Results 1 to 2 of 2
 1 Attachment(s)    

Thread: PENDING ORDER WITH MARTINGALE SETTING EA

  1. #1
    Junior Member
    Join Date
    Mar 2016
    Location
    MY
    Posts
    2

    Default PENDING ORDER WITH MARTINGALE SETTING EA

    Hi All,

    Need assistance to create some simple EA based on BREAKOUT MARTINGALE but I believe it will be profitable. Kindly refer below for trading plan on how EA will works:


    TRADING PLAN:
    1. Set pending order BUY STOP & SELL STOP with distance 15 pips (adjustable) from current price TP & SL set 15 pips (adjustable).
    2. After trigger the pending order, for example: trigger BUY STOP, immediately SELL STOP close and set new pending order SELL STOP 15 pips from entry BUY (adjustable) with multiples lots (martingale).
    3. If market keep raising, it will hit TP for BUY and in the same time close pending order SELL STOP.
    4. If market reverse to down, it will hit SL BUY and trigger SELL STOP in the same time set new pending order BUY STOP.
    5. Entry will only close after hit TP or MC .
    6. Repeat again no 1.

    INPUT TABLE:
    1. LOTS
    2. PIPS STEP
    3. TP
    4. SL
    5. LOT MULTIPLES
    6. REPEAT CYCLE (TRUE/FALSE)
    7. MM (TRUE/FALSE)
    8. RISK (0.01 > 100.00%)
    9. MAX TRADE
    10.START HOURS
    11.END HOURS

    PENDING ORDER WITH MARTINGALE SETTING EA-image_177214-png

    Hope some one can make this EA real. I thanking you in advance ..


    *sorry for my bad english, im still learning
    Last edited by Faizal88; 04-25-2016 at 11:02.

  2. #2
    Junior Member
    Join Date
    Oct 2016
    Posts
    3

    Default

    Quote Originally Posted by Faizal88 View Post
    Hi All,

    Need assistance to create some simple EA based on BREAKOUT MARTINGALE but I believe it will be profitable. Kindly refer below for trading plan on how EA will works:


    TRADING PLAN:
    1. Set pending order BUY STOP & SELL STOP with distance 15 pips (adjustable) from current price TP & SL set 15 pips (adjustable).
    2. After trigger the pending order, for example: trigger BUY STOP, immediately SELL STOP close and set new pending order SELL STOP 15 pips from entry BUY (adjustable) with multiples lots (martingale).
    3. If market keep raising, it will hit TP for BUY and in the same time close pending order SELL STOP.
    4. If market reverse to down, it will hit SL BUY and trigger SELL STOP in the same time set new pending order BUY STOP.
    5. Entry will only close after hit TP or MC .
    6. Repeat again no 1.

    INPUT TABLE:
    1. LOTS
    2. PIPS STEP
    3. TP
    4. SL
    5. LOT MULTIPLES
    6. REPEAT CYCLE (TRUE/FALSE)
    7. MM (TRUE/FALSE)
    8. RISK (0.01 > 100.00%)
    9. MAX TRADE
    10.START HOURS
    11.END HOURS

    PENDING ORDER WITH MARTINGALE SETTING EA-image_177214-png

    Hope some one can make this EA real. I thanking you in advance ..


    *sorry for my bad english, im still learning



    Hi friend!

    I can do it. But only for MetaTrader5. I don't know MQL4 language and make EA only for version 5. Write me in private to discuss some nuances. I think we can do it together and gain money)))

Similar Threads

  1. Please Change this ea to pending order
    By indra_jangkrik in forum MQL programming
    Replies: 1
    Last Post: 02-13-2015, 14:12
  2. Replies: 2
    Last Post: 08-04-2014, 19:03
  3. Martingale pending order
    By surtoday in forum Ideas for expert advisors
    Replies: 0
    Last Post: 08-16-2012, 10:05
  4. PENDING ORDER EA
    By bero in forum Expert advisors backtesting
    Replies: 4
    Last Post: 12-03-2010, 17:23
  5. Pending Order EA
    By arfian in forum Ideas for expert advisors
    Replies: 0
    Last Post: 10-14-2010, 06:59

Tags for this Thread

100, breakout, martingale, pips, profitable, real, simple, stop, time, trading

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •