Correlation Trade Closer.
Hello,
I trade from a correlation triangle of 3 main pairs. These are: USD CHF, EUR USD, GBP USD.Usually I will trade 2 pairs only at one time. On occasion this may be added to in order to correct inbalance. But 90% of the time only 2 trades in play at any one time.
The problem with this method is that the desired outcome is determined by the algebraic total of all open trades. ie:one pair may show +$300 and the other -$250. Therefore closing boyh trades wil produce a positive outcom of $50. The desired take profit may appear and wane away several times untill it can be cought and profit taken. Without baby minding the trade it is therefore a problem to be there at the optimum time.
I would like an EA That will close out all open trades at a pre set global profit. Profit to be set by the user at the open of the trades. It would be an advantage if a global stop loss could also be set if required. This stop loss to be switchable. ie on or off.
Please let me know if this is feasable and give a budget cost.
Kindest regards…..Glyn Foster.
Platform is mt4.
