MT4 EA To Ceate Stop and Limit Orders As Directed By User

Summary Description: The intended project is to produce an MT4 EA that will create orders based on two different order types: Limit and Stop. Only one of the two types will be generated by the EA during a trading session. It is intended that once the orders have been created the EA will manage the orders based on a limited set of criteria that will be described later in greater detail. The type of order created by the EA is important. Stop Orders will be created differently from Limit Orders. The EA will create Stop Orders one pending pair (buy/sell) at a time. When the first pair stops out, a second pair will be created and so on. Unlike Stop Orders, the EA will create a group of Limit Orders ALL at the same time. The EA can be simply summarized by stating: it’s designed to create stop or limit orders at a specified date, time and price. It is also designed to close open orders and delete pending orders on a specified date and at a specified time. When conditions exist, it will also automatically create and delete pending orders. Although the EA is as simple as I state, I have provided lots of detail to assist the coder with better understanding little but important details. More detail will be provided regarding differences in the way the EA will create the two types of orders. See attached summary and detail of the overall project.

Software Architecture

Project ID: #13878035

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