Reverse Trading EA to be worked with my existing EA.
The reverse trade EA must be conducted within the same MT4 account. The original trade exits in the 2 different ways, one is simply as TP, another one is complicate as a sum algorithm.
I would like to describe the EA action as follows;
The EA entry both direction trades, open 2 orders, one buy and another one sell, and then modify with TP, if one(said buy) hit TP, and then open another order for same direction(buy), now if trend go upward, buy order will continue goes on, but sell became loss, and then Losing Lock trade with different direction( in this case, the losing is sell, so the Losing Lock trades will be buy) will be triggered(depends input/parameter of Lock_Level) with extra lots(on koef_l. if the value is 2.0, then the triggered order will be double.), but the Losing Lock order are without TP and SL, now if the Losing Lock and losing order gained profit sum reached to TakeProfit_Av= xx pips, then both losing order and Losing Lock order will be executed and profit out.
But if the Losing Lock order is still hanging, reach the AV_Level pips, and a Grid Locking order with same direction as Losing Lock order in extra lots( koef_av=x.x, if the value is 2, then double the lot size of Losing Lock order), will be triggered. Again, the Grid Locking order is without TP and SL, and once if the Losing lock and Grid Locking orders sum reached to TakeProfit_Av= xx pips, then these locking orders will be gained profit and out!
I hope you can understand my description for the EA . Also a screenshot attached for your better understand.
Thanks and regards,