Can anyone help me make this EA please

hey every one i want to make an expert
but my programing experience is zero

here is the details and i think this ea is not an easy job
so i thank everyone will help me and put some effort for this ea


note : after i write this thread and before posting it i found that i write a lot so i apologize if you found me poring
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1-triger to open trades ( how trades are open )
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* let's say we will make a parameter called ( direction ) and we can chose either buy or sell
let's say i make it : buy

when we start the expert it will open a buy trade with stop 50 and target 100

if it hit target we will open another buy trade with sl 50 an tp 100 if it hit target we repeat the buy ( someone will say so why to close the first one this way you bay the spread for multiple time : i will answer this later when i illustrate the lot )

if it hit stop we will open a sell order from the same price where the stop of the buy were hit and this sell will be also with sl 50 and tp 100
if the sell hit stop we will open a buy from the same place where the stop were hit this buy has st50 and tp 100
but if the sell hit target we will not open another sell ( like the buy ) no we will open buy with st 50 ad tp 100

so let's summarize this part

- all trades with st 50 v tp 100 tareget: stop 1 : 2
- when the stop hit an opposite trade is opened from the place were the sl is hit the case is like a box it's wide is 50 pip we buy from the upper border and also the sell sl is there and sell from the lower border and also the buy sl will be hit
- when any trade either buy or sell hit target from the same price where the target where hit we open an order but it's type determined by the parameter called direction

this is the easy part as i think

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now the other part : lot calculation
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* we will use some kind of martingale

let's say the start balance is 10,000 $

i want to determine the sl as a percent from the balance

what does that mean ??

let's say the first trade will be a buy trade with sl 50 pip

and i choose (( in a parameter or excel sheet ) the stop of this trade to be 3% of the balance
the balance is 10000 the 3% equal 300 $ and the stop is 50 pip so the lot = 300/50 = 6 dollar per pip ( 0.6 )

- and also there will be a sequence for the martingale of trades

the sequence will be Fibonacci sequence : 1 1 2 3 5 8 13 21 .....etc

how ???

as we say the balance is 10000

so the first order ( let's say it's buy ) sl will equal 1% of the balance (10000) which equal to 100 $
if this trade win the balance will equal 10200

and we said before we will open another buy trade and it's sl will be 1% ( as the last trade was a wining one so we start the sequence from beginning )
but this time the balance is 10200 so the 1% sl will be 102 $

until here i think it's easy
the hard work is when we hit stop

as we say
the balance is 10000
and direction is buy
and the sequence of sl percents is 1 1 2 3 5 8 13 21

let's imagine how the expert will work

now let's see how the calculations work in case of trending market and wining traders

open first buy order ( market order ) ( order b1 ) with sl 1% of the 10000 ( original balance 1 ) and bending buy (b2) at the place of tp ( of order b1 ) with sl equal to 1% of ( the new balance after expected b1 wining ) ( 10200 ) and another bending sell (s1 ) at the balance of sl ( of order b1 ) with sl equal to 1% of ( original balance 1 ) ( 10000 ) not the new balance which will be 9900 ( because we lose )

now the market go up and order b1 win and we have a new balance (original balance 2 ) ( 10200 ) and the second buy ( order b2 ) triggered and it's sl is ( predetermined ) to equal 1% of ( original balance 2 ) 10200
when the second buy triggered ( b2 ) the expert will but another 2 pending orders
a buy order at the place of tp of ( order b2 ) with a sl equal to 1% of ( the new balance after expected b2 wining ) ( 10404 )
and a sell ( s2 ) order with sl equal to 1% of ( original balance 2 ) ( 10200 )

now let's see how the calculations work in case of consolidation market ( box border scenario ) and losing traders

open first buy order (market order) ( order b1 ) with sl 1% of the 10000 ( original balance 1 ) and bending buy at the place of tp ( of order b1 ) with sl equal to 1% of ( the new balance after expected b1 wining ) ( 10200 ) and another bending sell at the balance of sl ( of order b1 ) with sl equal to 1% of ( original balance 1 ) ( 10000 )

the market go down and order b1 hit sl we have a new balance 9900
the first sell order triggered ( s1 ) and as we mention it's sl equal to 1% of original balance ( 10000 )
once it triggered the expert will put 2 bending orders

a buy order (b3) at the place of sl of order s1 with a sl equal to 2% of original balance (10000 ) ( remember Fibonacci sequence 1 1 2 )

a buy order (b4) at the place of tp of order s1 ( remember the direction is up ) with a sl equal to 1% of (the new balance expected after s1 hit tp )
(10000 - 100( b1 lose) + 200 (s1 tp) = 10100 ) which we didn't reach yet but it's expected to be reached if order s1 hit tp

if s1 hit target and b4 activated this will be as we start from binging

if s1 hit sl the following happen

buy b3 will be triggered and the balance is now 9800 ( we lose 1% ( 100 $ ) in b1 and 1% in s1 )
here the expert will also but 2 bending orders

buy order ( b5 ) at the place of b3 tp and it's sl equal to the new expected balance ( after b3 hit tb ) which equal 9800 + 400 ( the 2% sl * 2 )=10200

a sell order ( s2) at the place of b3 sl with sl equal to 3% ( remember Fibonacci sequence 1 1 2 3 ) of original balance 10000

if target of b3 hit we have a new balance we start the Fibonacci sequence from beginning

if sl of b3 hit we continue the sequence of fibo

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to summarize this big part ( sorry because my illustration was poring )

- when a target hit we open a trade as the predetermined direction ( in parameter ) and we have a new original balance that will be used in calculations and Fibonacci sequence start from beginning

- when a sl hit we use the last big balance and the Fibonacci sequence continue until a target is hit

- if the triggered trade is as the direction parameter we put a pending like it at the tp place and a pending opposite to it's type at the sl place

- if the triggered trade is opposite to the direction we put a pending order like the direction at the place of tp and sl

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i think that we can use excel to facilitate the calculation of the lot instead of the expert making the calculation

i think it's possible to point the expert to certain cell in excel to take the lot from it

and make expert also write loses and profits to exel

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waiting for you help

another 2 points in summary

- the trade that activated after any trade hit target it's type is like the direction

- the trade that activated after a trade hit target it's sl percent is calculated from the expected balance after the first trade hit target

Is this what you mean

Buy 1 = TP -> Buy 2 = TP -> Buy 3 = TP -> Buy 4
..........................................Buy 3 = SL -> Sell 1
.....................Buy 2 = SL -> Sell 1 = TP -> Sell 2
..........................................Sell 1 = SL -> Buy 3
BUY 1 = SL -> Sell 1 = TP -> Sell 2 = TP -> Sell 3
..........................................Sell 2 = SL -> Buy 2
.....................Sell 1 = SL -> Buy 2 = TP -> Buy3
..........................................Buy 2 = SL -> Sell 2

Fib Progression on Stop Losses
% Equity on Take Profits

if the direction is up

Buy 1 = TP -> Buy 2 = TP -> Buy 3 = TP -> Buy 4
................................... .......Buy 3 = SL -> Sell 1
.....................Buy 2 = SL -> Sell 1 = TP -> buy 5
................................... .......Sell 1 = SL -> Buy 6
BUY 1 = SL -> Sell 1 = TP -> buy 7 = TP -> buy 8
................................... .......buy 9 = SL -> sell 3
.....................Sell 1 = SL -> Buy 10 = TP -> Buy11
................................... .......Buy 2 = SL -> Sell5

i change the numbers of orders (( 7 8 9 10 ))
as every buy has a different sl even they were similar insequence

i think connecting excel to mt4 may facilitate the calculation

any help ???

Completely confused now. You will have to rethink your explanation.

Is this even close?

Your buy direction looks for a target Profit of 100 pips but will withstand a loss of 100 pips. At the bottom border you are still in Buy mode. If you achieve the top border your direction remains the same for the next box.

Once you lose over 100 pips your direction is reversed and now you are targeting 100 pips in the opposite direction with the same considerations as in the statement above but reversed.

All trades are SL 50 TP 100 but consecutive losing trades use Fibs for lot size.

thank you very much for your contribution
- i will try to make more simple

1- the direction is a parameter it does not change by it self it's me who can change it not the lose or profit of any trade
2- all the trades at any time what ever the direction is all of them have target 100 pip stop loss 50 pip
3- if the direction is buy and we have a buy trade open if it get target another buy will be opened ( as direction ) if it get stop a sell will be opened ( opposite)
4- if the direction is buy and we have a sell trade open if it hit target a buy trade will be opened ( as direction ) if it hit stop a buy trade will be opened (opposite)
5- from point 4 3 if a target is hit ( what ever the trade that hit target type is ) we open a trade as the parameter direction
and if a trade hit stop ( what ever the trade that hit stop type is ) we open a trade opposite to it

that's how the trade opening mechanism work

if you get it clearly i will try to simplify the lot calculation part

and thank you again for your effort

In post #4 you say
as every buy has a different sl even they were similar insequence

In post #8 you say
2- all the trades at any time what ever the direction is all of them have target 100 pip stop loss 50 pip

also I do not understand point 5
from point 4 3 if a target is hit.

???

and you do not describe what happens after point 5.

I am trying to help but please re read you posts and amend them for typos.

thank you again for your efforts

1- when i said ((as every buy has a different sl even they were similar in sequence ))
i meant that the amount of money lost ( lot ) is different not the number of pips
all the trades have tp 100 sl 50 but the lot differ from each other according to the sequence

2- in point 5 i was try to summarize point 3 and 4 as a solid rule that the expert could deal with

let's say all the orders will be live not bending ( to make get the idea easily )
the direction i chosse it as : buy

first the expert open buy order then wait untill it closed ( lose or target )

then the expert look to it's result ( the expert always look to last closed trade result )

if it was a wining trade so he will open a buy ( as direction ) from the same place the tp were hit
if it was a losing trade so he will open an opposite position ( if the losing one was buy it open sell and vice Versa ) from the same place the sl were hit


you said

and you do not describe what happens after point 5

and then the expert repeat this process endlessly
this is the mechanism for how the expert determine the type of the position and the place where it will open it

and in the attached picture i give you an example

i put a horizontal line every 10 pip ( not 50 pip as the original sl ) to get more trades to illustrate the idea
an let's make the sl 10 pip and tp 20 pip

let's say we run the expert at the beginning of the day and the parameter direction is set to buy
and remember this 2 rules


1- if it was a wining trade so he will open a buy ( as direction ) from the same place the tp were hit
2- if it was a losing trade so he will open an opposite position ( if the losing one was buy it open sell and vice Versa ) from the same place the sl were hit

see the attached chart

- at point 1 we open the first order it was buy ( b1 )
- at point 2 ( b1 ) hit sl and we open sell ( s1 ) ( rule 2 )
- at point 3 ( s1 ) hit tp and we open buy ( b2 ) ( rule 1 )
- at point 4 ( b2 ) hit sl and we open sell ( s2 ) ( rule 2 )
- at point 5 ( s2) hit sl and we open buy ( b3 ) ( rule 2 )
- at point 6 ( b3) hit sl and we open sell ( s3 ) ( rule 2 )
- at point 7 ( s3 ) hit tp and we open buy ( b4 ) ( rule 1 )
- at point 8 ( b4 ) hit tp and we open buy ( b5 ) ( rule 1 )
- at point 9 ( b5 ) hit tp and we open buy ( b6 ) ( rule 1 )
- at point 10 ( b6 ) hit sl and we open sell ( s4 ) ( rule 2 )
- at point 11 ( s4 ) hit sl and we open buy ( b7 ) ( rule 2 )
- at point 12 ( b7 ) hit sl and we open sell ( s5 ) ( rule 2 )
- at point 13 ( s5 ) hit sl and we open buy ( b8 ) ( rule 2 )

and so on

i hope now the idea is clear
after we finish this part we go to the lot calculation part ( the annoying ,difficult part ) hhhhhh

Yes, I understand that. The lot calculation is the easy part and I always understood that part. I will have a good look over the next couple of days.

have finished the coding. maybe sl lot is the hardest part. test first of all, at the last , i will post the mq4 file.

thank you very match for helping

i am testing it and will till you the results thanks very much

If the open direction of th ea is correct by check, please continue to explain the set of SL and Lot, so i can continue code the ea.

thaaaaaaaaaaaaaaaaaaaaaaank you very much
it work perfect as i want

but i have some requests if you don't mind
1- can you make the expert make all the orders as bending order
2- can you put the mq4 file for any one else here in the thread that developing the ea with us
3- i think that the best thing that will help us to make the expert understand the money management ( lot calculation )
is that we connect the expert with external (Microsoft excel ) file and the expert read the lot from it

waiting for you
and thank you again for your efforts

can change order to pending.
money management ( lot calculation ) can be write into ea, instead of excel.
here is mq4 file. you can modify it freely

pend instead of sl.

thank you very much i will test it and till you results

what o you mean with ( pend instead of sl ) ???