern formation). If your trade goes well then thats good but if your trade goes bad then let the EA handle it.
It's another way of trade management.
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