General,
I have an existing EA (EA-1) that generate trades according to its internal rules when installed on a chart.
A Position is generated when hit a certain rate level (parameter) preset in EA-1.
EA-1 is installs on each pair’s chart and a run on the pair is installed.
The Needs:
Keep EA-1 internal rules unchanged.
Add to EA-1 a “Follow Mode” (*) option.
i.e EA-1 will use a 2nd EA (EA-2) positions to rigger opening trades.
Trades that opened will handle according to EA-1 existing internal rules.
When the originating position that trigger EA-1 to open a position may exit (close),
EA-1 might close (*) the positions that opened due to the said trigger.
On the other hand, when the EA-1 “Follow” positions may exit (*) the originating position might be closed as well.
EA-1 is handling the pair's is installed at (the pair's chart)
The Extended EA will be run in two modes (*):
1. As-is Mode, run on the pair is installed
2. In Follow Mode:
2a. Install on a single chart and inspect all pairs that are set in a list to follow.
2b. Will trigger by trades that carry selected Magic Number(s) preset by a parameter.
To make the needs easy to understand, the MQ4 parameters of EA-1 are attached as well as
a list of the parameters that are required to add for the Follow Mode.
The full MQ4 will provide to the award programmer.
Thank you.
(*) An external, true/false option parameter.