I have been manually trading using the following settings and would like to be able to trade with a ‘semi-automated’ strategy in MT4 so I do not have to workout and enter the TP/SL levels manually.
I need to be able to open X lots manually and then automatically close; 25% when a TP/SL of 10 pips is hit; 25% when a TP/SL of 15 pips is hit; 25% when a TP/SL of 20 pips is hit and 25% when a SL of 20pips is hit (no TP).
Any remaining lots which were not closed by a TP/SL are to be closed when I reverse the trade.
I’ve attached an image of what the ‘ticket’ could look like, I’m not too sure what the limitations are, however any configuration would be fine.
The following is to help explain the image:
Lots = 4
Lots open = 1
Long is clicked
Buy 5 lots
Set TP/SL of 10pips for 1 lot.
Set TP/SL of 15pips for 1 lot.
Set TP/SL of 20pips for 1 lot.
Set SL of 20pips for 1 lot.
If you need any more information please post or pm me.