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Hi everyone!!!
I am beginner in MT4 and we tested the demo an interesting method and please help me make a EA.
My method is the tunnel and make trade orders in a tunnel by “n” pips (variable).
The rules are:
+BUY+
level1:buy say 0.1 lot TP and SL
level2: sel 0.2 lot buy price –pips and reverse TP, SL
level3: buy 0.4lot at price first buy and TP, SL idem
level4: sel 0.8 lot at price sell and TP, SL idem
……etc.
or other method……………………………
---level1:buy say 0.1 lot TP, SL and make pending order (sel 0.2 lot buy price –pips nd reverse TP, SL)
--- when take the next sel 0.2 lot , make pending order (buy 0.4 lot at price forst buy and TP, SL idem)
---when take the next buy, make pending order (sel 0.8 lot at price forst sell and TP, SL idem)
…..etc……… up to MaxTrades
The method does not lose all your money if you fail because freemargin not allow more trade or was reached to MaxTrade.
Similar for +SELL+
some variable to the EA:
TakeProfit=; // Profit Goal for the latest order opened
StopLoss=; // StopLoss
TrailingStop=; // Pips to trail the StopLoss
MaxTrades=; // Maximum number of orders to open
Pips=; // Distance in Pips from one order to another
MagicNumber=222777; // Magic number for the orders placed
Money Management";
Lots=0.1; // We start with this lots number
Multiplier1=1.5;
Multiplier2=2;
AccountisNormal=0; // Zero if account is not mini/micro
SecureProfit=10; // If profit made is bigger than SecureProfit we close the orders
AccountProtection=1; // If one the account protection will be enabled, 0 is disabled
OrderstoProtect=3;
(some variables similar TERMINATOR v2.0 EA )
Entry rouls: manual or time filter or anader ruls
Exit: price go to reach TP or SecureProfit
I apologize for my bad English.
Thank you