10pips Hedging+Martingdale

Hi...

I'm looking for an EA for the following simple trading method;

TP: 20 pips SL: 0
*Open Buy at 0.1 Lot
*Open Pending Sell at -10pips at 0.2 Lots
IF PS hits then Open PB at +10pips at 0.4 Lots (back to Buy 1st price)
IF PB hits then Open PS at - 10 pis at 0.8 Lots (back to Sell 1st price)
and so on...

So there will only 2 price position opened, Buy and Sell with up-scaling lots
*Close all open and pending position once TP is hit
*No indicators
*No specific TF

Profit is generated when the price move UP or DOWN 30 pips

The EA Should be able to:
*Open BUY automatically when 1st Activated
*The range price between Buy and Sell can be manually adjusted for different strategy (i.e. 10, 20 pips, etc.)
*TP can be adjust manually
*Starting Lot size can be adjust manually (i.e. 0.01, 0.1, 1, etc)
*Once TP HIT close all open and pending positions and start all over again

Anybody can assists?? http://cdn.forexfactory.com/images/icons/icon7.gif

It is called as superhedge ...try superhedge ea

I tried it on my live account...in starting it given profits, but account fully wiped out in incremental range of choppy...then it also prepared to open 4.8 lots and then pending order of 9.6 Lot...I hope we shall not have such a big money in account...

Disadvantages :
1) Incremental lot against trend
2) We can't expect when it close
3) If trading range increased to choppy it opens huge orders
4) Your capital may not sufficient for huge orders
5) If you account have SWAP,... it is also burden to you
6) accumulated losses and huge pending orders give tension

take care about this strategy