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To create an EA for MT4 or MT5 on hedging and stop loss for forex trading. Basically for JPY pair with flexible Stop Loss and Taking profit.
Eg, Open position [url removed, login to view] lot, GBPJPY, Buy, TP 100 pips, SL 50pips and if hit SL, open new position with SELL, [url removed, login to view] lot,TP 100pips, SL 50pips or hit TP closed.
And the action repeat over again until hit TP.