Would anyone here be willing to code the following? I think it would be an excellent 'all round' trade opening and management script/EA.
Trade Entry:
Buy: True/False
Sell: True/False
Order by %: True/False
Order Size: User enters the % of their balance to be used as order size here:
Order by Lot: True/False
Order Size: User enters lot order size here:
Limit Order: True/False
Buy: True/False
Sell: True/False
Order by %: True/False
Order Size: (User enters the % of their balance to be used as order size here)
Order by Lot: True/False
Order Size: User enters lot order size here:
Trade Management:
Stop Loss by Candles: True/False
Number of Candles: (Sets the stoploss at the top/bottom of a previous candle as defined by the user. For example 1 would set it at the top/bottom of the 1st candle back from the trade, 2 the 2nd candle, and so on)
Stoploss by Pips: True/False
Number of Pips: (User to set stoploss by pips here)
Trailing Stoploss: True/False
Breakeven/Profit Protection:
Move to Breakeven: True/False
Number of Pips for Breakeven: (User enters number of pips profit needed before the stoploss is changed to breakeven, trade trails at this amount from there, overriding the original stop loss)
Buffer: (User enters number of pips past the opening before the above is activated, in order to place is at the spread for true breakeven, or some pips beyond to lock in some profit)
Trade exit/Take Profit:
Single Exit: True/False
Pips: (User to set pips profit target here)
Multiple exits: True/False
Take Profit Exit One: (User enters number of pips for the first take profit here)
Take Profit Exit Two: (User enters number of pips for the second take profit here)
Take Profit Exit Three: (User enters number of pips for the third take profit here)
Take Profit Exit One Percentage: (User enters the percentage of the original order to exit here)
Take Profit Exit Two Percentage: (User enters the percentage of the original order to exit here)
Take Profit Exit Three Percentage: (User enters the percentage of the original order to exit here. In reality though, it's probably best that the final take profit always close the whole remaining order, no matter what % the user enters)
My only concerns are the following:
That the trade opening part may take unwanted multiple entries, for example if the chart time is changed. Obviously users could set this to false manually once the trade has been taken, but if it could auto change to false once the trade has been entered it could avoid some unpleasant mistakes.
I'm not sure of the feasibility of two parts of the code setting different stoplosses? One when the trade starts, and then a different one once the trade moves into profit.
Thanks for reading
David
Trade Entry:
Buy: True/False
Sell: True/False
Order by %: True/False
Order Size: User enters the % of their balance to be used as order size here:
Order by Lot: True/False
Order Size: User enters lot order size here:
Limit Order: True/False
Buy: True/False
Sell: True/False
Order by %: True/False
Order Size: (User enters the % of their balance to be used as order size here)
Order by Lot: True/False
Order Size: User enters lot order size here:
Trade Management:
Stop Loss by Candles: True/False
Number of Candles: (Sets the stoploss at the top/bottom of a previous candle as defined by the user. For example 1 would set it at the top/bottom of the 1st candle back from the trade, 2 the 2nd candle, and so on)
Stoploss by Pips: True/False
Number of Pips: (User to set stoploss by pips here)
Trailing Stoploss: True/False
Breakeven/Profit Protection:
Move to Breakeven: True/False
Number of Pips for Breakeven: (User enters number of pips profit needed before the stoploss is changed to breakeven, trade trails at this amount from there, overriding the original stop loss)
Buffer: (User enters number of pips past the opening before the above is activated, in order to place is at the spread for true breakeven, or some pips beyond to lock in some profit)
Trade exit/Take Profit:
Single Exit: True/False
Pips: (User to set pips profit target here)
Multiple exits: True/False
Take Profit Exit One: (User enters number of pips for the first take profit here)
Take Profit Exit Two: (User enters number of pips for the second take profit here)
Take Profit Exit Three: (User enters number of pips for the third take profit here)
Take Profit Exit One Percentage: (User enters the percentage of the original order to exit here)
Take Profit Exit Two Percentage: (User enters the percentage of the original order to exit here)
Take Profit Exit Three Percentage: (User enters the percentage of the original order to exit here. In reality though, it's probably best that the final take profit always close the whole remaining order, no matter what % the user enters)
My only concerns are the following:
That the trade opening part may take unwanted multiple entries, for example if the chart time is changed. Obviously users could set this to false manually once the trade has been taken, but if it could auto change to false once the trade has been entered it could avoid some unpleasant mistakes.
I'm not sure of the feasibility of two parts of the code setting different stoplosses? One when the trade starts, and then a different one once the trade moves into profit.
Thanks for reading
David