Expert Advisor: Input Parameter

#Text Label: General Settings:

1. Magic Number
2. Grid Spacing: 5.0 (In Pips)
3. Grid Deviation: 1.0 (In Pips) (0.0 Means No Deviation)
4. Grid TP: 3.0 (in Pips) But for each order separately (0.0 Means, No TP)
5. Grid SL: 3.0 (in Pips) But for each order separately (0.0 Means, No SL)
6. Lot Size: 0.01 (Fixed Lots Only)
7. Slippage: 1.0 (In Pips)
8. Spread Max: 1.0 (In Pips)

#Text Label: Trade Timing:

9. Asian Enable: 1. True 2. False (Default 1. True)
10. Asian Begin: 23:00 (In GMT)
11. Asian End: 08:00 (In GMT)
12. London Enable: 1. True 2. False (Default 1. True)
13. London Begin: 07:00 (In GMT)
14. London End: 16:00 (In GMT)
15. New York Enable: 1. True 2. False (Default 1. True)
16. New York Begin: 12:00 (In GMT)
17. New York End: 20:00 (In GMT)

#Text Label: Hedge Settings:

18. Hedging: 1. True, 2. False
19. Hedge Distance: 5.0 (In Pips)
20. Hedge Lot Size: 0.3
21. Hedge Trade TP: 3.0 (in Pips) (0.0 Means, No TP)
22. Hedge Trade SL: 3.0 (in Pips) (0.0 Means, No SL)
23. Hedge Trailing: 1.0 (In Pips)
24. Hedge Retrace Level: 2.0 (In Pips) – (Minimum: 1.0 pips)
25. Hedge Basket Loss Close Time: 3.0 (In Minutes Format: Minutes.Seconds)
26. BE Close Immediate Open: 1. True, 2. False (Default: True)
27. Margin Level SMS: 40.0 %
1. EA Should be able to differentiate 4 Decimal or 5 Decimal Data feed

2. EA Should be able to calculate pips for USD Pairs, JPY Pairs Correctly

3. When Spread Exceeds Set Max Value, EA Shouldn’t Open New Order and Pending order shouldn’t be triggered

4. When Sell Stop Selected, the First Order Should be Sell Stop. Then Follows Flow Chart. Same Goes for BuyStop.

5. Stop Loss and TP Setting considering Slippage and Spread: https://www.coensio.com/wp/spread-stop-loss-and-take-profit/

6. No Pending Orders to be Opened and No New Orders Should not be Triggered when Trading Hours not allowed.

7. Once Hedge Order is activated, EA should not close unless Scenarios Happened Mentioned in Flow Chart

8. No New orders shouldn’t be opened when Hedge Order is activated and Not Closed yet.

9. When Hedge Basket in Loss for More than time Set Duration (Item No:25). Close Initial and Hedge Orders with a loss. [Safety Lock]
Hedge Basket should be grouped Properly to not to interfere with other pair trades

10. If session ends, next time EA should trigger SellStop or BuyStop continue from last Hit TP or Hedge TP Hit
 START

No Wait for No
No Open Orders
Orders
Yes

Trading Session No Wait for Allowed

Allowed Session

Direction: BuyStop
Target Prof: 3Pips

Hedge Order to be
Trailed On Each Order Activated
Succession of Pip
Setting Item 23 Yes

Open Hedge Order Yes BuyStop Order

Hit TP
(Sell Stop) with Set Triggered
TP & SL
No

Hedge Order Yes

Open BuyStop Open SellStop SellStop Order
(SellStop) Hit TP
Order at Next Grid Order at Next Grid Triggered
Activated
No
No

Break Even – Price

Retrace Level Yes Close Hedge Order
Comes back to Open Once One
Reached & Initial Order
Level Order
Yes Triggered,
Open SellStop& BuyStop
Order at Next Grid if Cancel Other
Immediate Open True
 Break-even Close or Close on Retrace Scenario – Immediate Open
USDJPY

109.200

109.150

109.100

Buy Stop Order

Grid Deviation 109.050

Retrace-Level
5Pips
Break-Even 109.000
Grid Deviation
5Pips
Sell Stop Order
Once Sell Stop Order
Triggered, Other 108.950
Order Need to be
Cancelled
5Pips
108.900
 Break-even Close or Close on Retrace Scenario – No Immediate Open
USDJPY

109.200

109.150

109.100

Buy Stop Order

Grid Deviation 109.050

Retrace-Level
5Pips
Break-Even 109.000

5Pips

108.950
Grid Deviation
5Pips
Sell Stop Order
Once Sell Stop Order 108.900
Triggered, Other
Order Need to be
Cancelled
 MT4 Chart ( All Grid Lines are Quarters Theory Lines)
USDJPY

109.200
Grid Deviation
Sell Stop Order
109.150

109.100

109.050

Buy Stop Order

5Pips
Grid Deviation 109.000

5Pips Sell Stop Order - Hedge

108.950
Hedge Order to be
5Pips Trailed On Each
Succession of Pip
Setting 108.900
 Button Press
MT4 Chart

Grid Spacing/Dev: 3.0 | 1.0

Grid TP/SL: 3.0 | 0.0 Normal Buy On Sell Pause
Grid Lot Size: 0.1 Lot Normal
Hedging Disabled
Trade PL: +2.0 Pips
Account Balance: 120.00 USD
Available Margin: 120.50% Activated Buy Sell On Resume
Last State: 1. Initial TP Hit
2. Hedge TP Hit
3. Break-Even Close
4. Retrace On Close
5. Loss Timer Elapsed

Grid Spacing/Dev: 3.0 | 1.0

Grid TP/SL: 3.0 | 0.0
Grid Lot Size: 0.1 Lot
Hedging Enabled
Hedge Distance/Trail: 5.0 | 1.0
Hedge TP/SL/Retr: 3.0 | 0.0 | 2.0
Hedge Lot Size: 0.3 Lot Hedge Enabled
Hedge Basket P/L: -1.0 Pips
Account Balance: 120.00 USD
Available Margin: 120.50%
Last State: 1. Initial TP Hit
2. Hedge TP Hit
3. Break-Even Close
4. Retrace On Close
5. Loss Timer Elapsed