I am looking for an EA that will place 2 pending orders x amount of pips apart on a currency pair.
When the first order is triggered a second pending order is added to the opposite order.
If the price reverses and triggers the opposite order then add 2 more positions to the first order that triggered. This is so that there is always one more order in the opposite direction. So we want price to move far enough in one direction to cancel out the opposite hedged orders and we gain profit from having a nextra trade in our giving direction.
There should be no stop loss, just close all at x amount of pips/% profit.
Anyone with me?